901 Ocean #316 Active Save Request In-Person Tour Request Virtual Tour
Ocean City,NJ 08226
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
MLS Listing ID 599938
Bedrooms 1
Full Baths 1
Year Built 1989
Annual Tax Amount $3,224
Tax Year 2025
Property Sub-Type Condo
Property Description
Watson's Regency boasts the only indoor pool in Ocean City. This large suite (715 sq. ft.) includes an outside balcony. It is located on the 3rd floor and is complete with a living room with a queen sofa bed, full kitchen, dining area seating six, large bath and a separate bedroom with a queen bed. Many upgrades over the past three years include a new air conditioner, new sleeper sofa, two recliner chairs, dishwasher, two TV's and wall mural. Just steps from the beach and boardwalk, the front desk rents your suite on a nightly basis and offers daily housekeeping to your guests. Don't miss this one make arrangements to see it now. Condo fees include cable TV, WiFi, basic phone service, water, sewer, flood insurance, hazard insurance & common area maintenance. Watson's boasts one of the island's best rental addresses, too...if high investment income is what you are after, look no farther. 2024 and YTD 2025 income/expense reports in Associated Docs. 2024 gross income was over 21K (would have been higher had owner not blocked out two prime weeks for personal usage). Enjoy private covered parking. All owners must participate in the onsite Watson's Regency rental program (no outside rentals permitted). Owner usage is limited to 30 nights per seasonal quarter. See breakdown below of seasonal quarters: Summer – June 21st to September 20th, Fall – September 21st – December 20th, Winter – December 21st – March 20th, Spring – March 21st - June 20th. Please see Agent Remarks. Onsite Rental Management fee is 22% of the gross rental income plus $27.00 per occupied day for the maid service. Seller Property Disclosure in Associated Docs.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Beach Block,Boardwalk Area
Rooms
Other Rooms Dining Area
Interior
Heating Electric,Forced Air
Exterior
Exterior Feature Masonry/Block
Parking Features None
Building
Story Three to Five
Unit Location Pool View
Sewer Public Sewer
Water Public Water
Others
Senior Community No