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

$1,149,900
3
BD
2
BA
1,165
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,149,900
Status
ACTIVE
Days on Market
121
Price Change
▼ $49,100 1783270292
MLS#
606131
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,165
Building Name
11th St
MLS Area Major
Ocean City/Central

Property Description

INVESTOR SPECIAL - BEST INVESTMENT ON ISLAND FOR INCOME PRODUCING PROPERTY BY 2X- $103,000 IN INCOME Showings-- Saturdays 11am to 1pm--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 $95,000+ 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!

Additional Information

Taxes
$4,000
HOA Includes
Insurance, Maintenance, Other Utilities, Cable
Pets
Yes
Building Name
11th St
Heating
Electric, Forced Air, Heat Pump
Air Conditioning
Central

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of BERGER REALTY-Main

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than Jack And Jill Team eXp Realty LLC are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

Information is deemed accurate but not guaranteed.

Copyright 2019 South Jersey Shore Regional Multiple Listing Service.

All rights reserved.