Price $1,199,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,165 sqft
Lot Size n/a
Days on Market 24
INVESTOR SPECIAL - Don't miss your chance to get inside to see Oceans Cities BEST BUY!- Renters are coming-so limited showings-- Saturdays 11am to 1pm--starting May 30th -WELCOME to 1122 Ocean Ave "”an exceptional first-floor 3-bedroom, 2-bathroom condo delivering strong, consistent cash flow in one of Ocean City's most desirable beach block locations, just steps from the boardwalk and beach. Sold Fully furnished and turnkey, these properties ready for enjoyment as a vacation home or as an income producing rental. The interior features high ceilings and an open, airy layout filled with natural light, creating a bright and welcoming space for owners and guests alike. The first-floor location adds everyday convenience and accessibility. Recent improvements include new 2026) a new roof (2023). Renovated bathrooms and fresh paint throughout offering a clean modern coastal feel with low maintenance for years to come. Additional highlights include an outdoor shower, on-site storage unit, pet friendly policies, and the unbeatable convenience of being steps to. the beach. - all features renters and owners value highly. This property is already set up for immediate income, Just step in and start receiving and generating income from day one! The numbers speak for themselves with $103,000 in rental income for 2025 and $85,000+ already secured for 2026 with additional upside income to follow. The is almost double the income of similar priced condo's .With repeat renters, established bookings and a proven year round track record , this is a Plug and play investment Condition, Location, price and Income - this condo checks every box. Don't miss the opportunity to own a prime turnkey property in one of Ocean City's most sought out locations. Double the income of similar priced rental properties!
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 4/20/2026 Year Built 0
Garage Spaces 2.0 County Cape May

Price History

Prior to Apr 20, '26 $1,300,000
Apr 20, '26 - Today $1,199,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Washer
CONSTRUCTION Stone, Vinyl Siding
GARAGE Yes
HEAT Electric, Forced Air, Heat Pump
LOT 0
LOT DIMENSIONS 40 x 95
TAXES 4000
WATER Private

Location

 

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