For Sale 724 Ocean Ave, Ocean City, NJ, 08226

This is the very BEST VALUE-ADD ON THE JERSEY SHORE ISLAND RESORT MARKET! Current Cash Flow Valuations are at a 9%+ CAPRATE which makes this fabulous buy an INVESTOR\'S DREAM INCOME AQUISTION OPPORTUNITY & WITH TONS OF UPSIDE! The Blue Water Inn Hotel is a 40-Unit Mixed Use commercial investment property, with parking! This income producing gem is centrally located on a HIGH TRAFFIC CORNER of 8th & Ocean Ave in the very HEART OF THE HOTEL/ HOSPITALITY DISTRICT & situated on a whopping 135\' x93.05 lot just a couple blocks from Ocean City\'s white sand beaches and bustling World Famous Boardwalk. The property features a total of40units which consists of: 32 hotel rooms (with 32 baths); 5 renovated apartments (3-1BR/1BA, 1-2BR/1BA, 1-3BR/1BA & 1-Manager\'sefficiency apartment w/1BA); and 3 leased commercial stores on the street level of the building. The three commercial storefronts currently include a full-service restaurant and two additional food & beverage service retail stores. In addition, the building includes an additional 1/2 bath in Guest Check-In Lobby; 3 courtesy dayrooms with showers; laundry facility; and a total of 28 parking spaces in the parking lot adjacent to & in back of the hotel. Property recently started to undergo upgrades & renovations inclusive of the apartments; new front porch; and windows are relatively new. For the experienced developer/investor, this incredible acquisition opportunity comes with tremendous upside potential associated with property stabilization and income growth tied to increased seasonal rents to become in line with market rates, plus expanding business to include Winter Rental which could quickly add an instant $100K to the bottom line. Income generating investment opportunities like this come around rarely in Ocean City. Pre-Qual & NDA required for financially qualified buyers only. Call Now!

Check out this awesome 5-bedroom condo at 701 8th Street, Unit B3, right in the heart of Ocean City, NJ. It’s perched on the top floor, giving you killer views and plenty of privacy. A private elevator takes you straight up, smooth and easy! Or choose one of the 2 stairwells with access to the front and back of the unit. You’re just steps from the boardwalk, beach, and downtown vibes—perfect for sandy adventures, tasty treats, or a quick coffee run. Inside, it’s got a huge living room with a cozy fireplace, a dining area ready for big meals, and a kitchen that’s fully equipped. Plus, it’s fully furnished—move in or start renting it out right away. This place is a goldmine for family vacations or extra income! After a day at the beach, rinse off in the outdoor shower—super convenient. Whether you want a family beach pad or a smart investment, this condo’s got you covered. Come see it, soak in the Ocean City life, and get ready to love it!

Do you love being in the middle of all the action in Ocean City? Or maybe you\'re looking for an investment property that will have high appeal to vacationers? This is the one you\'re looking for! This new construction project, brought to you by Surfside Construction, is ready for summer fun, beach days and boardwalk strolls starting in the spring of 2025. Located just one block to the beach and boardwalk, right in the center of town, you or your guests can walk or bike to everything that America\'s Greatest Family Resort has to offer. The first floor condo features 4 bedrooms and two full baths, along with a very spacious living area. Front and rear decks and off-street parking for two cars, along with an oversized storage space in the rear of the garage guarantee you’ll have space for family and friends. You\'ll love the Medallion kitchen cabinets and bathroom vanities, quartz countertops, and upgraded appliance package. The garage comes pre-wired with an electric car charger for your convenience. This home is being sold fully furnished and with rentals.