For sale
  • Price cut: $4.5K (7/15)
    $145,500

    840 Ocean Ave UNIT C42, Ocean City, NJ 08226

    0beds
    --sqft
    : 
    Condominium
    Built in ----
    -- sqft lot
    $140,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Galley kitchenOnsite poolSteps from the boardwalk
    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!
    73 days
    on Zillow
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    1,498
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    42
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