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500 Bay Ave Unit 2502, Ocean City, NJ 08226 listing image 1

For Sale

$989,000

500 Bay Ave Unit 2502, Ocean City, NJ 08226

2Beds
2Baths
-SqFt

2Beds
2Baths
-SqFt

Property Type
Condo
Year Built
1977
HOA Fees
$720/mo
On highrises
98 Days

Property Details

Spectacular move-in ready BAY FRONT UNIT! Completely updated 2-bedroom, 2-bath offers breathtaking BAY views and an expansive balconyperfect for enjoying your morning coffee, evening sunsets, and everything in between. Phenomenal designer chef's kitchen. Custom built-in wet bar with beverage fridge. Fantastic OPEN CONCEPT kitchen/wet bar/dining area & living room with balcony access - very SPACIOUS for entertaining & perfect for relaxation. Truly one of a kind. INCREDIBLE master suite with direct endless BAY views. Large walk-in closet & gorgeous bathroom. Enjoy the many amenities 500 Bay has to offer including gym, on-site management, garage parking, bay front POOL, bay front boardwalk & sitting area. Walking distance to great shops & restaurants! The best of Ocean City living is right here! Call today for more information.

Property Features

Bedrooms

Bedrooms: 2

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Appliances

Oven
Self-Clean Oven
Microwave Oven
Refrigerator
Washer
Dryer
Dishwasher
Smoke/Fire Detector
Stainless Steel Appliance

Other Rooms

Heating and Cooling

Cooling Features: Central Air
Heating Features: Electric
Water Heaters: Electric

Interior Features

Interior Amenities: Living Room, Kitchen, Den/TV Room, Eat In Kitchen, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Land Info

Lot Description: Bay Front, Water Front, Water View

Garage and Parking

Garage Description: Garage, 1 Car

Homeowners Association

Association: Yes
Association Fee: 720
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 720

Amenities and Community Features

Elevator
Patio
Deck/Porch
Enclosed/Cov. Porch
Bulkhead
Cable TV
Outside Shower
Pool
Clubhouse/Clubroom

Other Property Info

Fireplace
Bar
Walk-In/Cedar Closet
Annual Tax Amount: 3447
Source Listing Status: ACTIVE
Tax Year: 2024
Source Property Type: CONDO/TOWNHOUSE
Inclusions: Blinds
Area: Ocean City
Property Subtype: condo
Source Neighborhood: Ocean City
Township: 08-Ocean City
Property Subtype: Condo
Source System Name: C2C

Building and Construction

Year Built: 1977
Entry Location: Water View, Corner
Property Age: 48

Utilities

Sewer: Public
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
10/17/2025	Listing removed	$989,000	-	AtlanticCity
08/07/2025	Listed	$989,000	-	AtlanticCity
08/01/2025	Listing removed	-	-	AtlanticCity
07/18/2025	Listed	$989,000	-	AtlanticCity
07/18/2025	Listed	$989,000	-	CapeMay
08/26/2015	Sold	$365,000	$332	Public Record
05/27/2003	Sold	$295,000	$268	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$3,446	$211,000	+	$96,200	=	$307,200
2023	$3,290	$211,000	+	$96,200	=	$307,200
2022	$3,161	$211,000	+	$96,200	=	$307,200
2021	$3,087	$211,000	+	$96,200	=	$307,200
2020	$3,004	$211,000	+	$96,200	=	$307,200
2019	$2,970	$211,000	+	$96,200	=	$307,200
2018	$2,942	$211,000	+	$96,200	=	$307,200

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
1755 Haven Ave Unit A	$999.9K	3	2	N/A	3450
2520 Central Ave Unit 1ST	$1.4M	4	2	N/A	N/A
2622 Wesley Ave Unit 2622	$2.5M	5	5	N/A	N/A
312 West Ave Unit 312	$799.9K	3	2	N/A	3000
1731 West Ave Unit 2	$999.9K	3	2	N/A	2700
12 W 6th St Unit 2ND	$819K	3	2	N/A	N/A

Presented by:
Margaret Nulty
state license#8135321

Broker Location:

Margate

Data Source:

CapeMay

Source's Property ID:

252099

Data Source Copyright:

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1170SqFt

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$989,000

500 Bay Ave Unit 2502, Ocean City, NJ 08226

Property Details

Property Features

Bedrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

Also at 500 Bay Ave

$649,999

500 Bay Ave Apt 607S

$830,000

500 Bay Ave Unit 2401

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Learn more about 500 Bay Ave Unit 2502

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