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About the Listing VANGUARD - 3124854
Prime Avalon Luxury Retreat – A Rare Turnkey Investment & Lifestyle Opportunity! Welcome to 2118 1st Ave, Avalon, NJ—a meticulously renovated luxury beach home just two blocks from the beach, offering luxury living, strong investment potential, and a partial ocean view from the third-floor balcony. Spanning 3,378 sq. ft. across three floors, this 6-bedroom, 5.5-bath residence features high-end finishes, designer details, and multiple master suites, making it ideal for personal use or as a high-performing short-term luxury rental. This property is already operating as a top-tier short-term luxury rental, with strong bookings in place for multiple seasons, offering a rare opportunity for immediate cash flow. For qualified buyers, the seller is open to transferring ownership via the LLC that holds the property, which may offer potentially significant savings at closing (consult with your tax advisor). Additionally, the seller is willing to offer owner financing and is open to remaining involved in property management, ensuring a seamless transition for investors looking to maximize returns. Designed for both entertaining and relaxation, the home features a gourmet chef’s kitchen with Bosch stainless steel appliances, quartz countertops, and an oversized island. Expansive outdoor spaces include multiple decks, a heated pool with hot tub conversion, and a full outdoor kitchen with a built-in grill, sink, and seating area. A unique poolside garage, accessible from both ends, functions as a poolside cabana with seating, a TV, and a mini fridge while also providing ample storage for all of your beach and pool equipment. The home is being sold fully furnished with all professional designer-selected furnishings, allowing for a truly turnkey experience. To ensure years of worry-free enjoyment, the home is equipped with dual-zone HVAC and newer mechanical systems, including a tankless hot water heater and HVAC on the main floor replaced in 2023, a new coil and condenser on the upstairs furnace replaced in 2021, and a hot water heater on the third floor replaced in 2020. Located just steps from Avalon’s best beaches, dining, and entertainment, this property offers the perfect combination of coastal luxury and investment potential. Whether you’re looking for a smart investment, a private coastal retreat, or a blend of both, this Avalon gem delivers exceptional value and versatility. Schedule your private tour today and experience the Avalon lifestyle for yourself!
Listing Highlights for 2118 First Ave
Status
Active
Days on Site
399
Property Type
Residential
MLS ®
NJCM2003884
Year Built
2005
Total Square Footage
3,378
Lot/Acreage
0.12
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full / 1 Half
- Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer, Water Heater - Tankless, Water Heater
- Air Cond: Central A/C,Multi Units,Zoned
- Heating: Forced Air
- Fireplaces:
- Floor: Ceramic Tile,Hardwood
- Above Ground Sq Ft: 3378
- Below Ground Sq Ft: 0
- Basement:
- Other: Bar,Combination Dining/Living,Combination Kitchen/Dining,Dining Area,Entry Level Bedroom,Family Room Off Kitchen,Floor Plan - Open,Kitchen - Gourmet,Kitchen - Island,Pantry,Primary Bath(s),Bathroom - Stall Shower,WhirlPool/HotTub,Wood Floors,Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Corner,Landscaping,Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 3
- Lot Dimensions: 60.00 x 84.00
- Zoning: R-1C
- Roof: Architectural Shingle
- Others: BBQ Grill,Gutter System,Hot Tub,Outside Shower,Sidewalks,Very Good
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Private,Additional Storage Area,Garage - Side Entry,Garage Door Opener,Detached Garage,Driveway,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $11,529
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
2118 First Ave Avalon, NJ 08202
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