2 Bowers Dr #101-108, 201-209, 301-309
- Shovel ready
- Fully approved site (excluding building permit)
- Infrastructure in place
- Last parcel in a sold-out subdivision
- Community pool, clubhouse, and more
Property Description
**Shovel-Ready 26-Unit Multifamily/Condo Development Opportunity in Ocean View Beach Club** This offering presents an opportunity to acquire a fully approved 26-unit multifamily/condominium development site with infrastructure in place within the Ocean View Beach Club, a fully sold-out 300+/- unit master-planned community in this highly desirable coastal Delaware market. The only remaining step is to submit actual building plans for permits, but the site is fully entitled with utilities at the site. No DelDot approval and no lengthly approval process. All future residents would have full access to all the community amenities including a 9,000 +/- SF clubhouse and resort-style pool!! The site offers a developer the ability to acquire a development-ready site 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 without the risk of long-term market fluctuations that can occur in the middle of the development cycle. 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,500,000 |
| Lot Size: | 0.99 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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