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Monica Raab

Monica Raab 609-432-3880 609-391-0500

1670 Boardwalk, Ocean City

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For Sale 713 8th, E, Ocean City, NJ, 08226

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713 8th, E, Ocean City, NJ, 08226

$667,500

Monica Raab
  • Buyer Agent Compensation: N/A
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Experience the best of Ocean City living just steps from the sand and the island’s world-famous boardwalk. This fully renovated 2-bedroom, 2-bathroom top-floor condo stands out from the rest with views of the legendary ferris wheel, a peek at the ocean, and premium upgrades throughout including a beautiful kitchen island, custom lighting, and coastal décor and furnishings that perfectly capture the feeling of a relaxing shore escape. Located just one block to the beach and a short three-minute walk to the shops and restaurants of downtown Asbury Avenue, this home offers the ultimate blend of location, comfort, and investment potential. Enjoy a bright, open layout, private balcony for morning coffee relaxing in the shade after the beach, and exclusive pool access for the perfect summer retreat. With a proven rental history exceeding $35,000 in annual income and potential for $40K+, this turnkey property delivers strong returns and effortless ownership. Whether you’re searching for your personal getaway or an income-producing investment, this home checks every box.

Listing courtesy of: eXp Realty - Montclair
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 2
# of Stories Three to Five
Year Build
Lot Size
Tax 3808.00
SQFT
ExteriorBrick
OtherRoomsEat In Kitchen
HeatingForced Air, Gas-Natural
HotWaterTankless-gas
SewerPublic Sewer
Bedrooms 2
Half Bath 0
# of Stories Three to Five
Lot Dimensions
# Units
Tax Year 2025
Area Ocean City/Central
ParkingGarageNone
InteriorFeaturesMaster Bath, Pets Allowed
CoolingCeiling Fan(s), Central
WaterPublic Water
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Nearby Listings

Unmatched Investment Opportunity – Dual Hotel Portfolio in the Heart of Ocean City, NJ! Now available: a rare chance to acquire TWO established hospitality properties in one of the most coveted beach destinations on the East Coast! Located in the historic district just steps from the Ocean City boardwalk and beaches, 724 Ocean Avenue and 617 E 8th Street are being offered as a combined hotel package — delivering prime location, proven cash flow, and substantial upside potential. 724 Ocean Avenue (The COVE Hotel): A classic shore hotel featuring 29 guest rooms (plus 10 additional bonus room to house staff), swimming pool, on-site parking, common living room, and on-site amenities — ideal for short-term rentals, group lodging, or seasonal stays. The Cove is newly renovated making it a turnkey opportunity. 617 E 8th Street (The BLUE WATER Inn): Just around the corner, this second hotel property adds 40 additional rentable units with a parking lot, which includes 32 hotel suites, 5 apartments and 3 currently leased commercial units, perfect for expanding occupancy and revenue. This hotel is one of the last moderately priced hotels and \"value add\" property available in Ocean City. Key Investment Highlights: • Prime boardwalk/beach-block location • Combined high-capacity lodging potential • Strong repeat guest base • Zoned for hospitality • Turnkey operation or value-add opportunity • Perfect for boutique hotel operators, group rental hosts, or portfolio investors Opportunities like this rarely come to market — own a piece of Ocean City’s thriving tourism economy with two centrally located hospitality assets that offer immediate income and long-term appreciation. Each hotel property (724 Ocean Ave & 617 E 8th St) is listed separately for sale. This offering is for your opportunity to buy as a package only while still available as a combo sale. Pre-Qual or Proof of Funds & NDA are required for financially qualified buyers only, and Buyers must complete and satisfy all their own due diligence. For more property details, obtain an NDA to review financials and schedule a private showing, please call us directly now.

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726-730 Ocean Ave, Ocean City

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