812 Ocean Ave Unit 316, Ocean City, NJ 08226

Back to Website: 812OceanAveUnit316.IsForSale.com

Status:Active
MLS #:600179
Price:$ 339,900
Beds:1
Baths:1 Bath (1 F)
Type:Condominium

Features

  • Beautifully Renovated Condo!
  • Roof-Top Pool!
  • Peaks of the Ocean!
  • Fully Furnished!
  • Fantastic Rental Income!

Remarks

Full 1BR suite, w/ separate bedroom w/ a king bed, living room w/ a queen sofa-bed and renovated kitchenette including full size refrigerator and extended granite countertop, private outside balcony with peaks of the ocean and centrally located in the heart of the beach and boardwalk area. Additional recent upgrades include a water heater, sofa bed and ceiling fan. Very desirable front facing unit with ocean views directly down Moorlyn Terrace. 2024 gross income over 30K! Onsite rental program offers nightly rentals with daily housekeeping service, linen service, parking and onsite laundry. Biscayne Suites boasts a rooftop heated pool and a third floor garden deck and a great rental stream for the astute investor. Being offered fully furnished, with parking. Condo fees include wireless internet, expanded cable TV and basic phone service, water, sewer, flood insurance, fire insurance and common area maintenance. 2024 Income/Expense Report and Seller Property Disclosure in Associated Docs. Owners are required to participate in the onsite rental program. No outside rentals permitted. Biscayne Suites adheres to the City ordinance limiting owner usage to 30 nights per seasonal quarter. See seasonal quarters breakdown below: Summer June 21st to September 20th, Fall September 21st December 20th, Winter December 21st March 20th, Spring March 21st - June 20th. Please see Agent Remarks.

General Information

Annual Property Tax:
$2.032.00
HOA Dues:
$359
County:
Cape May
Subdivision:
Ocean City/Central
View:
Peaks of the ocean!

Building Details

Year Built:
1991
Heating/Ventilation:
Electric, Forced Air
Air Conditioning:
Central
Sewer:
Public
Water:
Public
Pool:
Heated roof-top pool!

Amenities

  • Ceiling Fan(s)
  • Central A/C
  • Granite Counter Tops
  • Microwave
  • Offstreet Parking
  • Range / Oven
  • Refrigerator
  • Remodeled Kitchen
  • Smoke Detectors
  • Window Treatments
Bob Gullo BrokerManager

Fox Real Estate

900 Ocean Avenue
Ocean City, NJ 08226

(609) 399-5377

Broker/Manager e-pro, ABR, SRS

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