Southern New Jersey and Surrounding Areas

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Robert (Bob) Gullo, Broker / Manager
Robert (Bob) Gullo, Broker / Manager
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Offered by:
Jesse Real Estate, Inc.

719 E 11th Street 709
Ocean City, NJ 08226
MLS# 569942 ID: 79436750
1 BR • 1 BA • 580 sq.ft.
Property Description
Condo - Ocean City, NJ Bay-views from this West side unit. Renovated bath and beautiful granite counter-tops. This spacious & pristine condition condo comes fully furnished and equipped has a great rental history (2021 gross rental income $28,084.00). The FLANDERS Condominium Hotel is perhaps the best known, best run "condotel" in all of Ocean City. This beautiful boardwalk fronted building is steeped in tradition. It has been a part of the Ocean City skyline for almost 100 years. She offers all the conveniences of Hotel Living daily check ins via the front desk, daily maid & linen service, concierge service, pool, fitness Room, onsite restaurant, banquet center, spa and gift shop. Condo fees include water, sewer, flood & building insurances, cable TV, phone, WiFi and common area maintenance. All rentals must go through the Flanders on-site rental program, no outside rentals permitted. Year round residency is not permitted at The Flanders. City Ordinance restricts owner usage to 200 nights per year. If participating in the rental program, owner usage from mid June through Labor Day is limited to 14 nights plus an additional 186 nights throughout the remainder of the year. If not renting owners can stay any 200 nights per year. There will be an upcoming special assessment estimated at $9,000.00 for the replacement of the windows. Installation date has not yet been determined. Working Capital Buy-In fee of $1,086.00 due from buyer at closing.
Property Features
Days On Market 73 days
Last Updated March 18, 2023
Market Status Available
Property Type Single Family Home
Bedrooms 1
Bathrooms 1 full
Sq. Feet 580
Building Features
Cable/Satellite TV Cable Ready
Heating System Forced Air
Central Air
Heating Fuel Electric
Exterior Features
Exterior Construction Brick; Stucco
Interior Features
Taxes 2104 (2022)
Listing Features
Property Type Common Interest; Condominium
Lot Features
Room Details
Dining Room
Great Room
Additional Areas Bedroom; Full Bath
Type of View
Water View

Data Provided by South Jersey Shore Regional MLS