On the BEACH in Wildwood Crest! This is a 4th floor unit at The Madrid, an OCEANFRONT building! The Madrid offers a large, heated pool with patio / BBQ area, sun deck, laundry facilities, assigned parking, elevator, and an onsite restaurant (Sun Dog on the Beach Eatery!). Unit 402 is well maintained and has tile flooring throughout, modern kitchen with custom backsplash, spacious bedroom, and beautiful Ocean Views! Condo fee includes master liability, fire and flood insurance, water, sewer, and common area maintenance and utilities. Over the past few years, the Madrid has had a new roof, new elevator, remodeled office, new support beams, new railings, new pool piping & painting. The constant upkeep to the building ensures its security and value! While there is $100k+ in the condo reserve fund there could be a potential of a future assessment, the board is still assessing what can be paid out of the reserve vs initiating an assessment for repairs. The seller is offering a $5,000 credit at closing towards the potential of any future assignments. The seller has owned this condo for 9 years. The condo fee has not changed during that time and there has only been 1 assessment which was $3k per unit.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
