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Key Details
Sold Price $329,900
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 598308
Sold Date 09/30/25
Style Converted Motel
Full Baths 1
Annual Tax Amount $1,845
Tax Year 2024
Property Sub-Type Condo
Property Description
Fourth floor ocean facing unit at Ocean 7. Ocean 7 unit 420 is a fully furnished studio unit with bedroom, bath, and kitchenette. Excellent rental history grossing $35,000 last season. Currently $31,000 gross rent booked for rest of season. Located at the foot of the boardwalk at 7th street, features include off street parking, elevator, owner storage and heated pool. This family friendly Condo-Tel is nonsmoking and pet free. Excellent on-site management company which markets the building, handles rentals, linens and maid service. Condo fees cover management, flood insurance, cable TV, Wi-Fi, trash and all utilities. Make it your vacation getaway or join the management run rental program.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Location Details Boardwalk Front
Interior
Heating Electric
Exterior
Exterior Feature Brick
Parking Features None
Building
Story Three to Five
Unit Location End Unit,Pool View,Top Floor,Water View
Sewer Public Sewer
Water Public Water
Others
Senior Community No
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