$925,000
Mobile:
609-674-3417Office
609-399-0076x119Condo
2
1
Welcome to Coconut Cove a Prime Investment Opportunity in Ocean City, NJ! Don’t miss this turnkey 2-bedroom, 1-bath unit located directly across the street from the iconic Ocean City Boardwalk. Coconut Cove is a high-performing rental property with a history of generating over $50,000 in annual income the last 3 years and on course to do over $70,000 this current year. This 1200 sq ft unit comes fully furnished with themed coastal Coconut décor and brand new luxury vinyl plank flooring throughout. Features include a bright and open living space, a private front deck/patio perfect for enjoying ocean breezes, sleeping for 5, two dedicated parking spaces—a rare find this close to the beach and an outside shower. This well-maintained unit is ideally situated in one of the East Coast’s most popular resort destinations, \"America\'s Greates Family Resort\" Ocean City, NJ, offering easy access to guarded beaches, iconic restaurants & shopping. Also, please take note, the Coconut Cove\'s sister property, The Pineapple Pad, 1312 Ocean Ave. (MLS # 596521) is also for sale. Own both units together and double your rental income, enjoy built i-in management systems, and give guests tenants the option to book side-by-side stays, perfect for family or group stays! It\'s a rare chance to to invest in a turn-key Ocean City duo that\'s already up and running. Whether you\'re looking for a strong investment or a personal getaway with excellent rental potential, Coconut Cove checks all the boxes.
Total Rooms | 5 |
Full Bath | 1 |
# of Stories | Three to Five |
Year Build | 2002 |
Lot Size | |
Tax | 3828.00 |
SQFT |
Exterior | Stucco |
OtherRooms | Den/TV Room, Dining Room, Laundry/Utility Room |
Heating | Forced Air, Gas-Natural |
HotWater | Gas |
Sewer | Public Sewer |
Bedrooms | 2 |
Half Bath | 0 |
# of Stories | Three to Five |
Lot Dimensions | |
# Units | |
Tax Year | 2024 |
Area | Ocean City/Central |
ParkingGarage | None |
InteriorFeatures | Kitchen Center Island, Pets Allowed |
Cooling | Ceiling Fan(s), Central |
Water | Public Water |