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$ 1,099,999
Est. payment | /mo
3 Beds
3 Baths
$ 1,099,999
Est. payment | /mo
3 Beds
3 Baths
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 604778
Bedrooms 3
Full Baths 3
HOA Fees $627/mo
Annual Tax Amount $8,391
Tax Year 2024
Property Sub-Type Condo
Property Description
Proven six-figure rental income in a prime beach block location! This fully furnished 3 bedroom, 3 bath luxury condo at Impala Suites features ocean views, a flexible layout, and generated over $110,000 in rental income last year. Located on the top floor and totaling 1,417 sqft, this end unit can be enjoyed as a full 3 bedroom, 3 bath residence with a living room and kitchen, or divided into two or three separate units to maximize rental potential. The middle unit spans over 600 sqft and includes a kitchen, living area, private deck, and a bedroom with a king size bed and ensuite bath. The two smaller units each offer nearly 400 sqft, with spacious bedrooms furnished with two queen beds, ensuite baths, and private decks. Each unit has a separate entrance, ensuring privacy for every guest. This configuration allows owners to accommodate large families, host multiple reservations, or enjoy personal use in one unit while renting out the others - a rare setup in Ocean City that provides both enjoyment and income. Two assigned parking spaces, elevator access, a resort-style pool, and immediate access to the beach and boardwalk add convenience and keep rental demand strong. Professional management handles bookings and guest services, providing a streamlined and effortless ownership experience. Strong income, luxury accommodations, and an unbeatable location make this a standout opportunity in Ocean City!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Beach Block,Corner,Boardwalk Area,Water View
Rooms
Other Rooms Dining Area
Interior
Heating Electric, Forced Air
Exterior
Exterior Feature Vinyl
Parking Features See Remarks
Building
Story Three to Five
Unit Location End Unit,Pool View,Top Floor,Water View
Sewer Public Sewer
Water Public Water
Others
Senior Community No
Listed by BHHS FOX and ROACH-109 34th OC
Nearby Locations
Scott Zielinski
Team Leader - Realtor® Associate | License ID: 1645364
+1(856) 264-8671 | scott@zhomesrealestate.com