812-20 Ocean Ave. 120, Ocean City, NJ 08226

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$335,000

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BEST BUY in the building with 30k gross rental history!! This very spacious full 1BR 1BA CORNER unit offers a KITCHENETTE, & 50 extra square feet of living space, an additional queen sleeper sofa for extra guests, sleep 4 adults plus children! Additional windows provide abundant natural light'all at a better value than standard units! Just 1.5 blocks from the beach & boardwalk, this fully managed, hands-free investment is perfect for effortless rental income & family vacations. The front desk handles rental calls, leases, payments, cleaning, and maintenance, ensuring seamless income generation. Amenities include a rooftop POOL & sundeck with beach & bay VIEWS, your own private BALCONY, covered PARKING, on-site LAUNDRY, ELEVATOR, vending, and ice machines'all conveniently steps from your unit. Condo fees cover: water, sewer, insurance, cable, WiFi, local phone, and common area maintenance. Owners enjoy the convenience of a completely exclusive on-site rental program for consistency and ease, with 30-day owner-usage allowed per seasonal quarter, and no confusion of outside rentals. All future booked leases & income transfer at closing to new owner! SEE ASSOC DOCS for dates rented.

Location
Subdivision	-
County	Cape May
Elementary School	-
Middle School	-
High School	-

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MLS number: 593829

Listing agent: Caroline Watts

Listing broker: Berkshire Hathaway Homeservices Fox & Roach, Realtors

Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 1 2025 at 10:20 p.m. EDT

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