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$899,900
Est. payment /mo
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 601138
Bedrooms 2
Full Baths 2
Annual Tax Amount $2,082
Tax Year 2924
Property Sub-Type Condo
Property Description
The "Presidential Suite" at Biscayne Suites is the crown jewel of this 64-unit condo/hotel complex. It's the only 2-bedroom, 2-bathroom unit, capable of accommodating up to 8 people with the help of 2 roll-away beds. This unit is the top performer in the building, generating over $70,000 on average annually and being the most sought-after by guests. The fully remodeled interior boasts a full kitchen with full-sized appliances, as well as being the only unit with its own washer and dryer (others use coin-operated facilities). Features include extensive woodworking, recessed lighting with crown moldings, textured acrylic walls, ceiling fans, and a padded dining booth. Offered fully furnished. It's outfitted with 3 TVs, a stereo/DVD player, an electric fireplace, a king bed, a queen bed, and a queen sleeper sofa. Biscayne Suites offers Ocean City's only rooftop pool with a stunning sun deck and breathtaking ocean and bay views. The on-site front desk and year-round staff and housekeeping ensure seamless operations, making this one of Ocean City's premier condo/hotels. Loyal guests return year after year. This unique property is ideal for investor-owners looking to benefit from high demand and desirability. The front desk's summer rental program provides consistent, hassle-free income, with some personal owner use allowed in-season and unrestricted off-season. The Condominium Association is stable, well-managed, well-funded, and financially secure—details are available from the listing agent.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Boardwalk Area
Rooms
Other Rooms Dining Area, Laundry/Utility Room
Interior
Heating Electric, Forced Air
Exterior
Exterior Feature Masonry/Block, Steel, Stucco
Parking Features None
Building
Story Three to Five
Sewer Public Sewer
Water Public Water
Others
Senior Community No
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Listed by Fox Real Estate-Ocean
