2459 First Avenue Sold | $1,475,000

This centrally located vacant ground is the perfect place to build your new shore escape. The lot measures 55’ x 90’ and can handle construction of up to 3,465 square feet. The property is one cross street away from the beach and one cross street away from the center of town – truly a park and walk to everything location. If you are considering building an investment home, it would be hard to do better than this location. A new, six bedroom home in this location could easily generate $125,000 a year in rental income.

This listing is provided courtesy of FERGUSON-DECHERT, INC