14-840 Ocean Ave, Ocean City, NJ

Name: 14 - 840 Ocean Ave, For Sale in Ocean City - eXp Realty
Brand: Fox Real Estate-Ocean
SKU: 607900
Price: 179900 USD

Condo

For Sale

Listed price in listed location currency (USD).

$179,900

100

MLS® 607900

Key Facts
Description
Map

Key Facts

Type Condominium

Levels Residential

Size -

Garage

HOA Fees $375

Taxes $773

Days Active 0

Approx. Age

MLS® Number 607900

Property Address: 14-840 Ocean Ave, Ocean City, NJ, 08226-3621

Average square foot calculated using Size range provided by listing agent.

Description

RENTAL POWERHOUSE! 2023 Income was $23, 623.81, 2024 Income was $24, 513.17, 2025 Income was $25, 746 ($21, 196.72 summer, $4, 550 winter). After all expenses, this unit generated $9, 468.99 in 2025 net profits, generating a 5.25% return on invested dollars with a cash purchase, before factoring in tax write-offs and increased value due to inflation & market conditions. Unit #14 @ The "Sifting Sands" Condo/Motel. 100% gutted, remodeled, improved & refurnished 2023, all new interior.. New "All-in-One" Kitchen, micro, frig/freezer, paint, window blinds, 40" wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Toilet. Sale inc. all-new pots, pans, kitchen supplies. Tiled throughout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo/motel ownership in '04. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15-Oct 30) guarantees "hands off & hassle free" income. Convenient 1st floor location. Building open year 'round. Block off some personal usage between rentals in the summer for your own usage (21 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w/minimal annual fee), bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo +/-), property taxes & interior contents/liability insurance ($500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Call Listing Agent for details & questions on personal usage & the Rental Program. The Motel is in full operation - All showings will be in-between Guests.

MLS® Number607900

Locker

Ensuite Laundry

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Furnished

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Exterior

Garage

Approx. Age

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Pets

Included in Maintenance Fee

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Condo Taxes

Cable TV

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Parking Maintenance

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Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 15, 2026List Date

$179,900List Price

Commute

Commute

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Destination Address

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