812-20 Ocean Ave #305, Ocean City, NJ 08226

Back to Website: 812-20OceanAve305.IsForSale.com

Status:Sold
MLS #:564210
Beds:1
Baths:1 Bath (1 F)
Type:Condominium
Size:519 ft²

Features

  • Fantastic Rental Income!
  • Roof-top pool!
  • Onsite Rental Program!

Remarks

Biscayne Suites full 1BR suite, w/ separate bedroom w/ a king bed, living room w/ a queen sofa-bed, kitchenette and private balcony. Onsite rental program offers nightly rentals with daily housekeeping and linen service. Biscayne Suites boasts a roof top pool with ocean and bay views and a third floor garden deck and a great rental stream for the astute investor, 2021 gross income $25,409.00K! Offered fully furnished, with parking ready for the summer. Condo fees include wireless internet, expanded cable TV, basic phone service, water, sewer, flood insurance, building insurance and common area maintenance. Owners are required to participate in the on site rental program. No outside rentals permitted. Biscayne Suites adheres to the City ordinance limiting owner usage to 30 nights per seasonal quarter. See seasonal quarters breakdown below: Summer - June 21st to September 20th, Fall - September 21st - December 20th, Winter - December 21st - March 20th, Spring - March 21st - June 20th.

General Information

Annual Property Tax:
$1,708.00
HOA Dues:
$348.00 month
County:
Cape May

Building Details

Heating/Ventilation:
Electric Forced Air
Air Conditioning:
Central Air
Sewer:
Public
Water:
Public
Pool:
Heated

Amenities

  • Central A/C
  • Deck
  • Elevator
  • Microwave
  • Offstreet Parking
  • Patio
  • Pool
  • Range / Oven
  • Refrigerator
  • Smoke Detectors
  • Window Treatments
Bob Gullo BrokerManager

Fox Real Estate

900 Ocean Avenue
Ocean City, NJ 08226

(609) 399-5377

Broker/Manager e-pro, ABR, SRS

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