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$ 349,900
Est. payment | /mo
1 Bed
1 Bath
$ 349,900
Est. payment | /mo
1 Bed
1 Bath
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 591920
Bedrooms 1
Full Baths 1
Year Built 1991
Annual Tax Amount $1,964
Tax Year 2024
Property Description
Full 1BR suite, w/ separate bedroom w/ a king bed, living room w/ a queen sofa-bed and kitchenette, private outside balcony and centrally located in the heart of the beach and boardwalk area. Very desirable front facing unit. 2024 gross income over 31K! Onsite rental program offers nightly rentals with daily housekeeping and linen service. Biscayne Suites boasts a roof top pool and a third floor garden deck and a great rental stream for the astute investor. Being offered fully furnished, with parking. Condo fees include wireless internet, expanded cable TV and basic phone service, water, sewer, flood insurance & fire insurance and common area maintenance. Owners are required to participate in the onsite 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. Please see Agent Remarks.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Boardwalk Area
Rooms
Other Rooms Breakfast Nook
Interior
Heating Electric, Forced Air
Exterior
Exterior Feature Vinyl
Parking Features None
Building
Story Three to Five
Unit Location Water View
Sewer Public Sewer
Water Public Water
Others
Senior Community No
Listed by Fox Real Estate-Ocean