500 Bay Ave
Ocean City, NJ, 08226 $ 599,999
Bedrooms1 Baths1.0 Sq 989 Monthly Estimate*
$ 3,788
for $599,999 with 1 bedroom and 1 full bath. This 989 square foot condo was built in 1977.
* RARE DIRECT OPEN BAY CONDO WITH PRIVATE WATERFRONT PATIO * SPECTACULAR SUNSET VIEWS * ONE BED - ONE BATH * OCEAN CITY, NJ * Welcome to 500 Bay Avenue, Unit 403 South, a truly exceptional waterfront residence in one of Ocean City's most desirable bayfront communities. This 1-Bed & 1-Bath offers an ICONIC opportunity with approximately 1,000 square feet of living space with unobstructed, multi-million-dollar open bay views that create an extraordinary coastal lifestyle. One of only six direct bayfront residences in the 60-unit South Building featuring a private waterfront patio, this coveted property delivers front-row views of breathtaking sunsets, the illuminated 9th Street Bridge, passing boats, seasonal fireworks, and Ocean City's iconic Night in Venice celebration. The bright, open-concept layout is filled with natural light and showcases stunning water views from nearly every room. Spacious living and dining areas, newer windows and exterior doors, updated mechanical systems, elevator access, and reserved COVERED parking space #99 add comfort, convenience, and long-term value. Perfectly positioned in the heart of Ocean City, this premier location places you just minutes from award-winning beaches, the Boardwalk, biking, marinas, boating, fishing, waterfront dining, shopping, entertainment, golf, and year-round attractions. Whether you're seeking a luxury second home, primary residence, retirement destination, or investment opportunity, direct open bay properties with private outdoor waterfront space remain among the most limited and sought-after offerings in Ocean City! The home is currently vacant and ready for the new owner to personalize, renovate, or design their ideal waterfront retreat while enjoying one of the most spectacular bayfront settings in Ocean City. 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 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
- $3,788
- 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 $1,446,461
Percent of Sale Price 141%
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 |
|---|
| 7/2/2026 | $599,999 | | Listed Price |