$3,500,000
$4,000,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
601 Atlantic Ave Ocean City, NJ 08226
15 Baths
Key Details
Sold Price $3,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 580494
Style Commercial
Annual Tax Amount $28,917
Tax Year 2023
Property Description
VOTED #1 LUXURY INN ON EAST COAST USA - the famous Ocean City's Premier Luxury Landmark, Atlantis Inn, is For Sale! This upscale award-winning property is the most unique and most desirable gem in NJ and boasts approx 9000 sq ft of living. An architectural dream estate, there is NOTHING ELSE LIKE IT anywhere in NJ, and rivals any 5-Star Premier Boutique Inn/Hotel on East Coast. First class, & top quality throughout, a truly "One Of a Kind" American piece of real estate! Property boasts 15 Ultra-Luxury Suites (featuring Jacuzzi tubs for two; Spa Showers For two; fireplaces and more), 3 Family-Style Villa Apartments with kitchens and a 1,600 sq ft mahogany deck w/ full ocean views. Discover the finest #1 luxury stay and the most extravagant place to escape to in Ocean City, NJ. The Atlantis Inn transcends traditional concepts with the upscale chic sophistication of European elegance, 21st century comforts of a boutique hotel, and top-of-the line amenities everywhere! Consistent & SOLID CASH FLOW-- 20 yr history of consistent OUTSTANDING INCOME! Expansion of business now in progress! EXQUISITE-Top-of-the Line EVERYTHING!!! Top of the line construction, location, and amenities throughout! This rare property sale only has traded a mere 7 times in the past 120 years. Property was fully and brand newly reconstructed in 2003 with high-end finishes, top-of-the line appliances; multizone HVAC (individual temp control in each of the 15 units), and everything a discriminating owner would appreciate in the space of absolute ultra-luxury. Award-winning property is located in Ocean City, NJ, one of the most desirable real estate beach resort location in America--insures safe, reliable, & consistent investment growth & ROI! This Luxury Inn was the winner of Philadelphia Magazine' s #1 Place To Stay, BEST OF THE SHORE ; and Philadelphia Magazine' s TOP ROMANTIC COASTAL GETAWAY, & the BEST B&B GETAWAY in the Delaware Valley. Atlantis Inn was also awarded Washingtonian Magazine' s "BEST DREAM WEEKEND SPLURGE" on America' s East Coast; & voted #1 B&B in all of South Jersey (beating everyone in Cape May) & Atlantis Inn is the --GOLD AWARD WINNER-- multiple years in a row by Atlantic City Press. View more property in detail at www.AtlantisInn.com NOW! Hurry - a RARE find, a RARE opportunity like this one may only come around once in your lifetime. Call us for more information - Financially qualified buyers only - NDA required.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Interior
Heating Forced Air, Gas-Natural, Multi-Zoned
Flooring Carpet-Partial, Hardwood, Linoleum/Vinyl
Exterior
Exterior Feature Sign, Fence, See Remarks
Parking Features 11 or More Spaces, Assigned
Roof Type Asphalt,Flat,Pitched
Building
Story 4
Sewer Public Sewer
Water Public
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