Fox Real Estate

900 Ocean Avenue
Ocean City, NJ 08226

(609) 399-5377

870 E 7th St Unit 408, Ocean City, NJ 08226

SOLD

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Ocean 7 Unit #408

Property Info
Status:Sold
MLS #:583097
Beds:1
Baths:1 Bath (1 F)
Type:Condominium
Size:447 ft²
Features
  • Beautiful renovated kitchen and bath!
  • Fantastic rental income!
  • Just steps from the famous Ocean City boardwalk!
Remarks
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.
General Information
Annual Property Tax:
$1,458.00
HOA Dues:
$488
County:
Cape May
Subdivision:
Ocean City/Northend
Building Details
Year Built:
1972
# of Stories:
5
Heating/Ventilation:
Electric
Air Conditioning:
Central
Sewer:
Public
Water:
Public
Pool:
Heated Pool
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Rate:
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Down Payment:
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*Rates for December 2024. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages.  To determine rates in your area please contact your local lender.

Local Schools

School NameTypeDistanceGreatSchools Rating
501 Atlantic Avenue, Ocean City NJ 08226
(609) 399-1290
public
0.2 mi
map link
550 West Avenue, Ocean City NJ 08226
(609) 399-3191
public
0.5 mi
map link
1337 Asbury Ave, Ocean City NJ 08226
(609) 399-1435
private
0.8 mi
1901 Bay Avenue, Ocean City NJ 08226
(609) 399-5611
public
1.4 mi
map link
11 Harbor Lane, Somers Point NJ 08244
(609) 927-2228
private
3.1 mi
22 West Dawes Avenue, Somers Point NJ 08244
(609) 653-1027
public
3.5 mi
map link
157 Shore Rd, Somers Point NJ 08244
(609) 601-0505
private
3.5 mi
129 Jordan Road, Somers Point NJ 08244
(609) 927-7161
public
3.6 mi
map link
413 New Road, Somers Point NJ 08244
(609) 926-7694
charter
3.9 mi
map link
2013 Wabash Avenue, Linwood NJ 08221
(609) 926-6700
public
4.1 mi
map link
Po Box 614, Marmora NJ 08223
(609) 390-1670
private
4.1 mi
2115 New Road, Linwood NJ 08221
(609) 927-7578
private
4.2 mi
130 North Old Tuckahoe Road, Marmora NJ 08223
(609) 628-3500
public
4.2 mi
50 North Old Tuckahoe Road, Marmora NJ 08223
(609) 628-3500
public
4.3 mi
map link
51 Belhaven Avenue, Linwood NJ 08221
(609) 926-6700
public
4.5 mi
map link
515 Hamilton Avenue, Linwood NJ 08221
(609) 927-4715
private
4.6 mi
515 Hamilton Avenue, Linwood NJ 08221
(609) 927-4715
private
4.6 mi
1301 Oak Avenue, Linwood NJ 08221
(609) 927-4151
public
4.8 mi
map link
14 N Jerome Ave, Margate City NJ 08402
(609) 822-9243
private
5 mi
501 North Jerome Avenue, Margate City NJ 08402
(609) 822-1167
private
5.1 mi
101 N HAVERFORD AVENUE, Margate City NJ 08402
(609) 822-2080
public
5.2 mi
map link
7804 AMHERST AVENUE, Margate City NJ 08402
(609) 822-2353
public
5.3 mi
map link
400 N LAFAYETTE AVENUE, Ventnor City NJ 08406
(609) 487-7900
public
5.8 mi
map link
VENTNOR EDUCATIONAL COMMUNITY, Ventnor City NJ 08406
(609) 487-7900
public
5.8 mi
map link
30 S Portland Ave, Ventnor City NJ 08406
(609) 822-2234
private
6.3 mi

Data provided by GreatSchools.org ©2023. All rights reserved.

About Bob!

There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.


That said, in my experience as a Realtor, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.


This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.


So when you decide that you'd like to buy or sell a home in the Ocean City, Beesleys Point, Marmora, Seaville, Somers Point, and Upper Township areas, please contact me.


America's greatest family resort, Ocean City,NJ offers families many activities to make your vacation memorable, from our world famous boardwalk with a large variety of retail shops, restaurants and amusement piers to miles of beautiful beaches.


Bob has been the number one Selling and Listing Real Estate Agent at Fox Real Estate (formerly Jesse Real Estate) for the past 21 years (2003-2023), specializing in condominium sales. Bob has been awarded the NJAR Circle of Excellence Sales Award in each of his 21 years, 2003 Silver Award, 2004 Silver Award, 2005 Gold Award, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015 and 2016 Silver Award, 2017, 2018 & 2019 Platinum Award, 2020 Gold Award, 2021 & 2022 Platinum Award & 2023 Gold Award.


I have bought and sold many properties including several that required extensive renovations, and am always happy to share my knowledge in this area.

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