Pending/Under Contract $250,900 - Condominium
This 3rd floor Ocean 7 one-bedroom suite (end unit) offers a spacious living area, private bedroom, fully furnished, a renovated step-saving kitchenette with granite countertops & tile back-splash, ceramic tile flooring throughout, updated furnishing, newer paint throughout, and fantastic ocean views. Ocean 7 was magically transformed from a Grand Old Hotel into separately owned condominiums a few years ago. She offers all the conveniences of Hotel Living, daily check-ins via the front desk, daily maid & linens service, on-site management for carefree ownership, and a heated resort-style pool with a sundeck. Includes parking and storage facility. Condo fees include water, sewer, hot water, flood & hazard insurance, common area maintenance, cable TV, Wi-Fi, & ELECTRIC! Located just a stone’s throw to the famous Ocean City beach & boardwalk. Ocean 7 boasts one of the island’s best rental addresses, too…if high investment income is what you are after, look no further. Current owners chose to rent on a very limited basis. Other 1BR units at Ocean have exceeded 30K in gross rental income. Ocean 7 is a seasonal building open from late April to mid-October. Great investment property or vacation home.