A spectacular, one of a kind location is only one of the many benefits of owning in the historic Flanders complex. In addition there is an inviting heated pool, gym, on-site restaurant and a full-service concierge service to make your stay as pleasurable and carefree as possible. From an investment standpoint it would be hard to find a better rental property in all of Ocean City. Make it a point to see this fully furnished property today.
Last Agent to Sell the Property
ISLAND REALTY GROUP, LLC License #0683075 Listed on: 10/04/2014
$169,900
#24 Sifting Sands is 1st floor unit, in excellent condition, sleeping 4 people. In 2024 it grossed $14,790 in summer rentals add another $4,550 for the winter rental totaling $19,340.00. This unit has several upgrades that are reflected in the pictures. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW
Jessee Briglia Fox Real Estate-Ocean
$199,900
Unit #47 @ The "Sifting Sands" Condo/Motel. This is a 2nd floor corner unit, it sleeps 6 people, and is one of the largest and highest grossing floorplans in the building. (2024 Gross = $23,138.89). Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was
Jessee Briglia Fox Real Estate-Ocean
$179,900
RENTAL POWERHOUSE! 2023 Income was $23,623.81 ($19,423.81 summer, $4,200 winter). 2024 Income was $24,513.17 ($19,963.17 summer, $4,550 winter). After all expenses, this unit generates over $9,000, bringing in a solid 5% 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"
Jessee Briglia Fox Real Estate-Ocean
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $222,000 | None Available | |
| Deed | $204,000 | Dataquick | |
| Sheriffs Deed | -- | None Available | |
| Bargain Sale Deed | $259,000 | First American Title Ins Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,000 | New Conventional | |
| Previous Owner | $189,000 | Fannie Mae Freddie Mac |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2020 09/24/20 | Sold | $222,000 | -0.8% | -- |
| 03/12/2020 03/12/20 | For Sale | $223,900 | +9.8% | -- |
| 12/19/2014 12/19/14 | Sold | $204,000 | 0.0% | -- |
| 10/21/2014 10/21/14 | Pending | -- | -- | -- |
| 10/04/2014 10/04/14 | For Sale | $204,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,457 | $219,000 | $95,500 | $123,500 |
| 2024 | $2,457 | $219,000 | $95,500 | $123,500 |
| 2023 | $2,345 | $219,000 | $95,500 | $123,500 |
| 2022 | $2,254 | $219,000 | $95,500 | $123,500 |
| 2021 | $2,201 | $219,000 | $95,500 | $123,500 |
| 2020 | $2,142 | $219,000 | $95,500 | $123,500 |
| 2019 | $2,118 | $219,000 | $95,500 | $123,500 |
| 2018 | $2,098 | $219,000 | $95,500 | $123,500 |
| 2017 | $2,065 | $219,000 | $95,500 | $123,500 |
| 2016 | $1,986 | $219,000 | $95,500 | $123,500 |
| 2015 | $1,960 | $219,000 | $95,500 | $123,500 |
| 2014 | $1,932 | $219,000 | $95,500 | $123,500 |
Seller's Agent in 2020
Robert Gullo
Fox Real Estate-Ocean
(856) 305-2091
184 in this area
194 Total Sales
Buyer's Agent in 2020
Cheryl Huber
BHHS Fox & Roach
(609) 602-2322
220 in this area
334 Total Sales
Seller's Agent in 2014
Joseph Zarroli
ISLAND REALTY GROUP, LLC
(609) 402-8900
46 Total Sales
Source: South Jersey Shore Regional MLS
MLS Number: 437055
APN: 08-01001-0000-00010-0000-C811
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