500 Bay Ave Ocean City, NJ $ 974,999
500 Bay Ave
$ 974,999
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500 Bay Ave

Ocean City, NJ, 08226
$ 974,999
Bedrooms3 Baths2.0 Sq 1,611

Monthly Estimate*

$ 6,156

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Condo for sale in Ocean City, NJ

for $974,999 with 3 bedrooms and 2 full baths. This condo is 1,611 square feet.

***COMING TO MARKET*** 500 Bay Condo 707S, Ocean City, NJ * Corner Penthouse - 3 Bedrooms - 2 Bathrooms, 1,611 SF - Showings Begin Tuesday, July 28th - Welcome to 500 Bay, an extraordinary iconic seventh-floor corner penthouse condo in one of Ocean City's most sought-after bayfront communities. Beautifully renovated and completely move-in ready, this exceptional residence offers three spacious bedrooms, two luxurious spa-inspired bathrooms, and two assigned covered garage parking spaces (#64 & #70) making it the perfect primary residence, second home, vacation retreat, or investment opportunity at the Jersey Shore. Thoughtfully redesigned with timeless coastal elegance and exceptional craftsmanship, the open-concept floor plan is both sophisticated and inviting. The designer kitchen features white shaker cabinetry, a striking navy center island, granite countertops, classic & timeless white subway tile backsplash, stainless steel appliances, and generous workspace ideal for entertaining family and friends. As a coveted corner penthouse, this residence is bathed in natural light and showcases sweeping panoramic views of the bay, the Atlantic Ocean, the Atlantic City skyline, the iconic Ferris wheel, with a spectacular morning sunrise to start your day! Residents of 500 Bay enjoy an outstanding collection of resort-style amenities - Trash chute & extra storage space on each floor, S Bldg Fitness Room, heated bayfront swimming pool, scenic waterfront boardwalk with new outdoor furnishings, two barbecue grilling areas, outdoor gathering spaces, two clubhouses, the community's popular puzzle room, beautifully landscaped grounds, ground storage for bikes/beach chairs, spectacular sunsets, and front-row views of Ocean City's Night in Venice festivities. Providing exceptional value and peace of mind, the condominium association has recently completed significant capital improvements, including new roofs on both the North and South buildings, bulkhead reinforcement, and comprehensive inspections and upgrades to the parking garage, building facade, and balconies - demonstrating a strong commitment to long-term maintenance and protecting owners' investments. Ideally located just minutes from Ocean City's award-winning beaches, world-famous Boardwalk, downtown shopping and dining, boating, fishing, parks, and countless family-friendly attractions, this exceptional bayfront penthouse offers an unmatched combination of luxury, lifestyle, and location. Do not miss out on this rare opportunity to own this renovated bayfront penthouse with panoramic bay and ocean views in one of South Jersey's premier waterfront communities! Showings begin Tuesday, July 28th. Schedule your private tour today!

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Condo Active

Price

$ 974,999

Bedrooms

3

Full Bath

2

Property Type

Condo

Taxes

$ 5,800

Style

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

609989

Features
Exterior
Exterior Concrete Stucco
Lot 6
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General
Fireplaces 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 Active Coming Soon
Full Baths 2
Half Baths 0
Other Rooms Dining Room Laundry/Utility Room Pantry Recreation/Family Primary BR on 1st floor
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 5
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 Insurance Maintenance Management Sewer Trash Water Cable Pool
Area Ocean City/Bay Area
Location Bay Front
Taxes 5800
Adult Community/55+: Y/N 0
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Interior
Beds 3
Unit Features Fireplace(s) Kitchen Center Island Master Bath
Unit Levels One
Air Conditioning Ceiling Fan(s) Central
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* Excluded Features
List By
Bhhs Fox And Roach-Simpson Oc

Broker

Affordability Calculator

$6,640
Per Month
93%
7%
0%
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.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$974,999 Listed Price

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500 Bay Ave, Ocean City, NJ, 08226 is a Condo for sale at $974,999 with 1,611 sqft. 500 Bay Ave has 3 bedrooms and 2.0 baths. The property's zip code is 08226 which is in Ocean City, NJ