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Condo For Sale
719 E 10th St Street
Ocean City, New Jersey 08226
Cape May County Water View: YesCommunity:
$969,900
3 br, 3.0 bath
0 sq. ft.
0.000 acres
Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully-furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.
Interior:
- Bedrooms: 3
- Baths: 3.0
- Sq Ft: 0
- Year Built: 0
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC: Forced Air,Heat Pump,Zoned
- Garage:
Exterior:
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types: Water
- Yard:
- Siding: Stucco
- Roof: Unknown
- Property Taxes: $7,572
- Swimming Pool: Yes
- MLS #: 584297
- Unit Number: 301, 302, 303
Ad Number: 4847332
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Updated: Apr 18, 2024
This property is a Condo located at 719 E 10th St Street, Ocean City, New Jersey 08226, and is currently For Sale at $969,900. This Condo has 3 bedrooms, 3.0 baths, 0 sq ft.
Listing Agent: Joanne Kent, Compass Real Estate-Sea Isle, 484-686-3849, 609-263-8300
Listing Site, Listing Status: Active
Copyright © 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.