For Sale 807 8th St, 508, Ocean City, NJ, 08226

Tastefully updated beach block efficiency condo located steps away from Ocean City beaches and boardwalk. Unit 308 is being offered fully furnished and equipped for your use. This property has great rental history.

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!

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!