Fourth floor ocean facing unit at Ocean 7. Ocean 7 unit 420 is a fully furnished studio unit with bedroom, bath, and kitchenette. Excellent rental history grossing $35, 000 last season. Currently $31, 000 gross rent booked for rest of season. Located at the foot of the boardwalk at 7th street, features include off street parking, elevator, owner storage and heated pool. This family friendly Condo-Tel is nonsmoking and pet free. Excellent on-site management company which markets the building, handles rentals, linens and maid service. Condo fees cover management, flood insurance, cable TV, Wi-Fi, trash and all utilities. Make it your vacation getaway or join the management run rental 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: Shades
Appliances
- Electric Stove
- Microwave
- Refrigerator
Other Rooms
Heating and Cooling
- Cooling Features: Wall Units
- Heating Features: Electric
- 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: 285
- Association Fee Includes: Air Conditioning, Amenities, Cable, Electric, Heat, Hot Water, Management, Other Utilities, Pool, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 285
- Pets Allowed: No pets allowed
Multi-Unit Info
- Unit Features: Wall to Wall Carpet
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: 1845
- Source Listing Status: Under Contract
- County: Cape May
- Directions: Atlantic Ave to 7th Street. All the way down to 870 at end of block.
- Tax Year: 2024
- Source Property Type: CONDOMINIUM
- Area: Ocean City/Northend
- Property Subtype: condo
- Source Neighborhood: Ocean City/Northend
- Property Location: Boardwalk Front
- Flood Plain: Yes
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 258
- Building Exterior Type: Brick
- Building Name: Ocean 7
- Entry Location: End Unit, Pool View, Top Floor, Water View
- Levels: One
- 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
