Shovel-Ready 26-Unit Multifamily/Condo Development Opportunity

Highlights:

• Shovel ready
• Fully approved site (excluding building permit)
• Infrastructure in place
• Last parcel in a sold-out subdivision
• Community pool, clubhouse, and more

Description:

**Rare Shovel-Ready 26-Unit Multifamily/Condo Development Opportunity in Ocean View Beach Club**

This offering presents an opportunity to acquire a fully approved, shovel-ready 26-unit multifamily condominium site with infrastructure in place within the Ocean View Beach Club, a fully sold-out 300-unit master-planned community in the highly desirable coastal Delaware market. The only remaining step is to submit actual building plans for permits, but the site is fully entitled.

The site offers a developer the ability to skip to the front of the line and avoid having to go through the years-long entitlement process, DelDot review, installing infrastructure, and timing risk associated with traditional development. All major infrastructure is in place, and the site is approved, providing an accelerated path to construction and revenue.

Located in the rapidly growing Ocean View/Bethany Beach coastal corridor, the property benefits from strong residential demand, proximity to Delaware’s beaches, and its position within an established community. The average sale price within the subdivision was $668,000+/- during the first three quarters of 2026.

With 26 approved units, infrastructure in place, and a short runway to construction, this is an increasingly difficult-to-replicate opportunity for builders and developers seeking near-term inventory in one of the Mid-Atlantic’s most desirable coastal markets.


Located in the sought-after community of Ocean View, Delaware, just minutes from Bethany Beach and the Atlantic Ocean, Ocean View Beach Club is positioned in one of the Mid-Atlantic’s most desirable and rapidly growing coastal markets.

This prime property is surrounded by a wealth of attractions and conveniences. Residents can enjoy the nearby pristine beaches of Bethany Beach and Fenwick Island, as well as the vibrant shopping within a short drive. The area's convenient access to championship golf courses, outdoor recreational spaces, and community amenities makes it an ideal location for a dynamic residential or multifamily development. Embrace the coastal lifestyle and vibrant community of Ocean View.

Offering convenient access to Route 1, beaches, retail, restaurants, golf, and recreation, while benefiting from strong demand from year-round residents, retirees, and second-home buyers. Situated within an established 300-unit master-planned community, the site combines an exceptional coastal location with existing infrastructure and strong residential demand.

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