4301-03 Central Ave #1st Floor,OCEAN CITY, NJ 08226
OCEAN CITY, NJ 08226
Description
Oceanfront Southend location 5 bedrooms Covered private decks Ocean view primary suite No HOA Fully furnished Proven rental income Wake up to the sound of the ocean and enjoy coastal living from this first-floor oceanfront condo at 4301 Central Ave in Ocean City's sought-after Southend. Positioned on the corner of 43rd Street and Central Avenue, this spacious 5-bedroom, 3.5-bath residence combines the comfort of a large shore home with the flexibility of a proven income-producing property. Multiple covered private decks create inviting outdoor spaces for morning coffee, afternoon shade, or evenings spent enjoying the ocean breeze, while the private balcony off the primary suite captures water views and adds a quiet retreat away from the main living areas. Inside, approximately 2,148 sq ft of living space offers room for gathering, entertaining, and accommodating guests throughout the season. The main living area centers around a gas fireplace and flows into an eat-in kitchen with center island and adjacent dining area, creating an open, functional layout designed for shore living. Interior finishes include vinyl plank flooring, tile, and wall-to-wall carpet, along with a walk-in closet and fully furnished interiors that allow for immediate enjoyment from day one. Additional exterior features include an outdoor shower, storage space for beach gear, a 1.5-car attached garage, and two assigned parking spaces. The co-ownership structure carries no monthly association fee, an increasingly rare advantage for an oceanfront property in Ocean City. Located directly along the beach in Cape May County, this Southend location places you close to some of Ocean City's most desirable stretches of shoreline while offering strong rental appeal. Historical annual rental income averaging approximately $110,000-$120,000, with rental potential over $170,0000 making this an exceptional opportunity for both personal enjoyment and investment.
Details
| MLS # | NJCM2008040 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1990 |
| Days On Site | 19 |
| Listing Provided By | BHHS Fox & Roach 9th Street-Ocean City | Brian Logue |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,148 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | R2 |
| Water Front | Yes |
| Property View | Ocean, Water |
Interior
| Cooling | Central A/C, Ceiling Fan(s), Zoned |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Zoned |
| Interior Features | Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Bathroom - Jetted Tub, Bathroom - Walk-In Shower |
| Furnished | Yes |
| Appliances | Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Freezer, Oven - Self Cleaning, Washer |
Exterior
| Exterior Features | Exterior Lighting, Street Lights, Underground Lawn Sprinkler, Outside Shower, Sidewalks |
|---|---|
| Roof | Asphalt |
| Security Features | Carbon Monoxide Detectors, Smoke Detector |
| Construction Materials | Vinyl Siding |
| Lot Features | Bulkheaded, Corner, Flood Plain, Level, Road Frontage, Side Yard(s), Rear Yard, Front Yard |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned, Concrete Driveway, Private |
Taxes
| Tax Annual Amount | 14754 |
|---|
Area Information
| State | NJ |
|---|---|
| County | CAPE MAY NJ |
| City | OCEAN CITY |
| Zip Code | 08226 |
| Area | Ocean City City (20508) |
| Community Name | SOUTHEND/BEACHBLOCK |
| School District | OCEAN CITY SCHOOLS |
| Elementary School | PRIMARY E.S. |
| High School | OCEAN CITY H.S. |
| Listing VS Median (in SOUTHEND/BEACHBLOCK) | |
Price: $2,690,000 low | high Med: $2,690,000 sqft: 2,148 low | high Med: 2,148 $ / sqft: $1,252 low | high Med: $1,252 On site: 19 low | high Med: 19 | |
Market Activity 08226
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Learn More About This Property
| State | NJ |
|---|---|
| County | CAPE MAY NJ |
| City | OCEAN CITY |
| Zip Code | 08226 |
| Area | Ocean City City (20508) |
| Community Name | SOUTHEND/BEACHBLOCK |
| School District | OCEAN CITY SCHOOLS |
| Elementary School | PRIMARY E.S. |
| High School | OCEAN CITY H.S. |
| Listing VS Median (in SOUTHEND/BEACHBLOCK) | |
Price: $2,690,000 low | high Med: $2,690,000 sqft: 2,148 low | high Med: 2,148 $ / sqft: $1,252 low | high Med: $1,252 On site: 19 low | high Med: 19 | |