719 E 10th St Street Ocean City, NJ $ 969,900
719 E 10th St Street
$ 969,900
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719 E 10th St Street

Ocean City, NJ, 08226
$ 969,900
Bedrooms3 Baths3.0

Monthly Estimate*

$ 6,775

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Condo for sale in Ocean City, NJ

for $969,900 with 3 bedrooms and 3 full baths.

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.

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Condo Active

Price

$ 969,900

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 7,572

Style

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

584297

Features
Exterior
Exterior Stucco
Lot 25
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General
Water Public Water
Sewer Public Sewer
Heating Electric Forced Air Heat Pump Multi-Zoned
Appliances Dishwasher Disposal Electric Stove Intercom Refrigerator
Status Active Active
Full Baths 3
Half Baths 0
Other Rooms Eat In Kitchen
Water Heater Electric
Stories Three to Five
Class CONDOMINIUM
Type Condo
Rooms 3
Condo Name NONE
Unit Number 301 302 303
Tax Year 2023
Pets Allowed Y/N Yes w/restrictions
Garage Attached Garage
Waterfront No
Common Area Features Deck/Porch Elevator Enclsd/Covered Porch Laundromat On Site Pool
Association Fee Includes Amenities Insurance Maintenance Management Other Utilities Pool See Remarks Trash
Area Ocean City/Central
Location Beach Block Boardwalk Area Corner Water View
Taxes 7572
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Interior
Beds 3
Unit Features Elevator Foyer Handicap Features Hardwood Floors Master Bath
Unit Levels One
Air Conditioning Ceiling Fan(s) Central Electric Multi-Zoned
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* Excluded Features
List By
Compass Real Estate-Sea Isle

Broker

Affordability Calculator

$7,406
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,775
Monthly Property Taxes
$631
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$969,900 Listed Price

Map


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719 E 10th St Street, Ocean City, NJ, 08226 is a Condo for sale at $969,900. 719 E 10th St Street has 3 bedrooms and 3.0 baths. The property's zip code is 08226 which is in Ocean City, NJ