500 Bay Avenue, Unit 1509 (509S)

Ocean City, NJ 08226

$529,000
Price
2
Beds
2
Baths
1,328 Sq. Ft.
$398 / Sq. Ft.
1,328
Sq. Ft.
$398
per Sq. Ft.

Description

Stunning views of all of Ocean City from Unit 509S in pristine 500 Bay! This 2 bedroom, 2 bath unit features wonderful views from every window. Park your car in the assigned parking spot (#93) in the parking garage. Walk through the secured lobby to the elevator that takes you up to the fifth floor. Once inside the unit, you will appreciate the updated kitchen with maple cabinets, tile floor & backsplash, comfortable dining area, and large living room area. As you go back the hallway you will find...Stunning views of all of Ocean City from Unit 509S in pristine 500 Bay! This 2 bedroom, 2 bath unit features wonderful views from every window. Park your car in the assigned parking spot (#93) in the parking garage. Walk through the secured lobby to the elevator that takes you up to the fifth floor. Once inside the unit, you will appreciate the updated kitchen with maple cabinets, tile floor & backsplash, comfortable dining area, and large living room area. As you go back the hallway you will find two large bedrooms, a hall bathroom, and a bath attached to the main bathroom. Enjoy the wonderful views the porch has to offer accessible off of the main bedroom or living room. There is also a mechanical/laundry closet which holds a 1 year young air conditioner and hot water heater as well as a stacked washer/dryer. Outside of the unit you will find storage nearby and wonderful shared amenities including bike storage, outside shower, common areas with views, and the best feature of a bayfront pool and bayfront sitting areas. If you want to truly feel the relaxation afforded by the wonderful scenery that surrounds this property, call for an appointment today!
  1. Listed by STEPHEN HOFFMAN,RSPS • MARR AGENCY

Property Details for 500 Bay Avenue, Unit 1509 (509S)

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

Location

Listing Courtesy of MARR AGENCY
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LISTING UPDATED: 04/25/2024 09:40 AM

Property Details for 500 Bay Avenue, Unit 1509 (509S)

StatusUnder Contract
MLS #584201
Days on Market5
Taxes$3,518 / year
HOA Fees$653
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDOMINIUM / Condo
Year Built1977
CountyCape May County

Building

500 Bay Condominiums

6 StoriesBuilt in 1977

Location

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Add your commute

Building Information for 500 Bay Avenue, Unit 1509 (509S)

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

Payment Calculator

$3,833 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,887

Property Taxes

$293

HOA Dues

$653

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Bay Avenue, Unit 1509 (509S)

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: Between 5th and 6th Street On the Bay. South Building.
  • Fips Code: 34009
  • Location: Bay Front, Bulkheaded, Corner, Water View
  • State: NJ
  • Street Designation: Ave
  • Unit #: 1509 (509S)
  • Unit Location: Water View
  • Zip: 08226
Owner
  • Owner: Marie M. Knight
Parking
  • Garage: One Car
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • LVT Date: 04-16-2024
  • Management: Association, On-Site Professionals
  • Monthly Assoc Fees: $653
  • Tax Year: 2023
  • Taxes: 3518
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1328
  • Block #: 412
  • Lot #: 6-C1509
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Six to Ten
  • Age: 25+ Years
  • Also Includes: Blinds, Partially Furnished
  • Associated Document Count: 3
  • Common Area Features: Bulkheaded, Cable TV, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Outside Shower, Patio, Pool, Security, Storage Facility
  • Doc Timestamp: 04-16-2024
  • Improved Value: $171,100
  • Land Value: $157,400
  • New Construction: No
  • Total Assessment: 328500
  • 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: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Half Baths: 0
  • Heating: Baseboard, Electric
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Rooms: 7
  • Unit Features: 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 1509 (509S)

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 1509 (509S)

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 MARR AGENCY

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.