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$ 465,000
Est. payment | /mo
1 Bed
1.1 Baths
400 SqFt
$ 465,000
Est. payment | /mo
1 Bed
1.1 Baths
400 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 400 sqft
Price per Sqft $1,162
MLS Listing ID 252762
Bedrooms 1
Full Baths 1
Condo Fees $831/qua
Year Built 1953
Annual Tax Amount $3,511
Tax Year 2024
Property Sub-Type Condo
Property Description
Oceanfront living meets smart investing! Don't miss this 2nd-floor condo in desirable Wildwood Crest, offering ocean views, family-friendly amenities, and proven rental potential. This seasonal 1-bedroom, 1-bath unit (large enough to fit 2 FULL SIZE beds AND IS INCLUDED IN THE SALE) features a bright living room and kitchen combination with space for seating, family meals, and views of the ocean right from your window. The bedroom has new hardwood flooring, and the full bath includes a tub for added comfort. On-site perks include a pool, shared Oceanview deck (with only one other unit), grills, ping-pong table, and an assigned off-street parking spot. This condo isn't just a retreat but a proven income producer — generating just under $25,000 in rental income this past year! Seasonal rentals can cover mortgage and HOA costs, with potential for net income, and the HOA even offers rental management for convenience. Located just 10 minutes from Cape May and 5 minutes from Morey's Pier and the Wildwood Boardwalk, this Monterey Avenue gem is the perfect blend of vacation escape and investment opportunity!
Location
State NJ
County Wildwood Crest
Area Wildwood Crest
Location Details Beach Block,Beach Front,Water Front,Water View
Interior
Hot Water Gas
Building
Lot Description Beach Block, Beach Front, Water Front, Water View
Story One
Unit Location Other (See Remarks),Pool View,Water View
Sewer Public
Water Public
New Construction No
Listed by COLDWELL BANKER REALTY - Moorestown