For Sale 1101 Ocean Ave, Ocean City, NJ, 08226

Beautiful ocean view condo with a renovated bath and kitchen including granite countertops. This spacious & pristine condition condo is larger than the standard Flanders one bedroom suite offering a unique floor plan. Fully furnished and equipped, has a great rental history (2024 gross rental income $27,000.00). 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 over 100 years. She offers all the conveniences of Hotel Living with daily check-ins via the front desk, daily maid & linen service and concierge service. Resort style amenities include a heated pool, fitness room, onsite restaurant, banquet center, spa and gift shop. Condo fees include water, sewer, flood & building insurances, cable TV, phone, WiFi 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 participating in the rental program owners can stay any 200 nights per year. Working Capital Buy-In fee of $1250.00 due from buyer at closing. See Associated Docs for Seller Property Disclosure, Lead Based Paint Disclosure, income and expense reports. Also see agent remarks:

This fully furnished, updated condo offers a turnkey opportunity just steps from the Ocean City boardwalk. Featuring a renovated kitchen and bathroom with granite countertops, the unit is part of the historic Flanders Hotel—a century-old landmark known for its charm, top-tier management, and full range of resort-style amenities including front desk service, daily housekeeping, a heated pool, fitness center, spa, banquet facilities, onsite dining, and a gift shop. Monthly fees cover water, sewer, cable, Wi-Fi, phone, and all common area maintenance, along with building and flood insurance. Rentals are exclusively managed through the Flanders\' onsite program, and city regulations allow owners up to 200 nights of personal use per year (14 of those between mid-June and Labor Day if enrolled in the rental program).

Welcome to The FLANDERS Condominium Hotel and this SPACIOUS 1 bedroom, 1 bath CONDO! Located on the 8th floor, the VIEWS are incredible. Enter to find a SPACIOUS living room with an adjoining dining area. The UPDATED kitchen shines with granite countertops, a TRENDY backsplash, white cabinets, a dishwasher, a fridge, a cooktop, and a microwave. The bedroom easily holds a KING-sized suite, 2 closets, and a window with a VIEW of Ocean City. The modern bathroom boasts a vanity with open storage and a tub/shower. This ICONIC, boardwalk-fronted building is steeped in tradition and loaded with amenities. This is THE place to be, offering all the conveniences of hotel living such as daily check-ins at the front desk, daily maid and linen service, a concierge, heated pool, fitness room, onsite restaurant, banquet center, spa, and a gift shop. Need more? The condo fee covers water, sewer, flood and building insurance, cable, phone, wifi, and common area maintenance. Rentals MUST go through Flanders on-site management, no outside rentals allowed. Year-round residency is not permitted, owner usage is limited 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 year. If not renting owners can stay any 200 nights per year. There’s no location better than this - right on the BOARDWALK, BEACH, and OCEAN with everything within minutes!