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2118 First Avenue, Avalon Boro

$3,999,000   | Active

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Type: Single Family    |   Bedrooms: 6   |   Bathrooms: 5   |   Half Baths: 1    |   0 Days on Market    |   MLS: 588143

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DESCRIPTION

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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!

AMENITIES

  • Dishwasher   
  • Disposal   
  • Dryer   
  • Gas Stove   
  • Microwave   
  • Refrigerator   
  • Washer   
  • Cabana   
  • Curbs   
  • Deck   
  • Enclosed Outside Shower   
  • Fenced Yard   
  • Outside Shower   
  • Patio   
  • Pool-In Ground   
  • Porch   
  • Sidewalks   
  • Whirlpool/Spa   
  • Den/TV Room   
  • Dining Area   
  • Great Room   
  • Laundry/Utility Room   
  • Loft   
  • Pantry   
  • Primary BR on 1st floor   
  • Heating:Forced Air   
  • Heating:Gas-Natural   
  • Heating:Multi-Zoned   
  • Heater:Gas  
  • Heater:Tankless-gas  
  • Bar  
  • Cooling:Central  
  • Cooling:Electric  
  • Cooling:Gas  
  • Cooling:Multi-Zoned  
  • Public Sewer  

PROPERTY LOCATION / MAP

Last Database Update: 09/17/2025
Illustration of a gapListing Courtesy of VRA Realty, LLC.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Monihan Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
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2118 First Avenue, Avalon Boro
For Sale: $3,999,000
MLS: 588143

Bed:6 | Bath:5 LOT: | DOM:0
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Office Location - 3201 Central Avenue, Ocean City New Jersey
3201 Central Avenue
Ocean City, NJ
609-399-0998
Monihan Realty - Ocean City New Jersey
Office Location - 717 Battersea Road, Ocean City New Jersey
717 Battersea Road
Ocean City, NJ
609-399-1311
 
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