Here is the Investment Opportunity that you've been waiting for! Extra large beach block condominiums with pools are in short supply in Wildwood. There is a SUPER STRONG multi-year rental history with rental income exceeding $60,000 and even $70,000 each summer. This 4 Bedroom plus "loft/den/5th bedroom" condominium is set up to sleep 14. Prime time summer weeks rent for more than $5,000 each. It is near the Wildwood/North Wildwood border and less than one block from Beach/Boards/Ride Piers. This is the largest unit in the association of 12 units, and the only one with a very large private roof top deck. Enjoy TWO Private Decks with Ocean and Boardwalk Views here. This is a Fabulous Turn-Key Opportunity in a well managed building with a financially sound association. This is a "family only" rental building, strictly enforced. All owners are current with dues and there are healthy reserves. This unit will be transferred furnished less personals with very few exceptions. All the most requested amenities are here - an association managed and maintained heated pool and gas grills, a private garage storage room for beach gear, two reserved garage parking spaces, an outdoor hot/cold shower, a fenced back yard. Condo dues cover common area insurances, utilities, and building maintenance; trash/recycling services; landscaping; grill and pool maintenance; and an extra amount that is banked for future repairs.
Off market
Zestimate®
$638,100
310 E Magnolia Ave #B, Wildwood, NJ 08260
4beds
1,809sqft
Condominium
Built in 2005
-- sqft lot
$638,100 Zestimate®
$353/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 06, 2020 at 01:22pm
Listed by:
Diane Herman 973-865-4258,
DON MARTIN REALTY, INC
Bought with:
Diane Herman, 0683494
DON MARTIN REALTY, INC
Source: CMCAOR,MLS#: 203812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Range, Oven, Self Cleaning Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Gas Water Heater
- Laundry: Laundry Room
Features
- Flooring: Hardwood, Carpet, Tile
- Windows: Drapes, Shades
- Furnished: Yes
- Common walls with other units/homes: No One Above
Interior area
- Total interior livable area: 1,809 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Garage, 2 Car, Assigned, Concrete, Shared Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Entry location: Top Floor
- Pool features: Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water View
Lot
- Features: Beach Block
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: City, Public Sewer
- Water: City, Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Fenced Yard, Outside Shower
Location
- Region: Wildwood
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $513 quarterly
Other
Other facts
- Listing terms: Conventional
Sell for more on Zillow
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$638,100
2% more+$12,762
With Zillow Showcase(estimated)$650,862