$199,900
Mobile:
908-309-6538Office
609-399-0076x117Condo
1
1
Unit #47 @ The \"Sifting Sands\" Condo/Motel. This is a 2nd floor corner unit, it sleeps 6 people, and is one of the largest and highest grossing floorplans in the building. (2023 = $23,285.64). Sifting Sands has been one of Ocean City\'s last-operating \"Iconic\" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was remodeled & converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15 - Oct) guarantees \"hands off & hassle free\" income. Building open year \'round. Block off some personal usage between rentals in the summer (14 days max) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner at your pleasure off-season. 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, bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Take a real good look.....where else in OC can you get an apartment that sleeps 6 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details & questions regarding personal usage & the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests. Note: Financing is available thru portfolio \"condo-tel\" lenders with 25-30% down.
Total Rooms | 3 |
Full Bath | 1 |
# of Stories | Two |
Year Build | |
Lot Size | |
Tax | 901.00 |
SQFT |
Exterior | Concrete, Masonry/Block, Steel |
Heating | Baseboard, Electric |
HotWater | Gas |
Sewer | Public Sewer |
Bedrooms | 1 |
Half Bath | 0 |
# of Stories | Two |
Lot Dimensions | |
# Units | |
Tax Year | 2023 |
Area | Ocean City/Central |
ParkingGarage | One Car |
Cooling | Electric, Wall Units |
Water | Public Water |