Location, location, location! This rarely offered King Studio unit in Ocean 7 Condominiums is conveniently located just steps from the boardwalk and beach at 7th Street. The unit sleeps two adults and two kids with one king bed plus a daybed with a trundle. Nice kitchenette with granite counter, glass cooktop, microwave, and fridge. One full bath. Sale includes all furniture and appliances making it an easy turnkey investment. Consistent rental history exceeding $30, 000 per season. Ocean 7 has all the conveniences of hotel living, with on-site management, front desk check-in, linens, and maid service. Building amenities include a heated pool with sundeck, elevator, off-street parking for one vehicle, and a personal storage locker for your personal items. Condo fees include electric, water, sewer, flood & hazard insurance, common area maintenance, cable TV, and Wi-Fi! You just pay personal insurance and taxes. Ocean 7 is a seasonal building open from April to October. You can use the unit as your personal escape but if you decide to rent, all rentals must go through the front desk program.
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
- Storage Facility
- Furnished Description: Curtains, Furnished
Appliances
- Electric Stove
- Microwave
- Refrigerator
Other Rooms
Heating and Cooling
- Cooling Features: Electric, Wall Units
- Heating Features: Forced Air
- Water Heaters: Gas
Exterior and Lot Features
- Cable TV
- Deck/Porch
- Elevator
- Laundromat On Site
- Outside Shower
- Patio
- Pool
- Storage Facility
- Road Frontage Type: Street
Garage and Parking
- Parking Features: One Car Exterior Parking
Homeowners Association
- Association: Yes
- Association Fee: 284
- Association Fee Includes: Air Conditioning, Amenities, Cable, Electric, Heat, Hot Water, Management, Other Utilities, Pool, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 284
- Pets Allowed: No pets allowed
Multi-Unit Info
Amenities and Community Features
- Community Features: Cable TV, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Pool, Storage Facility
Other Property Info
- Annual Tax Amount: 1283
- Source Listing Status: Active
- County: Cape May
- Directions: Atlantic Ave to East on 7th Street.
- Tax Year: 2024
- Source Property Type: CONDOMINIUM
- Area: Ocean City/Central
- Property Subtype: condo
- Source Neighborhood: Ocean City/Central
- Property Location: Boardwalk Front
- Flood Plain: Yes
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 260
- Year Built: 1972
- Building Exterior Type: Brick, Stucco
- Building Name: Ocean 7
- Entry Location: Second Floor
- Levels: One
- Property Age: 52
- Levels or Stories: Three to Five
- House Style: Converted Motel
- Year Built Details: 25+ Years
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Water Source: Public Water