Discover the epitome of coastal living in this impeccably refurbished 3-bedroom, 2-bathroom haven nestled within Ocean City's renowned landmark building. Situated on the 2nd Flr, this corner condo presents a seamless turn-key experience, boasting expansive bedrooms adorned with plush new carpeting, tiled bathrooms, and a capacious living area featuring vinyl flooring. Delight in culinary pursuits within the fully equipped kitchen, showcasing granite counters, upgraded cabinetry, a stylish tile backsplash, and stainless steel appliances, complemented by a separate laundry room for added convenience. Step onto the oceanside new deck and bask in the ocean breezes. Noteworthy upgrades include revamped electrical and plumbing systems, state-of-the-art Fujitsu mini splits for optimal heating and cooling, as well as new vinyl siding and commercial-grade metal roofing for enduring durability. Embrace the allure of this property's exceptional rental income (2023 income was 72K, leases booked to date for 2024 is 62K) strategically positioned in close proximity to the beach, boardwalk, and downtown shopping. Experience contemporary comforts within this exquisitely renovated sanctuary, tailored to suit vacationers and savvy investors alike seeking a coastal retreat or a lucrative investment opportunity by the shore.
Property Features
Bedrooms
- Bedrooms: 3
- Bedroom 1 Level: Upper
- Bedroom 2 Level: Upper
- Bedroom 3 Level: Upper
Bathrooms
- Total Bathrooms: 2 / 0
- Full Bathrooms: 2
- Bathroom 1 Level: Upper
- Bathroom 2 Level: Upper
Interior Features
- Storage Facility
- Interior Amenities: Laundry/Utility Room
- Furnished Description: Furnished
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Washer
Other Rooms
- 11
- Living Room Level: Upper
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central, Multi-Zoned
- Heating Features: Heat Pump, Multi-Zoned
- Water Heaters: Gas
Kitchen and Dining
- Dining Room Level: Upper
- Kitchen Level: Upper
Exterior and Lot Features
Land Info
- Lot Size Acres: 0.0700184
- Lot Size Dimensions: 50 x 61
- Lot Size Square Feet: 3050
Homeowners Association
- Association: Yes
- Association Fee: 470
- Association Fee Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 470
- Pets Allowed: Yes w/restrictions
Multi-Unit Info
- Unit Features: Hardwood Floors, Master Bath, Pets Allowed, Wall to Wall Carpet
Amenities and Community Features
- Community Features: Storage Facility
Other Property Info
- Annual Tax Amount: 1
- Source Listing Status: Active
- County: Cape May
- Directions: 9th Street Bridge to Bay Ave to corner of 8th & Wesley Ave.
- Source Property Type: CONDOMINIUM
- Area: Ocean City/Central
- Property Subtype: condo
- Source Neighborhood: Ocean City/Central
- Property Location: Corner, Historical District, Water View
- Flood Plain: Yes
- Property Subtype: Condo
- Source System Name: C2C
Utilities
- Sewer: Public Sewer
- Upper
- Water Source: Public Water
Building and Construction
- Building Exterior Type: Vinyl
- Entry Location: Second Floor
- Levels: One
- Levels or Stories: Three to Five
- House Style: Converted Apartments
- Year Built Details: 25+ Years