$ 985,000
4145 Asbury #1 Ocean City, NJ 08226
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$ 985,000
Est. payment /mo
Active
4145 Asbury #1 Ocean City, NJ 08226
3 Beds
2 Baths
UPDATED:
11/18/2024 03:24 PM
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 590822
Style Duplex
Bedrooms 3
Full Baths 2
Year Built 1986
Annual Tax Amount $5,223
Tax Year 2024
Property Description
Welcome to 4145 Asbury Ave, a beautifully furnished South End condo located on the beachside of Asbury Avenue. This three-bedroom, two-bathroom first-floor unit is your gateway to the relaxed coastal lifestyle, with 42nd Street Beach only a block away. The tastefully decorated interiors make this condo a turnkey investment or a perfect second home. (Currently 28k in rentals for 2025) Enter into the open living space, featuring a cozy fireplace and an updated kitchen with granite countertops and a coastal blue backsplash. Relax and entertain on the spacious front deck, ideal for enjoying your morning coffee or summer evenings with friends. The oversized back deck, accessible from the primary suite, offers a private escape for winding down after a day of sun and sand. The primary bedroom features an en-suite bath and plenty of space to relax, while the additional two bedrooms provide ample accommodation for family or guests. Practical amenities include a large, enclosed outdoor shower, an oversized private storage area, two-car parking, and an EV charger for easy convenience. With nearly $28,000 in bookings already secured for 2025 and projections reaching up to $50,000, this property is already proving its rental value. It holds a strong income history, bringing in $45,000 in 2022, $41,795 in 2023 (with several prime weeks reserved by the owner), and $38,750 in 2024, despite the owner taking two prime weeks valued at $4,000 each. 4145 Asbury Ave combines comfort, location, and excellent rental potential in Ocean City's sought-after South End. This is an incredible opportunity to own your piece of paradise!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Southend
Rooms
Other Rooms Dining Room, Eat In Kitchen, Recreation/Family
Interior
Heating Forced Air, Gas-Natural
Fireplaces Type Built-In, Family Room, Gas Log
Exterior
Exterior Feature Vinyl
Garage See Remarks
Waterfront No
Building
Story Two
Unit Location First Floor
Sewer Public Sewer
Water Public Water
Others
Senior Community No
Listed by BERGER REALTY-Main