840 Ocean Ave #42, Ocean City, NJ | MLS # 596789 For Sale

Property Details

Welcome to Sifting Sands, one of Ocean Citys last remaining iconic center-city motels, operating every summer since 1964. This updated and fully furnished condotel unit is ideally located at 9th & Ocean Avenuejust steps from the boardwalk, beaches, shopping, and dining. The unit comfortably sleeps four and features a galley kitchen and one deeded parking space. Sifting Sands is now a pet-friendly establishment, making it even more attractive for owners and renters alike. The condo fee covers a wide range of amenities, including water, sewer, flood and hazard insurance, hot water, cable, Wi-Fi, trash service, common area maintenance, professional management, and access to the onsite pool. Owners may reserve up to 14 personal-use days during the summer rental season, and enjoy unrestricted use from November 1 to April 15. The unit generated $13,392 in gross rental income for the 2024 season, plus an additional $2,500 from winter rentals. Showings must be scheduled between guest stays, as the motel is in full operation. Dont miss this opportunity to own a piece of Ocean City history with excellent rental potential and a prime location!

This listing is provided courtesy of Compass New Jersey-Ocean City

MLS #: 596789
Status: Active
Address: 840 Ocean Ave #42, Ocean City, NJ 08226
Date Listed: 5/29/2025
Days on Market: 3

Amenities

Electric Stove
Microwave
Refrigerator

Location

Interior Features

Cool System: Ceiling Fan(s), Wall Units
Heat System: Electric, Space/Wall/Floor

Exterior Features

Parking: One Car
Exterior: Concrete, Masonry/Block, Steel, Stone
New Construction: No

Additional Features

County: Cape May
Property Type: Condo
Waterfront Features: No
Water/Sewer: Public Water
Lot Number: 17
Block Number: 804
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.