840 Ocean Avenue, Unit 14

840 Ocean Avenue, Unit 14

Ocean City, NJ 08226

$179,900
Price
1
Beds
1
Bath
222 Sq. Ft.
$810 / Sq. Ft.
222
Sq. Ft.
$810
per Sq. Ft.
a front view of a building with retail shops
a front view of a building with glass windows and garage
a view of a swimming pool with outdoor seating
a bed sitting in a bedroom next to a lamp
a bedroom with a bed and wooden floor
a bedroom with a bed and wooden floor
a bedroom with a bed and a flat screen tv
a bedroom with a bed lamp and a window
a bedroom with a bed and a lamp
a bedroom with a bed and a wooden floor
a living room with furniture and a window
a bedroom with a bed and a lamp
a living room with furniture and a flat screen tv
a bedroom with a bed and a couch next to a window
a living room with furniture
a bedroom with a bed and chair
a view of kitchen and sink
a kitchen with granite countertop white cabinets and a sink
a kitchen with granite countertop white cabinets and white appliances
a kitchen with granite countertop white cabinets and stainless steel appliances
a bathroom with a sink toilet and a mirror
a bathroom with a sink and a toilet
a close view of closet
a bathroom with a sink toilet and window
a close view of sliding door in the kitchen
a bathroom with a shower
a bathroom with a shower
a view of a bathroom
a view of front door

Description

Unit #14 @ The "Sifting Sands" Condo/Motel. 100% gutted, remodeled, improved & refurnished, all new interior.. New "All-in-One" Kitchen, micro, frig/freezer, paint, window blinds, 40" wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Toilet. Sale inc. all-new pots, pans, kitchen supplies. Tiled thruout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and...Unit #14 @ The "Sifting Sands" Condo/Motel. 100% gutted, remodeled, improved & refurnished, all new interior.. New "All-in-One" Kitchen, micro, frig/freezer, paint, window blinds, 40" wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Toilet. Sale inc. all-new pots, pans, kitchen supplies. Tiled thruout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in '04. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15-Oct 30) guarantees "hands off & hassle free" income. Convenient 1st floor location. Building open year 'round. Block off some personal usage between rentals in the summer for your own usage (14 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w/minimal annual fee), bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-). Very few properties in ocean city can compete with this. Call Listing Agent for details & questions on personal usage & the Rental Program. The Motel is in full operation - All showings will be in-between Guests. Note: Portfolio "Condo-Tel" financing currently available with 25-30% down. 2023 Income was $23,623.81 ($19,423.81 summer, $4,200 winter). After all expenses, nets about $8-$9,000 without a mortgage. Typically a 5-6% return.
  1. Listed by JESSE BRIGLIA • Fox Real Estate-Ocean

Property Details for 840 Ocean Avenue, Unit 14

City/Community
Ocean City
Class
CONDOMINIUM
Parking - Exterior
See Remarks
Waterfront (Y/N)
No
Zoned
HZ

Location

Listing Courtesy of Fox Real Estate-Ocean
Add your commute
LISTING UPDATED: 05/18/2024 10:04 AM

Property Details for 840 Ocean Avenue, Unit 14

StatusActive
MLS #585326
Days on Market15
Taxes$713 / year
HOA Fees$350
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built-
CountyCape May County

Location

Listing Courtesy of Fox Real Estate-Ocean
Add your commute

Building Information for 840 Ocean Avenue, Unit 14

Building/ComplexSifting SandsFloor-Stories2Residences-Pet Policy-Year Built-

Payment Calculator

$1,391 per month

30 year fixed, 7.25% Interest

Principal and Interest

$982

Property Taxes

$59

HOA Dues

$350

The Payment Calculator is for illustrative purposes only.

Property Information for 840 Ocean Avenue, Unit 14

Summary
Location and General Information
  • Address: 840 Ocean Ave
  • Address Number: 840
  • Address Search Number: 840
  • Address Street: Ocean
  • Area: Ocean City/Central
  • Condo Name: Sifting Sands
  • County: Cape May
  • Directions: Corner of 9th & Ocean Avenue. "The Sifting Sands Condo Motel"
  • Fips Code: 34009
  • Location: Corner, Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Style: Converted Motel
  • Unit #: 14
  • Unit Location: First Floor
  • Zip: 08226
Owner
  • Owner: Mercer Associates
Parking
  • Garage: One Car
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Cable, Pool
  • LVT Date: 05-18-2024
  • Management: Association, On-Site Professionals, See Remarks
  • Monthly Assoc Fees: $350
  • Tax Year: 2023
  • Taxes: 713
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 222
  • Block #: 804
  • Lot #: 17-C14
Property and Assessments
  • # of Levels in Unit: Two
  • # of Stories in Bldg: Two
  • Also Includes: Blinds, Furnished
  • Associated Document Count: 0
  • Common Area Features: Cable TV, Deck/Porch, Laundromat On Site, Outside Shower, Pool
  • New Construction: Yes
  • Total Assessment: 66600
  • Water: Public Water
  • Adult Community/55+: No
Utilities
  • Full Baths: 1
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Concrete, Masonry/Block, Steel
Interior Features
  • Air Conditioning: Electric, Wall Units
  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Half Baths: 0
  • Heating: Baseboard, Electric
  • Rooms: 2
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 840 Ocean Avenue, Unit 14

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 840 Ocean Avenue, Unit 14

Taxable ValueLand$42,200Additions$24,400Total$66,600
Tax Record2022$685 ($57 / month)
Home Facts
Beds0Total Finished SqFt222 SqFtAbove Grade Finished SqFt222 SqFtStories1Lot Size540 SqFtStyleCondominiumYear Built1961CountyCAPE MAYAPN08 00804-0000-00017-0000-C14

Schools near 840 Ocean Avenue, Unit 14

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Ocean City Primary School
Public - PK to 3
Ocean City Intermediate School
Public - 4 to 8
Ocean City High School
Public - 9 to 12
St. Augustine Regional School
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 840 Ocean Avenue, Unit 14, Ocean City, NJ 08226

840 Ocean Avenue, Unit 14 is a condo for sale in Ocean City, NJ 08226. This property was listed for sale on May 18, 2024 by Fox Real Estate-Ocean, it's currently listed at $179,900. It has been on the market for a total of 15 days and was last sold on August 23, 2004. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 840 Ocean Avenue, Unit 14 is a 1-bed, 1-bath, 222 sqft condo.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fox Real Estate-Ocean

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.