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For sale
  • Price cut: $25.1K (8/2)
    $574,900

    500 Bay Ave APT 403, Ocean City, NJ 08226

    1beds
    989sqft
    : 
    $3,960/mo
    Get pre-qualified
    Condominium
    Built in 1977
    -- sqft lot
    $562,600 Zestimate®
    $581/sqft
    $516/mo HOA

    What's special

    Filled with natural lightNewer windowsBreathtaking panoramic water viewsOpen-concept floor planExterior doors
    *OPEN HOUSE SAT 10AM - NOON * REDUCED $25,000 * RARE DIRECT OPEN BAY CONDO WITH PRIVATE WATERFRONT PATIO * SPECTACULAR SUNSET VIEWS * 500 BAY AVE, OCEAN CITY, NJ * Welcome to 500 Bay Ave, 403 South, a wonderful bayfront condominium community in Ocean City, NJ. Offering approximately 1,000 square feet, this spacious 1-bedroom, 1-bath residence is one of only six condos in the South Building with a direct private waterfront patio overlooking the open bay. Wake up to breathtaking panoramic water views and spend every evening watching spectacular sunsets paint the sky over the bay. Enjoy front-row seats to the illuminated 9th Street Bridge, passing boats, seasonal fireworks, and Ocean City's famous Night in Venice celebration...all from the privacy of your own waterfront patio. This is the coastal lifestyle buyers dream about! Filled with natural light, the open-concept floor plan showcases unobstructed bay views from nearly every room and offers endless possibilities to personalize, renovate, or create your own luxury waterfront retreat. Recent improvements include newer windows, exterior doors, updated mechanical systems, appliances, elevator access, and a reserved covered parking space (#99), providing comfort, convenience, and exceptional value. Buy with confidence knowing the association has completed significant capital improvements, including North & South Building new roofs, bulkhead reinforcement, parking garage upgrades, building facade improvements, and balcony inspections. Located in one of the Jersey Shore's premier bayfront communities, residents enjoy easy access to Ocean City's award-winning beaches, the world-famous Boardwalk, downtown shopping and dining, boating, fishing, marinas, waterfront restaurants, biking, parks, and year-round family attractions. Whether you're looking for a primary residence, vacation home, second home, retirement retreat, or investment property, this lock & leave condo is ready for immediate occupancy! Your key to the sea is 403! Call today to schedule your private showing.
    45 days
    |
    883
    |
    24
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Oteri 856-366-9577,

    BHHS FOX and ROACH-Simpson OC,

    Stephen Christopher Oteri 856-220-7665

    Source: SJSRMLS,MLS#: 609471MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Dining Room, Laundry, Recreation/Family
      Heating
      • Baseboard, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Master Bath, Walk in/Cedar Closet
      • Has fireplace: No
      Interior area
      • Total structure area: 989
      • Total interior livable area: 989 sqft

      Property

      Parking
      • Parking features: Off Site, Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Patio & porch: Deck/Porch, Patio
      • Pool features: Community
      • Has view: Yes
      • View description: Bay, Pool, Water
      • Has water view: Yes
      • Water view: Water View
      • Waterfront features: Bay Front
      • Frontage type: Bay/Harbor
      Details
      • Additional structures: Storage Facility
      • Parcel number: 6

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete
      Condition
      • New construction: No
      • Year built: 1977

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Clubhouse, Deck/Porch, Elevator, Outside Shower, Patio, Pool, Storage Facility
      • Subdivision: 500 Bay
      HOA
      • Amenities included: Clubhouse/Clubroom, Deck/Porch, Elevator, Outside Shower, Patio, Pool, Storage Facility
      • Services included: Insurance, Maintenance, Management, Sewer, Trash, Water, Cable TV, Pool
      • HOA fee: $516 monthly
      Location
      • Region: Ocean City

      Financial & listing details

      • Price per square foot: $581/sqft
      • Annual tax amount: $2,328
      • Date on market: 7/2/2026
      • Date available: 07/02/2026

        Estimated market value

        $562,600

        $534,000 - $591,000

        $3,144/mo

        Price history

        DateEventPrice
        8/2/2026Price change$574,900-4.2%$581/sqft
        Source: SJSRMLS #609471 Report a problem
        7/2/2026Listed for sale$599,999$607/sqft
        Source: SJSRMLS #609471 Report a problem
        7/2/2026Listing removed$599,999$607/sqft
        Source: SJSRMLS #607074 Report a problem
        6/18/2026Price change$599,999-4.1%$607/sqft
        Source: SJSRMLS #607074 Report a problem
        4/23/2026Listed for sale$625,777-9.3%$633/sqft
        Source: SJSRMLS #607074 Report a problem
        5/1/2024Sold$689,900$698/sqft
        Source: SJSRMLS #583257 Report a problem
        4/11/2024Pending sale$689,900$698/sqft
        Source: SJSRMLS #583257 Report a problem
        3/18/2024Listed for sale$689,900-16.4%$698/sqft
        Source: SJSRMLS #583257 Report a problem
        1/6/2023Listing removed--
        Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem
        7/18/2022Listed for sale$824,900+217.3%$834/sqft
        Source: SJSRMLS #565229 Report a problem
        11/4/2016Sold$260,000$263/sqft
        Source: SJSRMLS #461812 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08226

        Getting around

        57 / 100
        Somewhat Walkable
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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