120 E Schellenger Avenue

Wildwood 08260

$1,375,000 Active
3,860 Sq Ft
Hotel Type
1960 Year built
#260299 MLS

Description

Are you looking for the perfect Shore Investement? This property offers exceptional income potential in only 6 months . Property could be delivered fully rented if desired . The property was renovated in 2021, this rare 14-room seasonal building blends comfort, flexibility, and strong rental appeal just steps from the beach and boardwalk. It features 14 private rental rooms, 9 full bathrooms, a shared living room, and two full kitchens in one large open space—perfect for group living, meal prep, and communal gatherings. The smart layout maximizes occupancy and creates a welcoming environment for seasonal renters, travel workers, and especially J-1 student housing, which remains in high demand in Wildwood. With potential earnings of over $130,000 per season, plus an option for seasonal rental at $90,000 (MLS 260300), this property offers multiple revenue streams. Its prime location near restaurants, nightlife, and top attractions ensures consistent demand and lasting value—a standout opportunity for investors seeking a high-performing property in one of the Shore’s most sought-after destinations. SELLER INCENTIVE!

Property Details

Property type
Hotel
Year built
1960
Price / sq ft
$356 / sq ft

Lot Information

Lot dimensions
.09
Zoning
PARZ

Location

Area
Wildwood
Town
Wildwood
ZIP
08260
Interested in this property? Shore Points Realty can represent you as your buyer's agent — contact us to arrange a showing.

Listing is provided by KELLER WILLIAMS REALTY - Washington Twp. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

Listing information is deemed reliable but not guaranteed. All measurements are approximate.