$150,000
840 Ocean Ave Unit 42, Ocean City, NJ 08226
- 0Bed
- 1Bath
- 412SqFt
- 0Bed
- 1Bath
- 412SqFt
- Property TypeCondo
- HOA Fees$350/mo
- Price per Sqft$364
- On highrises9 Days
Property Details
Welcome to Sifting Sands, one of Ocean Citys last remaining iconic center-city motels, operating every summer since 1964. This updated and fully furnished condotel unit is ideally located at 9th & Ocean Avenuejust steps from the boardwalk, beaches, shopping, and dining. The unit comfortably sleeps four and features a galley kitchen and one deeded parking space. Sifting Sands is now a pet-friendly establishment, making it even more attractive for owners and renters alike. The condo fee covers a wide range of amenities, including water, sewer, flood and hazard insurance, hot water, cable, Wi-Fi, trash service, common area maintenance, professional management, and access to the onsite pool. Owners may reserve up to 14 personal-use days during the summer rental season, and enjoy unrestricted use from November 1 to April 15. The unit generated $13, 392 in gross rental income for the 2024 season, plus an additional $2, 500 from winter rentals. Showings must be scheduled between guest stays, as the motel is in full operation. Dont miss this opportunity to own a piece of Ocean City history with excellent rental potential and a prime location!
Property Features
Bedrooms
- Bedrooms: 0
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Gifford Jr Ronald C
- state license#SP-9587438
- Brokered by:
- Compass New Jersey-Ocean City
- (609) 322-7390
Also at 840 Ocean Ave
