500 Bay Avenue, Unit 702 SOUTH

Ocean City, NJ 08226

$985,000
Price
3
Beds
2
Baths
1,611 Sq. Ft.
$611 / Sq. Ft.
1,611
Sq. Ft.
$611
per Sq. Ft.

Description

Welcome to this premium Penthouse home offering one of the BEST Bayfront views in Ocean City. This fabulous three bedroom, two bath, condominium presents a pristine but simple lifestyle. Imagine relaxing in comfort on your two private decks with full south island views and breathtaking sunsets to sooth your sole and impress your guests. Featuring over 1,600 sf this well planned, fully furnished, home has been beautifully updated with luxurious amenities and ready for your enjoyment. Throughout the...Welcome to this premium Penthouse home offering one of the BEST Bayfront views in Ocean City. This fabulous three bedroom, two bath, condominium presents a pristine but simple lifestyle. Imagine relaxing in comfort on your two private decks with full south island views and breathtaking sunsets to sooth your sole and impress your guests. Featuring over 1,600 sf this well planned, fully furnished, home has been beautifully updated with luxurious amenities and ready for your enjoyment. Throughout the home there are volume windows presenting sun-filled rooms and spectacular vistas that are sure to please. There is a chef’s kitchen fitted with shaker cabinetry, granite counters and stainless appliances that adjoins the dining room with a tray ceiling and custom built-in cabinetry. Each of the three bedrooms offer spacious closets and hardwood flooring. This turnkey home is perched atop of the 500 Bay Community designed to maximize yet simplify your life. Features include; dual elevators, two social/party rooms, a workout facility, bayside heated pool, boardwalk relaxation area, on site/full time management, two storage areas and two dedicated parking spaces within the parking garage. Make this spectacular home yours and be part of America’s Greatest Family Resort town with a lifetime of cherished memories ahead. (see attachment for condo fee and fee inclusions)
  1. Listed by Thomas Betz • BHHS FOX and ROACH-109 34th OC

Property Details for 500 Bay Avenue, Unit 702 SOUTH

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

Open Houses

Saturday, May 4th

11:00 AM - 1:00 PM

PublicView Details

Sunday, May 5th

11:00 AM - 1:00 PM

PublicView Details

Location

Listing Courtesy of BHHS FOX and ROACH-109 34th OC
Add your commute
LISTING UPDATED: 04/25/2024 11:14 AM

Property Details for 500 Bay Avenue, Unit 702 SOUTH

StatusActive
MLS #584029
Days on Market22
Taxes$4,921 / year
HOA Fees$1
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-109 34th OC
Add your commute

Building Information for 500 Bay Avenue, Unit 702 SOUTH

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

Payment Calculator

$5,787 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$410

HOA Dues

$1

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Bay Avenue, Unit 702 SOUTH

Summary
Location and General Information
  • Address: 500 Bay Ave 702S
  • Address Number: 500
  • Address Search Number: 500
  • Address Street: Bay Ave 702S
  • Area: Ocean City/Bay Area
  • Condo Name: 500 Bay
  • County: Cape May
  • Directions: North on Bay Ave, left into 500 Bay Ave, building on left, top floor #702 South
  • Fips Code: 34009
  • Location: Bay Front, Water View
  • State: NJ
  • Unit #: 702 South
  • Unit Location: Top Floor, Water View
  • Zip: 08226-3979
Parking
  • Garage: Detached Garage, Two Car
Taxes and HOA Information
  • Assoc Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • LVT Date: 04-10-2024
  • Management: On-Site Professionals
  • Monthly Assoc Fees: $1
  • Tax Year: 2023
  • Taxes: 4921
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1611
  • Block #: 412
  • Lot #: 6
Property and Assessments
  • # of Levels in Unit: One
  • # of Stories in Bldg: Six to Ten
  • Also Includes: Blinds, Furnished
  • Associated Document Count: 1
  • Common Area Features: Cable TV, Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Patio, Pool, Storage Facility, Other (See Remarks)
  • Doc Timestamp: 04-12-2024
  • Estate Y/N: No
  • Flood Plain (Y/N): Yes
  • New Construction: No
  • Total Assessment: 459500
  • Water: Public Water
  • 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: 3
  • Half Baths: 0
  • Heating: Baseboard, Electric
  • Other Rooms: Dining Area, Dining Room
  • Rooms: 7
  • Unit Features: Elevator, Hardwood Floors, Kitchen Center Island, Master Bath
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No
Rental
Rental Information
  • Pets: No pets allowed

Property History for 500 Bay Avenue, Unit 702 SOUTH

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 702 SOUTH

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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500 Bay Avenue, Unit 702 SOUTH is a condo for sale in Ocean City, NJ 08226. This property was listed for sale on April 10, 2024 by BHHS FOX and ROACH-109 34th OC, it's currently listed at $985,000. 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. 500 Bay Avenue, Unit 702 SOUTH is a 3-bed, 2-bath, 1,611 sqft condo built in 1977.

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-109 34th 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.