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840 Ocean Ave #24Ocean City, NJ 08226

Condo · 1 Bed · 1 Full Bath
$179,900 Active

840 Ocean Ave #24 Overview

Time on Site:
3 days
Visits:
3

#24 Sifting Sands is 1st floor unit, in excellent condition, sleeping 4 people. In 2025 it grossed $15,173 in summer rentals add another $4,550 for the winter rental totaling $19,723.00. This unit has several upgrades that are reflected in the pictures. Sifting Sands has been one of Ocean City's last-operating Iconic Center-City Motels, in operation every summer since 1964. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! The complex was remodeled & converted to condo/motel ownership in 2004. Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15 -Oct) guarantees hands off & hassle free income. Building open year 'round. Block off some personal usage between rentals in the summer (21 days max) and off season (Nov 1 - April 15) there are no usage restrictions - available for your use or rent by owner at your pleasure off-season. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water/sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car, bldg. insurance ( fire & flood), exterior maintenance. Owner pays own electric bill ($100/mo+/-), property taxes & interior contents/liability insurance (@$500/yr +/-). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Take a real good look.....where else in OC can you get an apartment that sleeps 4 with a pool this close to the ocean and boardwalk at this price? Call Listing Agent for details & questions regarding personal usage & the Rental Program. The Motel is in full operation, so all showings have to be in-between Guests.

Listing provided courtesy of Fox Real Estate-Ocean- MLS# 609306MLS Provider
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840 Ocean Ave #24 Facts & Features

  • Type Condo

Details

General

Association/HOA

  • Association Fee: $375.00
  • Association Fee Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Other Utilities, Hot Water, Cable, Pool

Listing Information

  • Auction: No
  • Bank Owned/Foreclosure: No

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: Cape May
  • LOCATION: Corner
  • MLS Area Major: Ocean City/Central

Tax Information

  • Tax Annual Amount: $906.00
  • Tax Year: 2025

General Information

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

Unit Information

  • UNIT LOCATION: First Floor

Interior

Building Information

  • Rooms: 3

Parking Information

  • GARAGE: None

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bedrooms Total: 1

Building Interior

  • COMMON AREA FEATURES: Cable TV,Pool

General Information

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Cooling: Electric, Wall Units
  • Heating: Electric, Space/Wall/Floor
  • Stories: One
  • Stories Total: Two

Unit Information

  • Unit Number: 24
  • Unit 3 Unit: No

Exterior

Parking Information

  • Parking Features: One Car

Lot Information

  • Water Source: Public Water

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Converted Motel
  • Construction Materials: Concrete, Masonry/Block, Steel, Stucco

General Information

  • Sewer: Public Sewer

840 Ocean Ave #24 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.

840 Ocean Ave #24 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.

840 Ocean Ave #24 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

840 Ocean Ave #24 History

Date Event Value Agent
6/27/2026Source: South Jersey Shore MLS Added to Database
June 27, 2026