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Key Details
Sold Price $120,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 551494
Sold Date 02/11/22
Style Converted Motel
Full Baths 1
Year Built 1928
Annual Tax Amount $478
Tax Year 2020
Property Description
Newly renovated beach block condo located just a stone’s throw from the famous Ocean City boardwalk on the beach block of 8th Street a true must see. Renovations include all new kitchen area, flooring, paint,ceiling finish and decorated to the nines! This unit offers direct views of the ocean. The Homestead has undergone extensive renovations including the exterior and lobby. Amenities include onsite laundry, outside shower and terrific beach block location. Condo fees include hot/cold water, sewer, flood insurance, hazard insurance, Cable TV and common area Maintenance. Owners only pay electric. Although parking is not included, spaces are available for rent at adjacent lot. This makes a great rental and most owners rent exclusively through AirBnB. Incredible rental earnings exceeding $300/night in season. 2019 rentals were $14,500. Schedule a Showing !
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Beach Block
Interior
Heating Baseboard, Electric
Exterior
Exterior Feature Brick
Parking Features None
Building
Story Six to Ten
Unit Location See Remarks
Sewer Public Sewer
Water Public Water
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