500 Bay Ave #403 South Overview
- Time on Site:
- 67 days
- Visits:
- 133
* RARE DIRECT OPEN BAY CONDO WITH PRIVATE WATERFRONT PATIO * SPECTACULAR SUNSET VIEWS * ONE BED - ONE BATH * OCEAN CITY, NJ * Welcome to 500 Bay Avenue, Unit 403 South, a truly exceptional waterfront residence in one of Ocean City's most desirable bayfront communities. This 1-Bed & 1-Bath offers an ICONIC opportunity with approximately 1,000 square feet of living space with unobstructed, multi-million-dollar open bay views that create an extraordinary coastal lifestyle. One of only six direct bayfront residences in the 60-unit South Building featuring a private waterfront patio, this coveted property delivers front-row views of breathtaking sunsets, the illuminated 9th Street Bridge, passing boats, seasonal fireworks, and Ocean City's iconic Night in Venice celebration. The bright, open-concept layout is filled with natural light and showcases stunning water views from nearly every room. Spacious living and dining areas, newer windows and exterior doors, updated mechanical systems, elevator access, and reserved COVERED parking space #99 add comfort, convenience, and long-term value. Perfectly positioned in the heart of Ocean City, this premier location places you just minutes from award-winning beaches, the Boardwalk, biking, marinas, boating, fishing, waterfront dining, shopping, entertainment, golf, and year-round attractions. Whether you're seeking a luxury second home, primary residence, retirement destination, or investment opportunity, direct open bay properties with private outdoor waterfront space remain among the most limited and sought-after offerings in Ocean City! The home is currently vacant and offering a blank canvas for the new owner to personalize, renovate, or design their ideal waterfront retreat while enjoying one of the most spectacular bayfront settings in Ocean City. Your Key to the Sea is 403! Schedule your private showing today.

500 Bay Ave #403 South Facts & Features
- Type Condo
- Sq. ft. 989
- Price/Sq.ft. $607
Details
General
Association/HOA
- Association Fee: $516.00
- Association Fee Includes: 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
- MLS Area Major: Ocean City/Bay Area
Tax Information
- Tax Annual Amount: $2,328.00
- Tax Year: 2025
General Information
- Pets Allowed: No pets allowed
- Property Sub Type: Condo
- Property Type: CONDOMINIUM
Unit Information
- UNIT LOCATION: Pool View,Water View
Interior
Building Information
- Rooms: 5
Parking Information
- GARAGE: One Car
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bedrooms Total: 1
Building Interior
- Building Area Total: 989
- COMMON AREA FEATURES: Clubhouse/Clubroom,Deck/Porch,Elevator,Outside Shower,Patio,Pool,Storage Facility
- WATER HEATER: Electric
General Information
- Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Cooling: Central
- Heating: Baseboard, Electric
- Rooms: Dining Room, Laundry/Utility Room, Recreation/Family, Primary BR on 1st floor
- Stories: One
- Stories Total: Six to Ten
Unit Information
- Unit Number: 403 South
- 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 #403 South Neighborhood
Community
08226 (OCEAN CITY) Demographics
500 Bay Ave #403 South Monthly Cost
500 Bay Ave #403 South Market Data
Based on the last 30 days in this zip code
500 Bay Ave #403 South History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: South Jersey Shore MLS | $599,999 -4.1% |
Mary Oteri Listing Agent |
| 4/23/2026Source: South Jersey Shore MLS | April 23, 2026 |
Mary Oteri Listing Agent |