870 East 7th Street, Unit 408
870 East 7th Street, Unit 408
$369,000
1
1
447
447
$826
Description
Ocean 7 Condominiums! Fully renovated with a proven track record of excellent rental income. Incredible 2023 gross income was $42,368.00. This double queen one bedroom with new queen sleeper sofa in living room sleeps six. Separate full bathroom, porcelain wood plank tile flooring throughout, refreshed cabinets, unique blue pearl granite countertop, tiled back-splash, custom herringbone tiled kitchen wall, glass stove top, GE compact microwave and best of all a full size stainless steel refrigerator....Ocean 7 Condominiums! Fully renovated with a proven track record of excellent rental income. Incredible 2023 gross income was $42,368.00. This double queen one bedroom with new queen sleeper sofa in living room sleeps six. Separate full bathroom, porcelain wood plank tile flooring throughout, refreshed cabinets, unique blue pearl granite countertop, tiled back-splash, custom herringbone tiled kitchen wall, glass stove top, GE compact microwave and best of all a full size stainless steel refrigerator. Bathroom upgrades include relocating the vanity into the bathroom (one of only five units in the building with this feature), newer faucets, LED circle mirror, beautiful tiled wall, ventilation fan and overhead lighting. Decorated to the nines with beautiful furnishings, custom art work and beach decor all included. Ocean 7 was magically transformed from a Grand Old Hotel into separately owned condominiums a few years ago. She offers all the conveniences of Hotel Living, daily check ins via the front desk, daily maid & linens service, on site management for care free ownership and heated resort style pool with sundeck. Includes parking and storage facility. Condo fees include water, sewer, hot water, flood & hazard insurance, common area maintenance, cable TV, Wi-Fi, & ELECTRIC! Located just a stones throw to the famous Ocean City beach & boardwalk. Ocean 7 is a seasonal building open from early April through late October. See Agent remarks.
- Listed by ROBERT GULLO • Fox Real Estate-Ocean
Property Details for 870 East 7th Street, Unit 408
City/Community
Ocean City
ClassCONDOMINIUM
Parking - ExteriorOne Car
Waterfront (Y/N)No
Location
LISTING UPDATED: 03/14/2024 02:39 PM
Property Details for 870 East 7th Street, Unit 408
Status | Active |
---|---|
MLS # | 583097 |
Days on Market | 50 |
Taxes | $1,458 / year |
HOA Fees | $488 |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | CONDOMINIUM / Condo |
Year Built | 1972 |
County | Cape May County |
Location
Building Information for 870 East 7th Street, Unit 408
Building/ComplexOcean 7Floor-Stories3Residences-Pet Policy-Year Built1972
Payment Calculator
$2,623 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 870 East 7th Street, Unit 408
Property History for 870 East 7th Street, Unit 408
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.
Public Records for 870 East 7th Street, Unit 408
Taxable ValueLand$57,400Additions$78,700Total$136,100
Tax Record2022$1,400 ($117 / month)
Home Facts
Beds0Total Finished SqFt447 SqFtAbove Grade Finished SqFt447 SqFtStories1Lot Size33,201 SqFtStyleCondominiumYear Built1972CountyCAPE MAYAPN08 00701-0000-00015-0000-C408
Schools near 870 East 7th Street, Unit 408
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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