Cape May Real Estate and Vacation Rentals Coastal Marketing Group | RE/MAX Surfside
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310 E Magnolia Avenue, Unit Numbers B, Wildwood

SOLD | $439,000 | 12/04/20

Description

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.

Features

  • Living Room

  • Dining Room

  • Kitchen

  • Laundry/Utility Room

  • Loft

  • Great Room

  • Range

  • Oven

  • Self-Clean Oven

  • Microwave Oven

  • Refrigerator

  • Washer

  • Dryer

  • Dishwasher

  • Disposal

  • Smoke/Fire Detector

  • Heat Fuel:Gas Natural

  • Heat Fuel:Forced Air

  • Water Heater:Gas

  • Auto Door Opener

  • Garage

  • 2 Car

  • Assigned Parking

  • Concrete Driveway

  • Shared Driveway

  • Cooling:Central Air

  • Cooling:Ceiling Fan

  • City

  • Public

Location

 

Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY DON MARTIN REALTY, INC. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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609-884-4242315 Ocean Street, Suite 24, Cape May, NJ 08204
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