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840 Ocean Avenue #42, Ocean City, NJ - Under Contract
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For Sale: $139,900
Beds: 0     Baths: 1     Half Baths: 0
Type: Condo
    DOM: 0 Days     MLS: 596789
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PROPERTY DESCRIPTION
Welcome to Sifting Sands, one of Ocean City’s last remaining iconic center-city motels, operating every summer since 1964. This updated and fully furnished condotel unit is ideally located at 9th & Ocean Avenue—just steps from the boardwalk, beaches, shopping, and dining. The unit comfortably sleeps four and features a galley kitchen and one deeded parking space. Sifting Sands is now a pet-friendly establishment, making it even more attractive for owners and renters alike. The condo fee covers a wide range of amenities, including water, sewer, flood and hazard insurance, hot water, cable, Wi-Fi, trash service, common area maintenance, professional management, and access to the onsite pool. Owners may reserve up to 14 personal-use days during the summer rental season, and enjoy unrestricted use from November 1 to April 15. The unit generated $13,392 in gross rental income for the 2024 season, plus an additional $2,500 from winter rentals. Showings must be scheduled between guest stays, as the motel is in full operation. Don’t miss this opportunity to own a piece of Ocean City history with excellent rental potential and a prime location!
AMENITIES
  • Electric Stove 
  • Microwave 
  • Refrigerator 
  • Heating:Electric 
  • Heating:Space/Wall/Floor 
  • Cooling:Ceiling Fan(s) 
  • Cooling:Wall Units 

Request Property Information - 840 Ocean Avenue #42, Ocean City NJ

0 Bedroom(s)   |   1 Bathroom(s)   |    For Sale: $139,900   |   MLS Number: 596789  |
  Property Type: Condo
Provided by: Monihan Realty - www.monihan.com

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Grace Realty - Ocean City New Jersey
3201 Central Avenue, Ocean City New Jersey Footer Line 717 Battersea Road, Ocean City New Jersey
Call 3201 Central Avenue Office Call 717 Battersea Road Office
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