Waterfront Development Site & Marina in Federal Opportunity Zone

Max Spann Real Estate & Auction Company is a multifaceted, national real estate company. Since 1890, the firm has been an industry leader in accelerated marketing and consulting services. Max Spann Real Estate & Auction Company’s Accelerated Auction Marketing Program creates urgency in the marketplace and allows sellers to control the terms and the timing of the sale of their real estate assets. In addition to auction marketing, Max Spann provides full real estate consulting services as well as traditional brokerage.

Tangier Sound Development Site will be sold via an online auction. The 7.80 +/- acre site, located in Crisfield, Maryland, is pad ready and approved for up to 228 units plus 134 +/- slip marina. Minimum Bid is $600,000. Bidding will start Wednesday, August 7th, 2019 at 9:00AM and bidding will conclude on Thursday, August 8th at 1:00PM.

Property Highlights:

  • 7.8 +/- acre fully entitled (fees paid), pad ready and approved for up to 228 units
  • On-site is an existing fully occupied condo building completed in 2007, which is not part of this offering
  • Already constructed swimming pool, his/hers locker room and gazebo
  • Pristine waterfront location on the Tangier Sound of the Chesapeake Bay
  • Short boat or ferry ride to popular Tangier and Smith Islands
  • Property is located in a qualified Federal Opportunity Zone

Marina Details:

  • 1,800 +/- feet of bulkhead surrounding waterfront
  • Phase I (Pier 2) is fee simple 38 slips
  • Phase II (Pier 1) is condoed with 43 remaining in developers ownership
  • Phase III (Pier 3) is not constructed, potential for 56 more slips

A property preview will be held on Tuesday, July 23rd, from 12PM-2PM. Contact Bob Dann with Max Spann Real Estate & Auction Company and visit their website for detailed information and a property information package on this waterfront land auction. In cooperation with Rowell Auctions and Alliance Realty and Associates, a licensed Maryland Broker.

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