Oceanfront living meets smart investing! Dont miss this 2nd-floor condo in desirable Wildwood Crest, offering ocean views, family-friendly amenities, and proven rental potential. This seasonal 1-bedroom, 1-bath unit (large enough to fit 2 FULL SIZE beds AND IS INCLUDED IN THE SALE) features a bright living room and kitchen combination with space for seating, family meals, and views of the ocean right from your window. The bedroom has new hardwood flooring, and the full bath includes a tub for added comfort. On-site perks include a pool, shared Oceanview deck (with only one other unit), grills, ping-pong table, and an assigned off-street parking spot. This condo isnt just a retreat but a proven income producer generating just under $25, 000 in rental income this past year! Seasonal rentals can cover mortgage and HOA costs, with potential for net income, and the HOA even offers rental management for convenience. Located just 10 minutes from Cape May and 5 minutes from Moreys Pier and the Wildwood Boardwalk, this Monterey Avenue gem is the perfect blend of vacation escape and investment opportunity!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1.1
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Appliances
- Range
- Oven
- Microwave Oven
- Refrigerator
- Dishwasher
Other Rooms
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Gas Natural, Forced Air
- Water Heaters: Gas
Interior Features
- Interior Amenities: Living Room, Kitchen
Land Info
- Lot Description: Beach Block, Beach Front, Water Front, Water View, Beach Proximity: 1 Block
Garage and Parking
- Garage Description: 1 Car, Assigned Parking
Homeowners Association
- Association: Yes
- Association Fee: 831
- Association Fee Frequency: Quarterly
- Calculated Total Monthly Association Fees: 277
Amenities and Community Features
- Patio
- Deck/Porch
- Outside Shower
- Pool
- Laundry Room
- Onsite rental management
Other Property Info
- Hardwood Floors
- Annual Tax Amount: 3511
- Source Listing Status: ACTIVE
- Tax Year: 2024
- Source Property Type: CONDO/TOWNHOUSE
- Inclusions: Drapes, Curtains, Shades, Blinds, Furniture
- Area: Wildwood Crest
- Property Subtype: condo
- Source Neighborhood: Wildwood Crest
- Township: 15-Wildwood Crest
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 400
- Year Built: 1953
- Entry Location: Water View, Pool View
- Property Age: 72
- Levels or Stories: One
Utilities
- Sewer: Public
- Water Source: Public