Bay front property in downtown Sea Isle City. This special property has major upside for a savvy user or developer. The property is currently rented on a year round basis and has consistently been a highly demanded rental property. The first floor has a studio apartment, garage and four boat slips. The second floor has a two bedroom and one full bath plus a bay side sun deck. Total rental income for the building exceeds $38,000. This property also offers many future development possibilities including building a new side-by-side townhouse unit or purchase together with the neighboring property at 329-331 43rd Place to explore building a first floor restaurant or retail space and five units above.