840 Ocean Ave #42 Unit #42, Ocean City, NJ 08226

$139,000
1
BA
412
SqFt

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Sold Price
$139,000
List Price
$139,900
Closing Date
Oct 30, 2025
MLS#
596789
Status
SOLD CO OP NON MEMBER
Bathrooms
1
Living Sq. Ft
412
Region
Ocean City/Central
City
Ocean City

Property Description

Welcome to Sifting Sands, one of Ocean City’s last remaining iconic center-city motels, operating every summer since 1964. This updated and fully furnished condotel unit is ideally located at 9th & Ocean Avenue—just steps from the boardwalk, beaches, shopping, and dining. The unit comfortably sleeps four and features a galley kitchen and one deeded parking space. Sifting Sands is now a pet-friendly establishment, making it even more attractive for owners and renters alike. The condo fee covers a wide range of amenities, including water, sewer, flood and hazard insurance, hot water, cable, Wi-Fi, trash service, common area maintenance, professional management, and access to the onsite pool. Owners may reserve up to 14 personal-use days during the summer rental season, and enjoy unrestricted use from November 1 to April 15. The unit generated $13,392 in gross rental income for the 2024 season, plus an additional $2,500 from winter rentals. Showings must be scheduled between guest stays, as the motel is in full operation. Don’t miss this opportunity to own a piece of Ocean City history with excellent rental potential and a prime location!

Additional Information

Hoa Includes
Insurance, Maintenance, Management, Sewer, Trash, Water, Other Utilities, Hot Water, Cable, Pool
Cooling
Ceiling Fan(s), Wall Units
Heating
Electric, Space/Wall/Floor
Parking Description
None
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Compass New Jersey-Ocean City (O463E). Selling Office: .

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. Real Estate listings held by brokerage firms other than Stewart Vaughan Real Estate are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

Information is deemed accurate but not guaranteed.

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