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For Sale 719 11th, 402, Ocean City, NJ, 08226

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719 11th, 402, Ocean City, NJ, 08226

$649,900

  • Buyer Agent Compensation: N/A
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The FLANDERS Condominium Hotel is perhaps the best known, best run \"condotel\" in all of Ocean City. This beautiful boardwalk fronted building is steeped in tradition. It has been a part of the Ocean City skyline for 100 years. She offers all the conveniences of Hotel Living daily check-ins via the front desk, daily maid & linen service, concierge service, heated pool, fitness Room, onsite restaurant, banquet center, spa and gift shop. This rare 2BR unit has views of the ocean and incredible rental history. 2023 gross rental income was $57,975.00. Completely renovated including renovated kitchen, with updated cabinets, granite counter, tiled back-splash and stainless-steel appliances. Updated bath as well including granite vanity top. Other features include crown molding, wainscoting and LVP flooring throughout. Fully furnished and equipped. Condo fees include water, sewer, flood & building insurances, cable TV, phone, Wi-Fi, trash service and common area maintenance. All rentals must go through the Flanders on-site rental program, no outside rentals permitted. Year-round residency is not permitted at The Flanders. City Ordinance restricts owner usage to 200 nights per year. If participating in the rental program, owner usage from mid-June through Labor Day is limited to 14 nights plus an additional 186 nights throughout the remainder of the year. If not renting owners can stay any 200 nights per year. Please see Agent remarks.

Listing courtesy of: Fox Real Estate-Ocean
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional 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 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms 5
Full Bath 1
# of Stories Eleven or More
Year Build 1923
Lot Size
Tax 3457.00
SQFT
ExteriorBrick Face, Stucco
OtherRoomsDining Area
CoolingCentral
WaterWell
Bedrooms 2
Half Bath 0
# of Stories Eleven or More
Lot Dimensions
# Units
Tax Year 2023
Area Ocean City/Central
ParkingGarageNone
HeatingElectric, Forced Air
HotWaterElectric
SewerPublic Sewer
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Fantastic Opportunity to own a piece of the Historic Flanders Hotel on the Beautiful Ocean City Boardwalk. This Condo is in pristine condition for your enjoyment and relaxation. Enjoy the sparkling Ocean views from all 3 windows ! The unit includes new flooring, an updated kitchen with granite counter and beautiful bath. The unit comes fully furnished with all appliances. Condo fees include water, sewer, flood & building insurance, cable TV, phone, Wi-Fi and common area maintenance. Enjoy all of the amenities that the Flanders and the Boardwalk have to offer while having the opportunity to participate in the Flanders well managed Rental Program to get a great return on your investment. The Flanders Rental Program of this Condotel is run with all of the luxury of a full service Hotel with a first class Reservations department, Front Desk, daily maid and linen service and concierge service. Enjoy the outside heated pool, fitness facility and library. Emily\'s restaurant is conveniently located on-site as well as Banquet facilities and gift shop. All rentals must go through the Flanders on-site rental program, no outside rentals are permitted. Year-round residency is not permitted at The Flanders. City Ordinance restricts owner usage to 200 nights per year. If participating in the rental program, owner usage from mid-June through Labor Day is limited to 14 nights plus an additional 186 nights throughout the remainder of the year. If not renting owners can stay any 200 nights per year. Whether you are interested in rental income or a unique 2nd Home with the luxury of a first class Hotel this unit offers a great opportunity in a wonderful resort.

Property 2

719 11th, Ocean City

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  • $368999