The Ocean Surf Resort hotel in Montauk just listed for $25 million under Brown Harris Stevens listing agent Jose Dos Santos. The hotel spans 9,400 square feet in size on a half-acre of land with 160 feet of direct oceanfront.
According to the listing, the current hotel can be expanded, or there’s the possibility of converting the hotel to co-op units.
The oceanfront resort is located at 84 South Emerson Avenue, close to Kirk Park Beach and just down the street from the Sloppy Tuna. The downside to the property is that it’s not as privately located as other oceanfront resorts in Montauk. The hotel is directly visible from South Emerson Street, and on a half-acre, it could be difficult to add landscaping for privacy.
While the land is small, having an oceanfront parcel could be a great investment opportunity for a new business, even outside of the hotel realm. What do you think this land would work well as?
- Montauk Oceanfront [Brown Harris Stevens]