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$ 344,900
Est. payment | /mo
1 Bed
1 Bath
725 SqFt
$ 344,900
Est. payment | /mo
1 Bed
1 Bath
725 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 725 sqft
Price per Sqft $475
MLS Listing ID 611922
Bedrooms 1
Full Baths 1
HOA Fees $500/mo
Year Built 1989
Annual Tax Amount $3,199
Tax Year 2026
Lot Size 725 Sqft
Property Sub-Type Condo
Property Description
Prime Ocean City location just steps to the boardwalk and beach! This condo offers excellent rental history with strong demand due to its walk -able access to attractions, dining and shopping. A rare opportunity to own in one of Ocean City's most desirable locations. Watson's Regency boasts the only indoor pool in Ocean City. This 2rd floor condo is complete with an outside balcony, living room with a queen sofa bed, full kitchen, dining area seating six, large bath and a separate bedroom with a queen bed. Just steps from the beach and boardwalk. The front desk rents your suite on a nightly basis and offers daily housekeeping to your guests. Don't miss this one, make arrangements to see it now. Condo fees include cable TV, WiFi, basic phone service, water, sewer, flood insurance, hazard insurance & common area maintenance. Watson's boasts one of the island's best rental addresses, too...if high investment income is what you are after, look no farther. 2025 gross rental income exceeded 33K! Enjoy private covered parking. All owners must participate in the onsite Watson's Regency Rental program (no outside rentals permitted). Owner usage is limited to 30 nights per seasonal quarter. See breakdown below of seasonal quarters: Summer – June 21st to September 20th, Fall – September 21st – December 20th, Winter – December 21st – March 20th, Spring – March 21st - June 20th. Onsite Rental Management fee is 23% of the gross rental income plus $27.00 per occupied day for the maid service. Please see Agent Remarks. Seller Property Disclosure and monthly income statements in Associated Docs
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Location Details Boardwalk Area
Rooms
Other Rooms Dining Area, Great Room
Interior
Heating Electric, Forced Air
Exterior
Exterior Feature Concrete, Masonry/Block
Parking Features None
Building
Story Three to Five
Unit Location Second Floor
Sewer Public Sewer
Water Public Water
Others
Senior Community No
Listed by Fox Real Estate-Ocean
Nearby Locations
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William R. Bradshaw
Sales Agent- Realtor® Lic# 1221774