A unique opportunity has arisen for those looking to own a piece of the beach in Cape May, New Jersey. For just $1 million, potential buyers can acquire over eight acres of beachfront property between Gurney and Ocean streets. However, there are restrictions in place that limit what can be done with the land, as easements prevent the construction of any type of structure on the beach. Additionally, the beach is open to the public and beach tags must still be purchased to access the area.
The property, previously owned by hotel owner Bob Fite, is currently up for sale, with the city of Cape May having the right of first refusal to purchase it. The listing has attracted significant interest due to its unique nature, with real estate agent Gail Wilsey-Morrison advising potential buyers to seek legal counsel before making any decisions. Despite the allure of owning a private beach, there are limitations and costs associated with the purchase of this beachfront property.
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