807 E 8th St, Unit 511

$215,000
Price
Studio
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Spacious and fully furnished, this Hanscom studio on the beach block in Ocean City offers ocean views and strong rental income, with vacationers returning year after year. Generating over $27,000 in gross income in both 2024 and 2025, it’s one of the building’s most profitable rentals. Inside, the unit features a full bathroom with a walk-in shower and cabinets for added storage, kitchenette, dining area, a storage closet, and a new AC unit. A low HOA fee adds convenience by covering utilities, building...Spacious and fully furnished, this Hanscom studio on the beach block in Ocean City offers ocean views and strong rental income, with vacationers returning year after year. Generating over $27,000 in gross income in both 2024 and 2025, it’s one of the building’s most profitable rentals. Inside, the unit features a full bathroom with a walk-in shower and cabinets for added storage, kitchenette, dining area, a storage closet, and a new AC unit. A low HOA fee adds convenience by covering utilities, building amenities and maintenance, insurance, and WiFi, with electric as the only separate expense. This is a cash-only purchase, as financing is not available in the building. With its prime location near Sundae’s Ice Cream Shop, bike rentals, the OC Waterpark, shopping, dining, and all the boardwalk activities, this studio is a standout choice for anyone looking to secure a strong rental property or second home in Ocean City.

Property Details for 807 East 8th Street, Unit 511

City/Community
Ocean City
Class
CONDOMINIUM
Parking - Exterior
None
Waterfront (Y/N)
No
LISTING UPDATED: 11/29/2025 03:09 PM

Property Details for 807 East 8th Street, Unit 511

StatusActive
MLS #602512
Days on Market33
Taxes$616 / year
HOA Fees$400
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built1928
CountyCape May County

Location

Listing Courtesy of BHHS FOX and ROACH-109 34th OC
Add your commute

Building Information for 807 East 8th Street, Unit 511

Building/ComplexHomesteadFloor5Stories6Residences-Pet Policy-Pet Policy Details-Year Built1928

Payment Calculator

$1,514 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,062

Property Taxes

$51

HOA Dues

$400

The Payment Calculator is for illustrative purposes only.

Property Information for 807 East 8th Street, Unit 511

Summary
Location and General Information
  • Address: 807 E 8th Street
  • Address Direction: E
  • Address Number: 807
  • Address Search Number: 807
  • Address Street: 8th
  • Area: Ocean City/Central
  • Condo Name: Homestead
  • County: Cape May
  • Directions: 807 E 8th St #511
  • Fips Code: 34009
  • Location: Beach Block, Water View
  • State: NJ
  • Street Designation: Street
  • Unit #: 511
  • Zip: 08226
Parking
  • Garage: None
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Sewer, Trash, Water, Cable
  • LVT Date: 11-19-2025
  • Management: Association
  • Monthly Assoc Fees: $400
  • Tax Year: 2024
  • Taxes: 616
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 702
  • Lot #: 25-C511
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Six to Ten
  • Associated Document Count: 4
  • Common Area Features: Elevator, Laundromat On Site, Outside Shower, Storage Facility
  • Doc Timestamp: 11-29-2025
  • New Construction: No
  • Total Assessment: 45200
  • Water: Public Water
  • Adult Community/55+: No
Utilities
  • Full Baths: 1
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Air Conditioning: Ceiling Fan(s), Window Units
  • Appliances: Electric Stove, Microwave, Refrigerator
  • Bedrooms: 0
  • Half Baths: 0
  • Heating: Baseboard, Electric
  • Other Rooms: Dining Area
  • Rooms: 2
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 807 East 8th Street, Unit 511

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Listed (Active)

SJSRMLS #602512

$215,000
Mar 15, 2024

Closed

SJSRMLS #581075

$195,000
Feb 22, 2024

Closed (Public Record)

Public Record #1530003237

$19,500

-25.6% / yr

Jan 12, 2024

Pending

SJSRMLS #581075

Jan 8, 2024

Listed (Active)

SJSRMLS #581075

$195,000
Aug 7, 2019

Closed

SJSRMLS #523728

$75,000
Aug 1, 2019

Closed (Public Record)

Public Record #652403704

$75,000

+9.1% / yr

Jul 8, 2019

Pending

SJSRMLS #523728

Jun 14, 2019

Listed (Active)

SJSRMLS #523728

$78,900
Jun 12, 2019

Withdrawn

SJSRMLS #509557

$79,900
Jul 26, 2018

Listed (Active)

SJSRMLS #509557

$79,900
Nov 10, 2010

Closed (Public Record)

Public Record #302402590

$35,000

-20.6% / yr

Nov 12, 2004

Closed (Public Record)

Public Record #595099323

$139,900
DateEvent & SourcePrice
11/19/2025

Listed (Active)

SJSRMLS #602512

$215,000
03/15/2024

Closed

SJSRMLS #581075

$195,000
02/22/2024

Closed (Public Record)

Public Record #1530003237

$19,500

-25.6% / yr

01/12/2024

Pending

SJSRMLS #581075

01/08/2024

Listed (Active)

SJSRMLS #581075

$195,000
08/07/2019

Closed

SJSRMLS #523728

$75,000
08/01/2019

Closed (Public Record)

Public Record #652403704

$75,000

+9.1% / yr

07/08/2019

Pending

SJSRMLS #523728

06/14/2019

Listed (Active)

SJSRMLS #523728

$78,900
06/12/2019

Withdrawn

SJSRMLS #509557

$79,900
07/26/2018

Listed (Active)

SJSRMLS #509557

$79,900
11/10/2010

Closed (Public Record)

Public Record #302402590

$35,000

-20.6% / yr

11/12/2004

Closed (Public Record)

Public Record #595099323

$139,900

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

Public Records for 807 East 8th Street, Unit 511

Taxable ValueLand$9,700Additions$45,200Total$54,900
Tax Record2024$616 ($51 / month)
Home Facts
Beds0Total Finished SqFt221 SqFtAbove Grade Finished SqFt221 SqFtStories1Lot Size8,024 SqFtStyleCondominiumYear Built1928CountyCAPE MAYAPN08 00702-0000-00025-0000-C511

Schools near 807 East 8th Street, Unit 511

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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Similar Homes

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807 East 8th Street, Unit 511 is a condo for sale in Ocean City, NJ 08226. This property was listed for sale on November 19, 2025 by BHHS FOX and ROACH-109 34th OC, it's currently listed at $215,000. It has been on the market for a total of 33 days and was last sold on March 15, 2024. This listing's school district is Ocean City School District. Nearby schools include Ocean City Primary School, Ocean City Intermediate School and Ocean City High School. 807 East 8th Street, Unit 511 is a 0-bed, 1-bath, condo built in 1928.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-109 34th OC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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.