Full 1BR suite, w/ separate bedroom w/ a king bed, living room w/ a queen sofa-bed and kitchenette, private outside balcony and centrally located in the heart of the beach and boardwalk area. Very desirable front facing unit. 2024 gross income over 31K! Onsite rental program offers nightly rentals with daily housekeeping and linen service. Biscayne Suites boasts a roof top pool and a third floor garden deck and a great rental stream for the astute investor. Being offered fully furnished, with parking. Condo fees include wireless internet, expanded cable TV and basic phone service, water, sewer, flood insurance & fire insurance and common area maintenance. Owners are required to participate in the onsite rental program. No outside rentals permitted. Biscayne Suites adheres to the City ordinance limiting owner usage to 30 nights per seasonal quarter. See seasonal quarters breakdown below: Summer June 21st to September 20th, Fall September 21st December 20th, Winter December 21st March 20th, Spring March 21st - June 20th. Please see Agent Remarks.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
Interior Features
- Cable TV
- Deck/Porch
- Elevator
- Laundromat On Site
- Outside Shower
- Patio
- Pool
- Interior Amenities: Breakfast Nook
- Furnished Description: Blinds, Furnished
Appliances
- Electric Stove
- Microwave
- Refrigerator
Other Rooms
Heating and Cooling
- Cooling Features: Central
- Heating Features: Electric, Forced Air
- Water Heaters: Electric
Exterior and Lot Features
- Cable TV
- Deck/Porch
- Elevator
- Laundromat On Site
- Outside Shower
- Patio
- Pool
- Road Frontage Type: Ave
Garage and Parking
- Parking Features: One Car Exterior Parking
Homeowners Association
- Association: Yes
- Association Fee: 359
- Association Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Other Utilities, Cable, Pool
- Calculated Total Monthly Association Fees: 359
- Pets Allowed: No pets allowed
Amenities and Community Features
- Community Features: Cable TV, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Patio, Pool
Other Property Info
- Annual Tax Amount: 1964
- Source Listing Status: Active
- County: Cape May
- Directions: 9th to left on Ocean Avenue to building on left.
- Tax Year: 2024
- Source Property Type: CONDOMINIUM
- Area: Ocean City/Central
- Property Subtype: condo
- Source Neighborhood: Ocean City/Central
- Property Location: Boardwalk Area
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 523
- Year Built: 1991
- Building Exterior Type: Vinyl
- Building Name: Biscayne Suites
- Entry Location: Water View
- Levels: One
- Property Age: 34
- Levels or Stories: Three to Five
- Year Built Details: 25+ Years
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Water Source: Public Water