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$925,000
1 - 1312 Ocean Ave, Ocean City, NJ
Condo
For Sale
$--,---,---
210
- Key Facts
- Description
- Map
Key Facts
Type Condominium
Levels Residential
Size -
Garage Yes
Maintenance Fees
Taxes $3,840
Days Active 0
Approx. Age 2002
MLS® Number 596521
Property Address:
Average square foot calculated using Size range provided by listing agent.
Description
Introducing the "Pineapple Pad", a charming 2 bedroom, 1 bath condo ideally situated across the street from the iconic Ocean City Boardwalk and many of it's legendary shops such as Johnson's Popcorn, Bob's Grill and The Medevil Miniature Gold Course. This themed unit, adorned with delightful pineapple décor, offers a unique and inviting atmosphere for guests seeking a memorable beach getaway. The Pineapple Pad makes for a great investment, boasting a proven rental history, generating over $50, 000 annually for the last 3 years and on course to go over $70, 000 this year, making it a lucrative opportunity for investors. Guests are drawn to its prime location, just steps away from the boardwalk's vibrant attractions, sandy beaches, and oceanfront dining. The Pineapple Pad features over 1100 square feet of living space , a front deck/patio, perfect for enjoying ocean breezes and people-watching! Inside, the unit is thoughtfully designed with comfort and convenience in mind. The heart of the Pineapple Pad is the great room designed with coastal charm. A plush oversized sectional sofa with pineapple print pillows anchors the space that evokes a relaxing beachy vibe. The kitchen is fully equipped for preparing meals to celebrate any occasion. Additional amenities include a stacked washer/dryer, a new HVAC system, new Hot Water heater (both installed in 2024) and brand new luxury vinyl plank flooring, ensuring a hassle-free stay for guests. The property includes two assigned parking spaces, a valuable asset in the boardwalk area of America's Greatest Family Resort. With its tropical theme, excellent location, and strong rental income fully managed by an Ocean City based Property Management Company, the Pineapple Pad stands out as a premier investment property in Ocean City! Also, Please make note that the Pineapple Pad's sister property, the Coconut Cove, 1318 Ocean Ave., is also For Sale! Own both units together and double your rental income, enjoy built-in management systems, and give guests the option to book side-by-side stays, perfect for familiy or group stays.It's a rare chance to invest in a turn-key Ocean City duo that's already up and running! Come check it out!Show Description
MLS® Number596521
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2002
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatForced Air, Gas-Natural
A/C
Heating Fuel
Extras
Blinds, Curtains, Furnished
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