Premium End Unit in Biscayne Suites Prime Investment Opportunity Just Steps from the Boardwalk! This highly sought-after front-facing end unit offers the ultimate beach-side escape and a consistent income stream! Enjoy a spacious 1-bedroom suite featuring a private king bedroom, separate living area with a queen sleeper sofa, convenient kitchenette, and your own outdoor balconyperfect for soaking in the sea breeze. Located in the heart of Ocean Citys boardwalk and beach district, this standout unit generated over $31, 000 in gross income in 2024. Biscayne Suites onsite rental program handles everythingfrom nightly bookings to daily housekeeping and linen servicemaking ownership completely hassle-free. Amenities include a rooftop pool, third-floor garden deck, and assigned parking. The condo is being sold fully furnished and ready to start earning from day one. HOA fees cover WiFi, expanded cable, basic phone, water, sewer, flood & fire insurance, and common area upkeep. Owners must participate in the onsite rental program (no outside rentals), with usage capped at 30 nights per seasonal quarter per local ordinanceensuring strong rental demand throughout the year. Whether youre seeking a turn-key vacation spot or a high-performing investment property, this is your chance to own one of the most desirable units in Biscayne Suites. Schedule your showing todaythis opportunity wont last! Please see Agent Remarks.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
Interior Features
- Cable TV
- Deck/Porch
- Elevator
- Laundromat On Site
- Outside Shower
- Patio
- Pool
- Interior Amenities: Breakfast Nook
- Furnished Description: Blinds, Furnished
Appliances
- Electric Stove
- Microwave
- Refrigerator
Other Rooms
Heating and Cooling
- Cooling Features: Central
- Heating Features: Electric, Forced Air
- Water Heaters: Electric
Exterior and Lot Features
- Cable TV
- Deck/Porch
- Elevator
- Laundromat On Site
- Outside Shower
- Patio
- Pool
- Road Frontage Type: Ave
Garage and Parking
- Parking Features: One Car Exterior Parking
Homeowners Association
- Association: Yes
- Association Fee: 359
- Association Fee Includes: Amenities, Cable, Insurance, Maintenance, Management, Other Utilities, Pool, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 359
- Pets Allowed: No pets allowed
Amenities and Community Features
- Community Features: Cable TV, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Pool
Other Property Info
- Annual Tax Amount: 1964
- Source Listing Status: Active
- County: Cape May
- Directions: 9th to left on Ocean Avenue to building on left.
- Tax Year: 2024
- Source Property Type: CONDOMINIUM
- Area: Ocean City/Central
- Property Subtype: condo
- Source Neighborhood: Ocean City/Central
- Property Location: Boardwalk Area
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 523
- Year Built: 1991
- Building Exterior Type: Vinyl
- Building Name: Biscayne Suites
- Entry Location: Water View
- Levels: One
- Property Age: 34
- Levels or Stories: Three to Five
- Year Built Details: 25+ Years
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Water Source: Public Water