$365,900
812 Ocean Ave Unit 112, Ocean City, NJ 08226
- 1Bed
- 1Bath
- 521SqFt
- 1Bed
- 1Bath
- 521SqFt
- Property TypeCondo
- Year Built1991
- HOA Fees$357/mo
- Price per Sqft$702
- On highrises1 Day
Property Details
Full 1BR suite, w/ separate bedroom w/ a king bed, living room w/ a queen sofa-bed and renovated kitchenette including full size refrigerator and extended granite countertop, private outside balcony and centrally located in the heart of the beach and boardwalk area. Very desirable front facing unit with views towards the boardwalk directly down Moorlyn Terrace. 2024 gross income over 26K! Owner blocked several nights for personal use otherwise income would have been higher. Onsite rental program offers nightly rentals with daily housekeeping service, linen service, parking and onsite laundry. Biscayne Suites boasts a rooftop heated pool and a third floor garden deck and a great rental stream for the astute investor. Being offered fully furnished, with parking. Condo fees include wireless internet, expanded cable TV and basic phone service, water, sewer, flood insurance & fire insurance and common area maintenance. 2024 Income/Expense Report and Seller Property Disclosure in Associated Docs. Owners are required to participate in the onsite rental program. No outside rentals permitted. Biscayne Suites adheres to the City ordinance limiting owner usage to 30 nights per seasonal quarter. See seasonal quarters breakdown below: Summer June 21st to September 20th, Fall September 21st December 20th, Winter December 21st March 20th, Spring March 21st - June 20th. Please see Agent Remarks.
Property Features
Bedrooms
- Bedrooms: 1
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Bob Gullo, Broker Associate
- state license#0233337
- Brokered by:
- Fox Real Estate-Ocean
- (856) 305-2091
Also at 812 Ocean Ave
