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2118 First, Avalon, NJ 08202

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For Sale

$3,999,000

6 beds • 5 baths • 1 half baths • 3,378 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,183.84
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

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!
MLS# 242381

Courtesy Of VANGUARD REALTY ALLIANCE, LLC

(484) 800-1777

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Deck, Porch, Patio, Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Heating System
    Forced Air
  • Rooms
    Den, Dining Room, Kitchen, Living Room, Loft

Map and Directions

Directions to 2118 First, Avalon, NJ 08202

Home seller CENTURY 21 Alliance

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alliance

(609) 522-1212
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.