500 Bay Ave
Ocean City, NJ, 08226 $ 574,900
Bedrooms1 Baths1.0 Sq 989 Monthly Estimate*
$ 3,630
for $574,900 with 1 bedroom and 1 full bath. This 989 square foot condo was built in 1977.
*OPEN HOUSE SAT 10AM - NOON * REDUCED $25,000 * RARE DIRECT OPEN BAY CONDO WITH PRIVATE WATERFRONT PATIO * SPECTACULAR SUNSET VIEWS * 500 BAY AVE, OCEAN CITY, NJ * Welcome to 500 Bay Ave, 403 South, a wonderful bayfront condominium community in Ocean City, NJ. Offering approximately 1,000 square feet, this spacious 1-bedroom, 1-bath residence is one of only six condos in the South Building with a direct private waterfront patio overlooking the open bay. Wake up to breathtaking panoramic water views and spend every evening watching spectacular sunsets paint the sky over the bay. Enjoy front-row seats to the illuminated 9th Street Bridge, passing boats, seasonal fireworks, and Ocean City's famous Night in Venice celebration...all from the privacy of your own waterfront patio. This is the coastal lifestyle buyers dream about! Filled with natural light, the open-concept floor plan showcases unobstructed bay views from nearly every room and offers endless possibilities to personalize, renovate, or create your own luxury waterfront retreat. Recent improvements include newer windows, exterior doors, updated mechanical systems, appliances, elevator access, and a reserved covered parking space (#99), providing comfort, convenience, and exceptional value. Buy with confidence knowing the association has completed significant capital improvements, including North & South Building new roofs, bulkhead reinforcement, parking garage upgrades, building facade improvements, and balcony inspections. Located in one of the Jersey Shore's premier bayfront communities, residents enjoy easy access to Ocean City's award-winning beaches, the world-famous Boardwalk, downtown shopping and dining, boating, fishing, marinas, waterfront restaurants, biking, parks, and year-round family attractions. Whether you're looking for a primary residence, vacation home, second home, retirement retreat, or investment property, this lock & leave condo is ready for immediate occupancy! Your key to the sea is 403! Call today to schedule your private showing.
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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 Active Active
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
- $3,630
- 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 $1,364,139
Percent of Sale Price 137%
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 |
|---|
| 8/2/2026 | $574,900 | -4.18% | Price Down |
| 7/2/2026 | $599,999 | | Listed Price |