840 Ocean Ave #47Ocean City, NJ 08226
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. 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.
- Property TypeCondo
- NeighborhoodN/A
- CountyCape May
- Taxes$901
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number585328
- Home Size Source N/A
- Year BuiltN/A
- Lot Size Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Style Converted Motel
- Construction Concrete
- Building Features Common Area Features: Cable T VDeck/ PorchLaundromat On SiteOutside ShowerPool
- Parking P A R K I N G - E X T E R I O R: See RemarksGarage: One Car
- Sewer Public Sewer
- Property Sub Type Condominium
Interior Features
- Heating BaseboardElectric
- Appliances Electric StoveMicrowaveRefrigerator
Exterior Features
- Waterfront Property No
- Lot CornerBoardwalk Area
Community Features
- Association Amenities AmenitiesInsuranceMaintenanceManagementSewerTrashWaterHot WaterCablePool
- Senior Community No
- MLS Area Ocean City/Central
- Building Features Common Area Features: Cable T VDeck/ PorchLaundromat On SiteOutside ShowerPool