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840 Ocean , #47

Ocean City, NJ 08226
  • $199,900
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 585328
UPDATED: 203 min ago
$199,900
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Condo
County:

School Ratings & Info

Description

Unit #47 @ The "Sifting Sands" Condo/Motel. This is a 2nd floor corner unit, it sleeps 6 people, and is one of the largest and highest grossing floorplans in the building. (2023 = $23,285.64). Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was remodeled & converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15 - Oct) guarantees "hands off & hassle free" income. Building open year 'round. Block off some personal usage between rentals in the summer (14 days max) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner at your pleasure off-season. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car, bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Take a real good look.....where else in OC can you get an apartment that sleeps 6 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details & questions regarding personal usage & the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests. Note: Financing is available thru portfolio "condo-tel" lenders with 25-30% down.

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© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dwyer Group | Goldcoast Sotheby's International Realty. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-07-13T23:49:53.193.
www.dwyergrouprealestate.com/homes/150679046
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840 Ocean , #47 Ocean City, NJ 08226

  • Price: $199,900
  • Status: Active
  • On Site: 56 Days
  • Updated: 203 min ago
  • MLS #: 585328
1
Beds
1
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Sifting Sands
County:
Cape May
Area:
Ocean City/Central
Property Description
Unit #47 @ The "Sifting Sands" Condo/Motel. This is a 2nd floor corner unit, it sleeps 6 people, and is one of the largest and highest grossing floorplans in the building. (2023 = $23,285.64). Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was remodeled & converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15 - Oct) guarantees "hands off & hassle free" income. Building open year 'round. Block off some personal usage between rentals in the summer (14 days max) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner at your pleasure off-season. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car, bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Take a real good look.....where else in OC can you get an apartment that sleeps 6 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details & questions regarding personal usage & the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests. Note: Financing is available thru portfolio "condo-tel" lenders with 25-30% down.
Exterior Features

Garage One Car Location CornerBoardwalk Area Parking See Remarks Siding Exterior ConcreteMasonry/BlockSteel Stories In Building Two Style Converted Motel Unit Location First Floor Waterfront YN No

Interior Features

Air Conditioning ElectricWall Units Also Includes BlindsFurnished Appliances Electric StoveMicrowaveRefrigerator Heating BaseboardElectric Levels In Unit Two Rooms 3 Water Heater Gas

Property Features

Adult Community /55+ No Approved Short Sale N/A Assoc Fee Includes AmenitiesInsuranceMaintenanceManagementSewerTrashWaterHot WaterCablePool Auction YN No Bank Owned Foreclosure No Common Area Features Cable TVDeck/PorchLaundromat On SiteOutside ShowerPool Condo Type Condo Lot Number 17-C47 Management AssociationOn-Site ProfessionalsSee Remarks May Be Subject To Third Party Approval Short Sale No New Construction Yes Pets Yes Sale Or Rent For Sale Sewer Public Sewer Tax Year 2023 Taxes 901 Water Public Water

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of Fox Real Estate-Ocean: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dwyer Group | Goldcoast Sotheby's International Realty. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-07-13T23:49:53.193.
 
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The Dwyer Group | Goldcoast Sotheby's International Realty
200 34th Street
Ocean City NJ, 08226