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Robert (Bob) Gullo, Broker / Manager
ABR, e-Pro, SRS
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Offered by:
Jesse Real Estate, Inc.
Property Description
Condo - Ocean City, NJ Sifting Sands condos, conveniently located on the corner of 9th Street and Ocean Avenue just one short block to the famous Ocean City boardwalk. This efficiency condo is complete with a galley kitchen. Sold fully furnished. 2022 gross income $16,438.00. Additional income of $550.00 per month from current winter tenant (November 3rd, 2022-May 3rd 2023). Condo fees include water, sewer, flood insurance, hazard insurance, hot water, cable TV, Wi-Fi, trash service and common area maintenance. Sifting Sands offers an onsite rental program with daily maid service and heated pool. All owners must participate in the onsite Sifting Sands rental program (no outside rentals permitted). Owner usage is limited to 30 nights per seasonal quarter. See breakdown below of seasonal quarters: Summer – June 21st to September 20th, Fall – September 21st – December 20th, Winter – December 21st – March 20th, Spring – March 21st - June 20th. No financing available, cash deals only. All showings after 2:00 pm. Please see Agent remarks.