500 Bay Ave
Ocean City, NJ, 08226 $ 549,000
Bedrooms1 Baths1.0 Sq 989 Monthly Estimate*
$ 3,466
for $549,000 with 1 bedroom and 1 full bath. This 989 square foot condo was built in 1977.
* $25,000 PRICE IMPROVEMENT * PRIVATE WATERFRONT PATIO * SPECTACULAR SUNSET VIEWS * Welcome to 500 Bay Ave, 403 South, Ocean City, NJ. Amazing opportunity to own a waterfront condo, one of only six South Building condos with this coveted direct bayfront patio setting! Approximately 1,000 SF, 1-bedroom, 1-bath residence offers unobstructed panoramic bay views, spectacular sunsets, boats and sailboat activity, illuminated 9th Street Bridge, and a front row seat to Ocean Cityâs famous Night in Venice parade & firework festivities! The bright, open-concept interior features water views from nearly every room and offers an excellent opportunity to personalize into your dream vacation home, second home, retirement retreat, or investment property. Recent improvements include newer windows and exterior doors, updated mechanical systems and appliances, elevator access, reserved covered parking space #99. Major association capital improvements include new North & South Building roofs, bulkhead reinforcement, parking garage upgrades, building facade improvements, and balcony inspections. HOA includes water, sewer, flood insurance, basic cable, on-site property management and maintenance, and AC maintenance. Ideally located near Ocean Cityâs award-winning beaches, iconic Boardwalk, downtown shopping and dining, boating, fishing, marinas, waterfront restaurants, biking, parks, and year-round attractions. Your key to the sea is 403! Schedule your private showing today.
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FeaturesGeneralWater Public Water
Sewer Public Sewer
Heating Baseboard Electric
Appliances Dishwasher Dryer Electric Stove Microwave Refrigerator Self Cleaning Oven Washer
Status Under Contract Under Contract
Full Baths 1
Half Baths 0
Year Built 1977
Other Rooms Dining Room Laundry/Utility Room Primary BR on 1st floor Recreation/Family
Water Heater Electric
Stories Count Six to Ten
Class CONDOMINIUM
Type Condo
Rooms 5
Condo Name 500 Bay
Unit Number 403 South
Tax Year 2025
Pets Allowed Y/N No pets allowed
Garage One Car
Monthly HOA Fees 516
Status Detail 0
Waterfront Yes
Docs on File Lead Base Paint Sellers Prop. Condition
Common Area Features Clubhouse/Clubroom Deck/Porch Elevator Outside Shower Patio Pool Storage Facility
Association Fee Includes Cable Insurance Maintenance Management Pool Sewer Trash Water
Area Ocean City/Bay Area
Location Bay Front
Taxes 2328
Adult Community/55+: Y/N 0
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InteriorBeds 1
Unit Features Master Bath Walk in/Cedar Closet
Unit Levels One
Air Conditioning Central
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* Excluded FeaturesList ByBhhs Fox And Roach-Simpson OcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,466
- Monthly Property Taxes
- $194
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCondo listings in Ocean City, NJ
Average List Price $1,364,463
Percent of Sale Price 149%
About Ocean City, NJ 11,772 Population
-23% Since 2002
$ 66,936 Median Income
55.21 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $549,000 | -4.51% | Price Down |
| 8/2/2026 | $574,900 | -4.18% | Price Down |
| 7/2/2026 | $599,999 | | Listed Price |