812 Ocean Ave Unit 112 Ocean City, NJ 08226
Estimated payment $2,081/month
Highlights
- Deck
- Furnished
- Community Pool
- Ocean City Primary School Rated A
- Ground Level Unit
- 1-minute walk to North Street Playground
About This Home
Full 1BR suite, w/ separate bedroom w/ a king bed, living room w/ a queen sofa-bed and renovated kitchenette including full size refrigerator and extended granite countertop, private outside balcony and centrally located in the heart of the beach and boardwalk area. Very desirable front facing unit with views towards the boardwalk directly down Moorlyn Terrace. 2024 gross income over 26K! Owner blocked several nights for personal use otherwise income would have been higher. Onsite rental program offers nightly rentals with daily housekeeping service, linen service, parking and onsite laundry. Biscayne Suites boasts a rooftop heated pool and a third floor garden deck and a great rental stream for the astute investor. Being offered fully furnished, with parking. Condo fees include wireless internet, expanded cable TV and basic phone service, water, sewer, flood insurance & fire insurance and common area maintenance. 2024 Income/Expense Report and Seller Property Disclosure in Associated Docs. Owners are required to participate in the onsite rental program. No outside rentals permitted. Biscayne Suites adheres to the City ordinance limiting owner usage to 30 nights per seasonal quarter. See seasonal quarters breakdown below: 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,792
Year Built
- Built in 1991
Parking
- 1 Parking Space
Home Design
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Furnished
- Blinds
Kitchen
- Breakfast Area or Nook
- Stove
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Deck
- Ground Level Unit
Listing and Financial Details
- Legal Lot and Block 13-C112 / 804
Community Details
Overview
- Association fees include amenities, insurance, maintenance, management, sewer, trash, water, cable, pool
- Biscayne Suites Condos
Amenities
- Laundry Facilities
- Elevator
Recreation
- Community Boardwalk
- Outdoor Community Showers
- Community Pool
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,792 | $159,700 | $64,700 | $95,000 |
| 2024 | $1,792 | $159,700 | $64,700 | $95,000 |
| 2023 | $1,710 | $159,700 | $64,700 | $95,000 |
| 2022 | $1,643 | $159,700 | $64,700 | $95,000 |
| 2021 | $1,605 | $159,700 | $64,700 | $95,000 |
| 2020 | $1,562 | $159,700 | $64,700 | $95,000 |
| 2019 | $1,544 | $159,700 | $64,700 | $95,000 |
| 2018 | $1,530 | $159,700 | $64,700 | $95,000 |
| 2017 | $1,506 | $159,700 | $64,700 | $95,000 |
| 2016 | $1,448 | $159,700 | $64,700 | $95,000 |
| 2015 | $1,429 | $159,700 | $64,700 | $95,000 |
| 2014 | $1,409 | $159,700 | $64,700 | $95,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $365,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $205,000 | The Title Company Of Jersey | |
| Deed | $244,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $143,500 | New Conventional |
Source: South Jersey Shore Regional MLS
MLS Number: 597289
APN: 08-00804-0000-00013-0000-C112
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