After we researched public records, we found out that the Panoramic Motel had sold. The asking price was $3.4 Million. The final sale rice has not been listed as of the time of this post. The listing still says pending! See the listing here> 2101 Surf Ave, Wildwood, NJ 08260 | MLS 557081 | Listing Information | Long & Foster (longandfoster.com)
The public listing said:
In the middle of the action, a short stroll to the beach, boardwalk, amusements, restaurants, and ALL resort entertainment venues. Owner operated for decades with strong seasonal occupancy. 1950’s style motel and apartments feature 2 and 4 room suites all with kitchenettes. Located in the Oceanside Business – 2 zone allowing for multiple resort uses. Large owner’s unit residence on site, pool and exterior laundry. This property has the potential to be assembled with adjoining motel property which is also concurrently being offered for sale. See complete details, property, layouts, and amenities at www.PANORAMICMOTEL.com.