$315,000
$319,900
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
SOLD DATE : 11/22/2024
Key Details
Sold Price $315,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 588465
Sold Date 11/22/24
Style Converted Motel
Bedrooms 1
Full Baths 1
Year Built 1972
Annual Tax Amount $1,404
Tax Year 2023
Property Description
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.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Location Details Beach Block,Boardwalk Area,Water View
Rooms
Other Rooms Dining Area
Interior
Heating Electric
Exterior
Exterior Feature Concrete
Parking Features None
Building
Story Three to Five
Unit Location Water View
Sewer Public Sewer
Water Public Water
Others
Senior Community No
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