840 Ocean Ave #38, Ocean City, NJ 08226
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
840 Ocean Ave #38,Ocean City, NJ 08226
$149,900
- 1 Beds
- 1 Baths
- - sq. ft.
- Condominium
- Active
Listed by:jesse briglia
Office:fox real estate-ocean
MLS#:595729
Source:NJ_SJSRMLS
Price summary
- Price:$149,900
About this home
Unit #38 @ The "Sifting Sands" Condo/Motel. 100% renovated 2024, all new interior. New "All-in-One" Kitchen, micro, frig/freezer, paint, window blinds, wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Flooring and Furniture. Sale inc. all-pots, pans, kitchen supplies. Maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in '04. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April15-Oct 30) guarantees "hands off & hassle free" income. 2nd floor location. Building open year 'round. Block off some personal usage between rentals in the summer for your own usage (14 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w/minimal annual fee), bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($600/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Call Listing Agent for details & questions on personal usage & the Rental Program. The Motel is in full operation - All showings will be in-between Guests. 2023 Gross Income was $12,143. 2024 Gross Income was $16,639.35 (both years show summer income only, excludes winter rentals).
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Home facts
- Listing Id #:595729
- Added:105 day(s) ago
- Updated:August 05, 2025 at 03:28 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
Heating and cooling
- Cooling:Wall Units
- Heating:Space/Wall/Floor
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$149,900
- Tax amount:$854 (2024)
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