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John Sweeney

John Sweeney 570-620-7677 609-399-0076x108

3160 Asbury Avenue, Ocean City

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For Sale 870 7th, 207, Ocean City, NJ, 08226

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870 7th, 207, Ocean City, NJ, 08226 Main Picture 870 7th, 207, Ocean City, NJ, 08226 Aditional Picture870 7th, 207, Ocean City, NJ, 08226 Aditional Picture870 7th, 207, Ocean City, NJ, 08226 Aditional Picture870 7th, 207, Ocean City, NJ, 08226 Aditional Picture870 7th, 207, Ocean City, NJ, 08226 Aditional Picture870 7th, 207, Ocean City, NJ, 08226 Aditional Picture870 7th, 207, Ocean City, NJ, 08226 Aditional Picture

870 7th, 207, Ocean City, NJ, 08226

$324,900

John Sweeney
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One of the best investment properties in town. Ocean 7 unit 207 is a fully furnished suite unit with living room, bath, bedroom, and kitchenette. Excellent rental history grossing $35,000 this season. This family friendly Condo-Tel is nonsmoking and pet free. Located at the foot of the boardwalk at 7th street features include off street parking , elevator, owner storage and heated pool. Excellent on-site management company which markets the building, handles rentals, linens and maid service. Condo fees cover management, flood insurance, cable TV, Wi-Fi, trash and all utilities. Make it your vacation getaway or join the management run rental program.

Listing courtesy of: Fox Real Estate - Beachwatch
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms 2
Full Bath 1
# of Stories Three to Five
Year Build
Lot Size
Tax 2004.00
SQFT
ExteriorBrick
HeatingForced Air
HotWaterGas
SewerPublic Sewer
Bedrooms 1
Half Bath 0
# of Stories Three to Five
Lot Dimensions
# Units
Tax Year 2024
Area Ocean City/Northend
ParkingGarageNone
CoolingWall Units
WaterPublic Water
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Nearby Listings

PRICE ALERT: $172,208 – And No, That’s Not a Typo! -We could’ve gone with a boring price like $172,000, but where’s the fun in that? Instead, we’re listing Unit 208 at $172,208—because a memorable condo deserves a memorable price! This cozy efficiency unit is located just moments from the Ocean City boardwalk and beach, offering the perfect mix of convenience and potential. Whether you’re looking for a weekend retreat, a smart rental investment, or your own personal beach getaway, this unit is a rare find at an unbeatable price. Your Beach Escape Awaits: Prime 2nd-floor location – Easy access with no long elevator waits! Half a block from the beach & boardwalk – The shore life is at your doorstep! Endless potential – Update the kitchenette, add new flooring, and personalize the space! Perfect for rentals – High demand for vacation stays in Ocean City! Low-maintenance getaway – Lock-and-leave convenience with all the essentials! A Little Work, A Lot of Value! This unit needs some updates, but that just means you get to add your own style while building equity. Whether you’re planning to rent it out for extra income or use it as your private beach retreat, this is a smart investment in a prime location. Don’t Miss Out—Schedule a Showing Today! Why settle for an ordinary price when you can have a fun one? Come check out Unit 208 and see why this could be your perfect Ocean City escape!

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Your Beach Getaway Awaits—Prime Location & Proven Income! Welcome to 807 E 8th Street #409, your perfect slice of paradise in the heart of Ocean City! This charming, turnkey efficiency places you just steps away from Ocean City\'s pristine beaches and iconic boardwalk. Enjoy the ultimate convenience of being less than a block from sun-soaked shores and the vibrant shops, restaurants, and entertainment along bustling Asbury Avenue. Strong Rental History & Impressive Returns: This unit offers excellent income potential, having generated over $18,000 gross in 2024, with realistic projections to surpass $20,000 annually. Current bookings for 2025 already total approximately $5,800 as of March 31—typically just 25% of yearly reservations. Historically, the property experiences strong rental demand between April and June, accounting for approximately 41% of annual income, consistent occupancy during peak summer months (July–August, approximately 25%), and continued bookings through the quieter September–December season (approximately 9%). Annual operating expenses—including HOA fees, linens and rental service, cleaning, insurance, licensing, WiFi, Airbnb, and utilities—are approximately $9,500–$9,900. Enjoy the convenience of running a highly rated (4.9/5 star) Airbnb remotely by taking advantage of the hotel’s own laundry/linens, toiletry, and front desk services (just $1,100/year, charged per rental with no obligation to use) and an on-site, highly reputable cleaning service for seamless turnover between guests (also no obligation to use). Alternatively, owners choosing private enjoyment without rentals can anticipate very manageable carrying costs of around $5,000 per year. Don’t miss this opportunity to own a property that effortlessly blends leisure, lifestyle, and lucrative investment potential. Schedule your private showing today!

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