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Joan S. Spencer

Joan S. Spencer 609-204-3027 609-391-1330x422

1330 Bay Avenue, Ocean City

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For Sale 145 Andrews, Unit 100, Wildwood, NJ, 08260

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145 Andrews, Unit 100, Wildwood, NJ, 08260 Main Picture 145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture145 Andrews, Unit 100, Wildwood, NJ, 08260 Aditional Picture

145 Andrews, Unit 100, Wildwood, NJ, 08260

$695,000

Joan S. Spencer
  • Buyer Agent Compensation: N/A
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Spacious 3BR/2BA Condo with Bonus Room, Pool & Garage Close to the Wildwood Beach! Live the island lifestyle in this beautifully maintained and very spacious 3-bedroom, 2-bath condo located in a private 4-unit community in the heart of Wildwood—just four blocks from the beach and boardwalk! Key Features: • 3 large bedrooms, including a primary suite with walk-in closet • 2 full bathrooms + private outdoor enclosed shower • Bonus ground-floor room perfect for a 4th bedroom, office, gym, or hangout space • Parking for 2 cars, 1-car private garage plus additional driveway parking • Fenced-in backyard with a sparkling shared pool • Cozy gas fireplace in the open concept living/dining area • Central air & heat • Brazilian hardwood floors, new carpeting in the bedroom, and freshly painted throughout, ground floor bonus room floor newly sealed • Oversized laundry room • Custom built-ins in 2nd bedroom with desk, shelving & cabinets • 3rd bedroom includes pyramid bunk + trundle • Beautiful LARGE open concept living room and dining area w large kitchen for entertaining • Private enclosed outdoor shower – perfect after the beach! • Pet-friendly community • Furniture included (with some exclusions) Enjoy this condo as a primary residence, vacation home, or a lucrative rental investment – vacationers love the location, layout, and amenities. You’re walking distance to restaurants, shopping, and of course, the beach! Rare opportunity to own in a SMALL (only 4 condo’s here), well-kept condo community just steps from all that Wildwood has to offer.

Listing courtesy of: COASTAL ELITE REALTY
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms 9
Full Bath 2
# of Stories Two
Year Build 2006
Lot Size
Tax 7019.00
SQFT
UnitFeaturesFireplace, Kitchen Island, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Foyer, Tile Floors, Security Camera
OtherRoomsLiving Room, Kitchen, Den/TV Room, Recreation/Family, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space
AlsoIncludedDrapes, Curtains, Shades, Blinds, Rugs, Partial Furniture
CoolingCentral Air, Ceiling Fan
WaterCity
Bedrooms 3
Half Bath 0
# of Stories Two
Lot Dimensions
# Units
Tax Year 2024
Area Wildwood
ParkingGarageAuto Door Opener, Garage, 2 Car, Concrete Driveway
AppliancesIncludedRange, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Cooktop, Stainless Steel Appliance
HeatingGas Natural, Forced Air
HotWaterGas
SewerCity
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Nearby Listings

Golden Opportunity in Wildwood: 4-Unit Rental Gem with Huge Upside Potential Nestled in the heart of Wildwood, NJ, just blocks from the iconic boardwalk and sparkling beaches, 126 W Andrews Avenue offers more than just location—it delivers serious cash flow and remarkable upside potential. Currently operating as a successful Airbnb, this fully rented four-plex generates approximately $80,000 in annual income and is achieving a strong 7% CAP rate. But here’s the real opportunity: with strategic optimization, this investment could yield a 10% or higher return—a rare feat in today’s competitive coastal markets. Tailored for the savvy investor, the property features a highly versatile unit mix, including one spacious 4-bedroom unit, two flexible 2-bedroom units, and one charming 1-bedroom unit. This diversity allows for a dynamic rental strategy—maximize short-term income through platforms like Airbnb during peak season, then stabilize cash flow with long-term tenants in the off-season. That kind of flexibility empowers you to adapt with the market and take control of your investment’s performance. What sets this property apart even further is the extensive list of recent improvements, ensuring a true turnkey experience. In 2025, all new PVC plumbing was installed under the main house, and an instant hot water heater was added to Unit #2. In 2024, the main house received a new roof and brand-new siding on the front of the home. A year earlier, in 2023, the exterior was enhanced with fresh landscaping using stone and professional underlayment, and pest control was implemented. Units 2 and 3 were freshly painted and fully outfitted with brand-new furniture, while Unit 1 also received partial furniture upgrades. To boost tenant convenience and appeal, a washer and dryer were added to Unit 2, and a brand-new washer and dryer was installed in Unit 1. All units were also equipped with new window A/C units for added comfort. These capital upgrades reduce future maintenance expenses while allowing you to command premium rental rates—whether targeting vacationers seeking Wildwood’s beaches and boardwalk or long-term tenants who want to enjoy the year-round charm of the Jersey Shore. In short, this isn’t just a real estate investment—it’s a ready-made income machine in one of the Northeast’s most desirable coastal destinations. With seasonal surges, steady off-season demand, and a proven business model already in place, the path to stronger cash flow is already paved. Implement smart pricing tools, explore added amenities, or refine your marketing and watch the returns climb even higher. Note: Financials and ROI based on current performance; buyers should verify all data.

Property 2

126 Andrews, Wildwood

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  • $899000