500 Bay Avenue, Unit 1301 (301S)

Ocean City, NJ 08226

$599,900
Price
2
Beds
2
Baths
1,447 Sq. Ft.
$415 / Sq. Ft.
1,447
Sq. Ft.
$415
per Sq. Ft.

Description

WATERFRONT CONDO, 2 Bedroom 2 Bath, 1447 Sq Ft, $599,900! Your BAYDREAM awaits! 500 Bay Condominium Complex, located at 5th & Bay Avenue, Ocean City, NJ Step into this immaculate, turnkey condo, boasting a sun-drenched southern exposure that fills every corner with positive energy and natural light. Admire breathtaking water vistas, the picturesque glow of the 9th St Bridge, captivating sunsets, and the serene open space of the Bayside Center from your expansive 37-foot-long patio. The spacious interior...WATERFRONT CONDO, 2 Bedroom 2 Bath, 1447 Sq Ft, $599,900! Your BAYDREAM awaits! 500 Bay Condominium Complex, located at 5th & Bay Avenue, Ocean City, NJ Step into this immaculate, turnkey condo, boasting a sun-drenched southern exposure that fills every corner with positive energy and natural light. Admire breathtaking water vistas, the picturesque glow of the 9th St Bridge, captivating sunsets, and the serene open space of the Bayside Center from your expansive 37-foot-long patio. The spacious interior exudes warmth with its parquet wood flooring, complemented by an open Dining Room and Kitchen space featuring classic white cabinetry and appliances, a built-in desk or serving counter, soft grey mini honed marble subway tile backsplash, and under-cabinet lighting. Retreat to two generously sized bedrooms, including the Primary Bedroom Ensuite adorned with glass shower doors, mounted handicap handles, a built-in vanity desk, ample closet space, and direct access to the patio, perfect for savoring morning coffee or evening sunset breezes. The 500 Bay Complex offers unparalleled amenities, including two bayfront clubhouses, elevators, a fitness center, bike and chair storage, assigned parking, grocery carts for effortless transport, trash chutes on each floor, attentive on-site management, complimentary basic cable, and a heated bayfront custom pool surrounded by lounge chairs in sun or shaded areas, ensuring resort-style living at its finest. Enjoy front-row seats to Ocean City's famed Night in Venice and fireworks display on July 20th, 2024! Discover the enchantment of Ocean City, recently crowned “2024 Happiest Place in New Jersey” for its vibrant community spirit and an array of attractions. Within walking distance to the charming shops of Asbury Ave, the lively boardwalk, amusement park, indulgent treats like homemade fudge, ice cream, saltwater taffy, Johnson's Popcorn, Manco & Manco pizza, to name a few! Schedule your private showing today and immerse yourself in the magic of coastal living at its finest! Please note, 500 Bay maintains a strict No Pet Policy, with registered service pets exceptions only.
  1. Listed by Mary Oteri • BHHS FOX and ROACH-Simpson OC

Property Details for 500 Bay Avenue, Unit 1301 (301S)

City/Community
Ocean City
Class
CONDOMINIUM
Parking - Exterior
Off Site Parking
Waterfront (Y/N)
Yes

Location

Listing Courtesy of BHHS FOX and ROACH-Simpson OC
Add your commute
LISTING UPDATED: 05/22/2024 06:05 PM

Property Details for 500 Bay Avenue, Unit 1301 (301S)

StatusUnder Contract
MLS #582641
Days on Market81
Taxes$3,407 / year
HOA Fees$662
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built1977
CountyCape May County

Building

500 Bay Condominiums

6 StoriesBuilt in 1977

Location

Listing Courtesy of BHHS FOX and ROACH-Simpson OC
Add your commute

Building Information for 500 Bay Avenue, Unit 1301 (301S)

Building/Complex500 Bay CondominiumsFloor-Stories6Residences-Pet PolicyNot AllowedYear Built1977

Payment Calculator

$4,220 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$284

HOA Dues

$662

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Bay Avenue, Unit 1301 (301S)

Summary
Location and General Information
  • Address: 500 Bay Ave
  • Address Number: 500
  • Address Search Number: 500
  • Address Street: Bay
  • Area: Ocean City/Bay Area
  • Condo Name: 500 Bay
  • County: Cape May
  • Directions: Left off 9th Street Bridge on to Bay Rd, continue to 5th St, 500 Bay South Complex is on the left.
  • Fips Code: 34009
  • Location: Bay Front, Bulkheaded, Water View
  • State: NJ
  • Street Designation: Ave
  • Unit #: 1301 (301S)
  • Unit Location: Water View
  • Zip: 08226
Parking
  • Garage: One Car
  • Monthly Parking Fee: $0
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • LVT Date: 02-27-2024
  • Management: Association, On-Site Professionals
  • Monthly Assoc Fees: $662
  • Tax Year: 2023
  • Taxes: 3407
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1447
  • Block #: 412
  • Lot #: 6
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Six to Ten
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Furnished, Shades
  • Associated Document Count: 1
  • Common Area Features: Bulkheaded, Cable TV, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Outside Shower, Patio, Pool, Security, Storage Facility
  • Doc Timestamp: 02-28-2024
  • New Construction: No
  • Total Assessment: 339000
  • Water: Public Water
  • Year Built: 1977
  • Adult Community/55+: No
Utilities
  • Full Baths: 2
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Concrete, Masonry/Block
Interior Features
  • Air Conditioning: Central
  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Half Baths: 0
  • Heating: Baseboard, Electric
  • Other Rooms: Dining Room, Great Room, Laundry/Utility Room
  • Rooms: 7
  • Unit Features: Handicap Features, Hardwood Floors, Master Bath, Wall to Wall Carpet
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 500 Bay Avenue, Unit 1301 (301S)

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 500 Bay Avenue, Unit 1301 (301S)

This home is within Ocean City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Ocean City Primary School
PublicPK to 3

Ocean City Intermediate School
Public4 to 8

Ocean City High School
Public9 to 12

St. Augustine Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS FOX and ROACH-Simpson OC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.