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840 Ocean Ave #42 Ave 42, Ocean City, NJ 08226

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Listing Type
Condo/Townhome
Listing Status
under contract
10
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$139,900

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Home Details for 840 Ocean Ave #42 Ave 42
Price
$139,900
Type
Condo/Townhome
Full Bathrooms
1
Sq. Ft.
412
County
Cape May
Total Rooms
2
Garage
1
Tax
$696
MLS®️ Listing#
596789
On exitrealty.com
177 days
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!
Property Features
Listing Courtesy: Compass New Jersey-Ocean City (O463E) - 609-322-7390
mls_icon The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the South Jersey Shore Regional MLS. 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 South Jersey Shore Regional MLS. All Rights Reserved.
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EXIT HOMESTEAD REALTY PROFESSIONALS
1070 E. Chestnut Ave, Vineland, NJ 08360
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$139,900

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EXIT HOMESTEAD REALTY PROFESSIONALS
1070 E. Chestnut Ave, Vineland, NJ 08360
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