35 lighthouse way

The Compass House in Loveladies... What a fantastic opportunity to own this 4 bedroom 2.5 bath home situated on an oversized 10,759 sq. ft. lot in Lighthouse Park. 1031 if you choose into this stellar investment property with 133K gross rental income for the summer of 2023. Repeat tenancies are happy to rent from the next owner too! Convenient ocean access and public tennis court directly across the street including a wooden walkway to the lifeguarded beach. Public parking available at beach entrance. Should you choose to build, the property allows for a 5250 sq. ft. home with south-facing lagoonfront and bay view potential to the northwest and southwest given the unique peninsula setting. A roof deck will afford views of the Atlantic. Paddle board to the sedges just northwest of the property and enjoy morning coffee as you meditate and watch the herons fish along the banks. Stroll or bike to Barnegat Light for all of your market, dining, and shopping needs. This oversized property offers copious pool and patio space in a divine south-facing setting. Property sold AS-IS.