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Listed price in listed location currency (USD).
$185,000

010

MLS® 602511

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage No
Maintenance Fees $400
Taxes $675
Days Active 139
Approx. Age 
MLS® Number 602511

Property Address: 402-807 E 8th St, Ocean City, NJ, 08226-3747

Average square foot calculated using Size range provided by listing agent.

Description

Don’t miss this fully furnished studio in the Hanscom, just steps from the beach! Rented year-round, it generated nearly $36, 000 in gross income in 2024 and over $25, 000 in 2025, making it one of the building’s most profitable rentals. The studio is a well-known rental in the building, with a dedicated website that drives strong traffic and generates consistent inquiries and bookings - a benefit a new owner could immediately take advantage of. Inside, it features original flooring, a new AC, full bathroom, kitchenette, dining area, and storage closet, creating a low-maintenance beachside retreat. The building offers a lobby, sitting area, elevator access, on-site laundry, and private storage for each unit. A low HOA fee covers utilities, building amenities and maintenance, insurance, and WiFi, with electric as the only separate expense. This is a cash-only purchase, as financing is not available. Conveniently located within walking distance of Sundae’s Ice Cream Shop, bike rentals, the OC Waterpark, shops, dining, and the boardwalk, this studio is ready to provide dependable rental income or serve as your own vacation getaway.
MLS® Number602511
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Nov 19, 2025List Date
$185,000List Price
  • Commute

Commute

Starting Address
Destination Address
807 E 8 Th St, Ocean City, NJ

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