500 Bay Ave
Ocean City, NJ, 08226 $ 974,999
Bedrooms3 Baths2.0 Sq 1,611 Monthly Estimate*
$ 6,156
for $974,999 with 3 bedrooms and 2 full baths. This condo is 1,611 square feet.
*** Rare Corner Penthouse 3 Bed 2 Bath Opportunity *** 500 Bay Condo 707S, Ocean City, NJ***THE VIEWS WILL ABSOLUTELY AMAZE YOU*** This beautifully renovated, move-in-ready 7th-floor corner penthouse is one of Ocean City's premier bayfront communities! This exceptional 3-bedroom, 2-bath luxury condominium offers 1,611 square feet, two assigned covered garage parking spaces (#64 & #70), and long patio with breathtaking panoramic bay, ocean, Atlantic City skyline, Ferris wheel, and sunrise views from nearly every room. Designed with timeless coastal elegance, the open-concept floor plan is filled with natural light and features a stunning kitchen with white shaker cabinetry, a navy center island, granite countertops, white subway tile backsplash, stainless steel appliances, and generous space for entertaining. The spacious primary suite includes a beautifully renovated spa-inspired bath and private balcony, while two additional bedrooms make this the perfect primary residence, second home, luxury vacation home, or Jersey Shore investment property. Residents enjoy outstanding resort-style amenities including a heated bayfront pool, waterfront boardwalk with new outdoor furnishings and two BBQ's, fitness center, two clubhouse's as one hosts the community puzzle, bike and beach chair storage, trash chute and additional storage on every floor, beautifully landscaped grounds, spectacular sunsets, and front-row views of Ocean City's famous Night in Venice festivities. 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. Ideally located just minutes from Ocean City's award-winning beaches, the world-famous Boardwalk, downtown shopping and dining, marinas, boating, fishing, parks, and close proximity to premier golf courses including Great Bay, Linwood Country Club, Atlantic City Country Club, and Seaview Golf Club! This luxury bayfront penthouse offers an unmatched combination of location and lifestyle. Don't miss this renovated corner penthouse with panoramic water views and premium amenities, two parking spots, with luxury to lock and leave! Schedule your private showing today!
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FeaturesExteriorExterior Concrete Stucco
Lot 6
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GeneralFireplaces Family Room More Than 1
Water 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 2
Half Baths 0
Other Rooms Dining Room Laundry/Utility Room Pantry Primary BR on 1st floor Recreation/Family
Water Heater Electric
Stories Count Six to Ten
Class CONDOMINIUM
Type Condo
Rooms 8
Condo Name 500 Bay
Unit Number 707 South
Tax Year 2025
Pets Allowed Y/N No pets allowed
Garage Two Car
Monthly HOA Fees 867
Status Detail 0
Waterfront Yes
Docs on File Lead Base Paint Sellers Prop. Condition
Common Area Features Bulkheaded Cable TV Clubhouse/Clubroom Deck/Porch Elevator Outside Shower Patio Pool Security Storage Facility
Association Fee Includes Amenities Cable Insurance Maintenance Management Pool Sewer Trash Water
Area Ocean City/Bay Area
Location Bay Front
Taxes 5800
Adult Community/55+: Y/N 0
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InteriorBeds 3
Unit Features Fireplace(s) Kitchen Center Island Master Bath
Unit Levels One
Air Conditioning Ceiling Fan(s) Central
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* Excluded FeaturesList ByBhhs Fox And Roach-Simpson OcBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,156
- Monthly Property Taxes
- $483
- 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 $1,290,428
Percent of Sale Price 32%
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 |
|---|
| 7/20/2026 | $974,999 | | Listed Price |