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Sold for $956,000
  • $956,000

    719 E 10th St #301, Ocean City, NJ 08226

    3beds
    --sqft
    Condominium
    Built in ----
    -- sqft lot
    $832,800 Zestimate®
    $--/sqft
    $3,883 Estimated rent

    Home value

    $832,800

    $708,000 - $983,000

    $3,883/mo

    Zestimate® history
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    $6,620/mo

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    What's special

    Presenting a rare investment opportunity in Ocean City, renowned as America's Greatest Family Resort! Nestled within the esteemed Impala Suites, this condominium hotel comprises three units that can be leased individually or merged, granting flexibility and maximizing rental prospects. Together, the three units encompass 3 bedrooms, 3 full baths, and a private deck in each, accommodating over 10 guests in total. This layout is ideally tailored for families or groups seeking generous and well-appointed accommodations. The building, constructed in 2021, is under the management of an on-site property management firm, ensuring a hassle-free experience for proprietors. The management company oversees all facets of property management, encompassing rental procurement, upkeep, and reservations, thus rendering this investment opportunity truly hands-off. The previous owner effortlessly garnered $50,000 in rental revenue last year, with projections for this season already exceeding $55,000. The Impala Suites boast full occupancy throughout the summer, underscoring their popularity and potential for substantial returns. Positioned directly at the beach and boardwalk, the units offer breathtaking ocean vistas and convenient access to the pool. Distinguished from other units in the building, these residences feature a well-illuminated entry, forgoing the inconvenience of dim hallways. Seize the chance to invest in this fully furnished opportunity at Impala Suites in Ocean City, where prime location, luxurious amenities, and robust rental income potential converge seamlessly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joanne Kent 484-686-3849,

    COMPASS RE - Sic

    Bought with:

    Non-Member Non-Member

    WEICHERT REALTORS - ASBURY GROUP

    Source: CMCAOR,MLS#: 241110MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Living Room, Kitchen
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air, Electric, Ceiling Fan(s), Zoned
    Appliances
    • Included: Refrigerator, Dishwasher, Disposal, Electric Water Heater
    • Laundry: Common Area
    Features
    • Elevator, Entrance Foyer, Storage
    • Flooring: Hardwood, Tile
    • Windows: Drapes, Curtains, Shades, Blinds
    • Furnished: Yes
    • Common walls with other units/homes: End Unit,Other (See Remarks)

    Property

    Parking
    • Parking features: Garage, Attached, Assigned, Other
    • Has attached garage: Yes
    Accessibility
    • Accessibility features: Handicap Features
    Features
    • Levels: One
    • Pool features: Community
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water View,Water
    Lot
    • Features: Beach Block, Corner Lot
    Details
    • Parcel number: 25

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Elevator, Patio, Deck/Porch, Enclosed/Cov. Porch, Other
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $555 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Annual tax amount: $7,572
    • Date on market: 4/18/2024
    • Listing terms: Conventional
    • Inclusions: Drapes, Curtains, Shades, Blinds, Furniture

    Price history

    DateEventPrice
    5/31/2024Sold$956,000-1.4%
    Source: CMCAOR #241110 Report a problem
    5/15/2024Pending sale$969,900
    Source: SJSRMLS #584297 Report a problem
    5/15/2024Contingent$969,900
    Source: CMCAOR #241110 Report a problem
    4/18/2024Listed for sale$969,900
    Source: CMCAOR #241110 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 08226

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $832,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $832,800