500 Bay Ave #501SOcean City, NJ 08226

Condo · 2 Beds · 2 Full Baths · 1,368 Sq. ft.
$649,900 Active

500 Bay Ave #501S Overview

Time on Site:
79 days
Visits:
5

Welcome to 500 Bay Avenue! This 2 bedroom, 2 bath bayside condo offers serene bay views in the morning and spectacular sunset views at night from your very own balcony. Take a walk to the beach and boardwalk or sit on the patio and enjoy watching the boats go by. An eat-in kitchen and a dining/living room with an open floor plan perfect for entertaining friends and family. This location is convenient to all that Ocean City has to offer. The monthly association fee covers a host of amenities including: insurance, maintenance management, water, sewer, trash, cable, and use of the pool. The best way to appreciate this condo is to call for your appointment today!

Listing provided courtesy of Keller Williams Realty Jersey Shore - Ocean City- MLS# 606632MLS Provider
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500 Bay Ave #501S Facts & Features

  • Type Condo
  • Sq. ft. 1,368
  • Price/Sq.ft. $475

Details

General

Association/HOA

  • Association Fee: $727.00
  • Association Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool

Listing Information

  • Auction: No
  • Bank Owned/Foreclosure: No

Building Information

  • AGE: 25+ Years
  • New Construction: No
  • Year Built: 1977

Location/Region

  • County Or Parish: Cape May
  • LOCATION: Bay Front,Water View
  • MLS Area Major: Ocean City/Bay Area

Tax Information

  • Tax Annual Amount: $4,048.00
  • Tax Year: 2025

General Information

  • Inclusions: Blinds,Furnished
  • Pets Allowed: Yes w/restrictions
  • Property Sub Type: Condo
  • Property Type: CONDOMINIUM

Unit Information

  • UNIT LOCATION: Water View

Interior

Building Information

  • Rooms: 6

Parking Information

  • GARAGE: One Car

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1368
  • COMMON AREA FEATURES: Bulkheaded,Cable TV,Clubhouse/Clubroom,Deck/Porch,Elevator,Patio,Pool,Security,Storage Facility
  • WATER HEATER: Electric

General Information

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Cooling: Central, Electric
  • Heating: Electric
  • Rooms: Breakfast Nook, Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry, Recreation/Family
  • Stories: One
  • Stories Total: Six to Ten

Unit Information

  • Unit Number: 501S
  • Unit 3 Unit: No

Exterior

Parking Information

  • Parking Features: Off Site Parking

Lot Information

  • Water Source: Public Water

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Concrete

General Information

  • Sewer: Public Sewer

500 Bay Ave #501S Neighborhood

Community

08226 (OCEAN CITY) Demographics

57
Median Age
863
Population Density (per sq. mile)
60%
College Educated
$87,060
Estimated Median Income
3,696
Estimated Total Home Owners
1,507
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

500 Bay Ave #501S Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 Bay Ave #501S Market Data

Based on the last 30 days in this zip code

$1,796,546
Average List Price
$1,124
Average Price per Square Foot
7
Properties Sold
88
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

500 Bay Ave #501S History

Date Event Value Agent
4/12/2026Source: BRIGHT MLS Added to Database
April 12, 2026