REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Rachel Bachman - Team Lead - New Era Collective

rachel@neweranj.com +1(609) 822-3300

$ 1,199,000

Est. payment | -/mo

3 Beds

2 Baths

1,165 SqFt

Save

$ 1,199,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,165 SqFt

Open House

Sun Apr 26, 11:30am - 2:00pm

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,165 sqft

Price per Sqft $1,029

MLS Listing ID 606131

Bedrooms 3

Full Baths 2

HOA Fees $450/mo

Annual Tax Amount $4,000

Tax Year 2025

Lot Size 1,165 Sqft

Property Sub-Type Condo

Property Description

INVESTOR SPECIAL - OPEN HOUSE This Sunday APRIL 25th 2026 11:00 TO 2PM -Last chance to get inside to see Oceans Cities BEST BUY!- Renters are coming-so limited showings------------WELCOME to 1122 Ocean Ave —an exceptional first-floor 3-bedroom, 2-bathroom condo delivering strong, consistent cash flow in one of Ocean City's most desirable beach block locations, just steps from the boardwalk and beach. Sold Fully furnished and turnkey, these properties ready for enjoyment as a vacation home or as an income producing rental. The interior features high ceilings and an open, airy layout filled with natural light, creating a bright and welcoming space for owners and guests alike. The first-floor location adds everyday convenience and accessibility. Recent improvements include new 2026) a new roof (2023). Renovated bathrooms and fresh paint throughout offering a clean modern coastal feel with low maintenance for years to come. Additional highlights include an outdoor shower, on-site storage unit, pet friendly policies, and the unbeatable convenience of being steps to. the beach. - all features renters and owners value highly. This property is already set up for immediate income, Just step in and start receiving and generating income from day one! The numbers speak for themselves with $103,000 in rental income for 2025 and $85,000+ already secured for 2026 with additional upside income to follow. The is almost double the income of similar priced condo's .With repeat renters, established bookings and a proven year round track record , this is a Plug and play investment Condition, Location, price and Income - this condo checks every box. Don't miss the opportunity to own a prime turnkey property in one of Ocean City's most sought out locations. Double the income of similar priced rental properties!

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Location Details Beach Block,Boardwalk Front,Boardwalk Area

Rooms

Other Rooms Dining Area, Great Room

Interior

Heating Electric, Forced Air, Heat Pump

Exterior

Exterior Feature Stone, Vinyl

Parking Features None

Building

Story Three to Five

Unit Location End Unit,First Floor

Sewer Private

Water Private

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)

Listed by BERGER REALTY-Main

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(609) 822-3300

rachel@neweranj.com

Learn More About LPT Realty

1122 Ocean 1st Floor #1 Ocean City, NJ 08226