719 East 10th Street, Unit 301302303
719 East 10th Street, Unit 301302303
$969,900
3
3
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Listed By Compass
Description
Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed...Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.
Listing Agent
Property Details for 719 East 10th Street, Unit 301302303
MLS #
241110
DOM0
ClassCONDO/TOWNHOUSE
LocationBeach Block, Corner, Water View
Sale/RentFor Sale
TypeCondo
Location
LISTING UPDATED: 04/18/2024 12:18 PM
Property Details for 719 East 10th Street, Unit 301302303
Status | Active |
---|---|
MLS # | 241110 |
Days on Market | 13 |
Taxes | $7,572 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | CONDO/TOWNHOUSE / Condo |
Year Built | - |
County | Cape May County |
Location
Building Information for 719 East 10th Street, Unit 301302303
Building/Complex719 E 10th StFloor-Stories1Residences-Pet Policy-Year Built-
Payment Calculator
$5,924 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 719 East 10th Street, Unit 301302303
Property History for 719 East 10th Street, Unit 301302303
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 719 East 10th Street, Unit 301302303
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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