807 E 8th Street , Ocean City NJ

$309,000 | $1,424 / Month*

Courtesy of eXp Realty - Montclair
MLS #562203



Bedrooms: 1
Baths: 1
Appliances/Equipment: Electric Stove, Microwave, Refrigerator
Property Location: Beach Block, Boardwalk Area, Second Floor
Location: Beach Block, Boardwalk Area
Condo Name: Homestead
Condo - Pets: No pets allowed
Exterior Features
Construction: Brick
Heating: Baseboard
Sewer Type: Public Sewer

Awesome opportunity in Ocean City, NJ -- the greatest family vacation spot on earth! This condo is located in the center of the action, steps from the boardwalk and ocean. Can be used as a rental investment or as your own residence by the beach! This unit is on the 2nd Floor at The Hanscom (formerly the Homestead Beach Hotel), an Ocean City historical building. Beautiful updated lobby where guests can check in. Washer/dryer, vending machines, ice machine on first floor. This neighborhood/location is PERFECT with being near to the heart of the boardwalk's music pier. There is an ice cream shop (Sundae's) next door. Right across the street there are bike rentals, and about 3-4 blocks away is bustling downtown! The OCNJ waterpark is the next block over. You can easily walk or bike to the grocery store as well. It is no wonder the unit has seen the success that it has being listed as an AirBNB! This unit is twice the size of others in the building. Sellers have enjoyed a successful rental history since their purchase in 2019 fetching over $40K in the last year alone! Monthly Association Fees: $385.00 includes cable, hot/cold water, trash/sewer, building insurance/maintenance, building wifi. Heat/air conditioning and electricity paid by the unit owner. New owners must have a deposit of 3x the monthly association fees due at closing. Cash only - financing not available. Seller looking to close after Labor Day. Jump on this opportunity!

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