719 E 10th St Street 301, 302, 303 Ocean City, NJ 08226

Condominium MLS #: 584297 Courtesy Of Compass Real Estate-Sea Isle

$969,900

3 beds | 3 baths
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Est. Property Tax: $7,572
Estimated monthly payments: $4,871/mo.* (recalculate)

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Amenities: Deck, Porch, Pool, Disabled Access, Elevator
  • Appliances: Dishwasher, Garbage Disposer, Refrigerator
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s), Central A/C, Zoned A/C
  • Exterior Type: Stucco
  • Heating Fuel: Electric
  • Heating System: Forced Air, Heat Pump, Zoned
  • Roof Type: Unknown
  • Rooms: Bedroom, Eat-In Kitchen, Full Bath
  • View Type: Water

MAP & DIRECTIONS

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719 E 10th St Street 301, 302, 303, Ocean City, NJ 08226
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School Information

719 E 10th St Street 301, 302, 303, Ocean City, NJ 08226

Other Nearby Schools Distance Type Grades School Rating
Ocean City High School 0.5 mi Public 9-12 B
Ocean City Primary School 0.6 mi Public PK-3 A-
Ocean City Intermediate School 1.0 mi Public 4-8 C
New York Avenue School 3.0 mi Public PK
Son Catchers Learning Center 3.2 mi Private PK-KG
Dawes Avenue Elementary School 3.5 mi Public KG-3 F
Jordan Road Middle School 3.5 mi Public 4-8 C-
Chartertech High School For The Performing Arts 3.8 mi Public 9-12 C-
Upper Township Primary School 3.9 mi Public PK-2
Upper Township Elementary School 3.9 mi Public 3-5 B-
Seaview Elementary School 4.1 mi Public PK-4 B-
Belhaven Middle School 4.6 mi Public 5-8 B-
Creative Learning Pre School 4.7 mi Private PK-KG
Mainland Regional High School 4.9 mi Public 9-12 C
William H. Ross Iii Elementary School 5.5 mi Public PK-4 A-
Eugene A. Tighe Middle School 5.6 mi Public 5-8 C+
Ventnor Elementary School 6.1 mi Public PK-4 B
Ventnor Middle School 6.1 mi Public 5-8 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Ocean City, NJ 08226

Median Age: 56.5
Married: 51%
Number of Households: 5,145
Households with Children: 20.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.