$248,000
$275,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
870 E 7th #224 Ocean City, NJ 08226
1 Bath
Key Details
Sold Price $248,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 584339
Style Converted Motel
Full Baths 1
Year Built 1972
Annual Tax Amount $1,283
Tax Year 2024
Property Description
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.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Interior
Heating Forced Air
Exterior
Exterior Feature Brick, Stucco
Parking Features None
Building
Story Three to Five
Sewer Public Sewer
Water Public Water
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