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Off market
  • $509,600

    501 Beach Ave #501, Cape May, NJ 08204

    --beds
    --baths
    425sqft
    Condo
    Built in 1935
    -- sqft lot
    $509,600 Zestimate®
    $1,199/sqft
    $1,651 Estimated rent

    Owner options

    List your home for rent

    $1,651/mo

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    $1,651/mo

    Rent Zestimate®

    Refinance and save

    $3,092/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $3,092/mo

    Est. payment

    What's special

    Complete info: http://501beachavenuemarquisdela.ePropertySites.com - Own a piece of history that pays now in the future. The Marquis de Lafayette hotel offers furnished units w/full views of the sky, sea & sand from your oceanfacing balcony & your room. Own a condo offering terrific amenities outdoor pool w/poolside lounge, a restaurant, full maid service, laundry facility, meetingroom, parking none of the maintenance associated w/ownership. Perfect for personal use & managed as a hotel every day of the year by your 24 hourstaff. Talk about a hassle-free investment. New usage rule going into place for 2008. Owners have unlimited use of their rooms at a cleaning fee of $25. a day from October 1st to June 14th. Duringpeak season June 15th to September 30th owners stay 14 days (for the $25 cleaning fee) if they stay beyond that, they pay half the rack rate. As a roomowner you are a part of the condominium association restaurant, 2 bars, pool, hotel common areas such as hallways, front entryway etc.. This complex wascompletely renovated in 2004 including new windows, siding, doors, bathrooms, interior exterior painting & much more The prices of these units have risensteadily since the renovation.

    Facts & features

    Interior

    Interior area
    • Total interior livable area: 425 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 1.74 Acres
    Details
    • Parcel number: 02010470000000010000C501

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1935

    Community & neighborhood

    Location
    • Region: Cape May
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $509,600
    2% more+$10,192
    With Zillow Showcase(estimated)$519,792