For Sale

Photo of 840 Ocean Ave, Ocean City NJ
840 Ocean Ave
Ocean City, NJ 08226
Full Baths
Water Heater
Unit Location
1st Floor
No Pets
Taxes (2022)
Additional Details Below


Unit #14 @ The "Sifting Sands" Condo/Motel. 100% gutted, remodeled, improved & refurnished, all new interior May 2022. New "All-in-One" Kitchen, micro, frig/freezer, paint, window blinds, 40" wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Toilet. Sale inc. all-new pots, pans, kitchen supplies. Tiled thruout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in '04. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15-Oct 30) guarantees "hands off & hassle free" income. Convenient 1st floor location. Building open year 'round. Block off some personal usage between rentals in the summer for your own usage (14 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w/minimal annual fee), bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Call Listing Agent for details & questions on personal usage & the Rental Program. The Motel is in full operation - All showings will be in-between Guests. Note: Portfolio "Condo-Tel" financing currently available with 25% down. 2022 Income was $23,786.70 ($19,936.70 summer, $3,850 winter). After all expenses, nets about $8-$9,000 without a mortgage. Typically a 5-6% return.


Listing Details for 840 Ocean Ave

Architectural Type

Converted Motel


Boardwalk Area, Corner


One Car


No pets allowed

Interior Features

Blinds, Furnished


Electric Stove, Microwave, Refrigerator

Exterior Features
Exterior Features

Concrete, Masonry/Block, Steel

HOA/Condo Information
HOA Fee Includes

Amenities, Cable, Hot Water, Insurance, Maintenance, Management, Pool, Sewer, Trash, Water

Community Features

Cable TV, Deck/Porch, Laundromat, Outside Shower, Pool

Unit Location

First Floor


Electric, Wall Units


Baseboard, Electric

Hot Water





Public Water

Assessment : 0
Zoning Designation CONDOMINIUM
Lattitude : 39.277552
Longitude : -74.573525
MLS Number : 573528
Listing Courtesy: JESSE BRIGLIA of Fox Real Estate-Ocean


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