Welcome to Ocean 7, located steps from the Boardwalk and Beaches in OCNJ. This 1 Bedroom with 2 Queen Beds features an additional Sleeper Sofa to sleep 6. The unit also features a kitchenette with refrigerator, microwave, and cooktop. The Unit comes Fully Furnished and Equipped. The Ocean 7 is a Condominium Hotel that has a front desk and is professionally managed and rented nightly. There is an awesome Heated Pool and Sundeck. Association fees include water & sewer, hot water, flood & hazard insurance, common area maintenance, cable TV, Wi-Fi, & Electric. The building is open Seasonally from April through October. Gross Rental Revenue of $38, 945 for 2023.
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: Dining Area
- Furnished Description: Blinds, Curtains, Drapes, Furnished, Rugs
Appliances
- Disposal
- Electric Stove
- Microwave
- Refrigerator
Other Rooms
Heating and Cooling
- Cooling Features: Central
- Heating Features: Electric
Exterior and Lot Features
- Cable TV
- Deck/Porch
- Elevator
- Laundromat On Site
- Outside Shower
- Patio
- Pool
Garage and Parking
- Parking Features: One Car Exterior Parking
Homeowners Association
- Association: Yes
- Association Fee: 488
- Association Fee Includes: Amenities, Cable, Electric, Hot Water, Insurance, Maintenance, Management, Other Utilities, Pool, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 488
- Pets Allowed: No pets allowed
Multi-Unit Info
- Unit Features: Elevator, Hardwood Floors
Amenities and Community Features
- Community Features: Cable TV, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Pool
Other Property Info
- Annual Tax Amount: 1404
- Source Listing Status: Active
- County: Cape May
- Directions: From 9th Street: North on Atlantic Avenue, East on 7th Street, 870 on Right
- Tax Year: 2023
- Source Property Type: CONDOMINIUM
- Area: Ocean City/Northend
- Property Subtype: condo
- Source Neighborhood: Ocean City/Northend
- Property Location: Beach Block, Boardwalk Area, Water View
- Flood Plain: Yes
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 447
- Year Built: 1972
- Building Exterior Type: Concrete
- Building Name: Ocean 7
- Entry Location: Water View
- 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