Biscayne Suites Condos. All of Them.

Fresh from the MLS, Biscayne Suites Condos

$899,900
2 Beds 2 Baths 740 SqFt. 601138 MLS 340 DOM ACTIVE Status Biscayne Suites BLDG.
DO THE MATH! This money-maker generated a 5.17% Cap Rate in 2025 and averages over $75,000 annually in gross income! Net income 2025 after all expenses was $46,540. The "Presidential Suite" at Biscayne Suites is the crown jewel of this 64-unit condo/hotel complex. It’s the ONLY 2-bedroom, 2-bathroom unit, and is the most sought after and advanced-reserved unit in the building (over 95% booked already for 2026). Capable of accommodating up to 8 guests with 2 roll-away beds (the 1BR units sleep 4 to 5 people). It is by far the top rental performer in the building - all the 1BR units average @$28,000+/- annually. The fully remodeled interior boasts a full kitchen with full-sized appliances, as well as being the ONLY unit with its own washer and dryer (others use coin-operated facilities). Features include extensive woodworking, recessed lighting with crown moldings, textured acrylic walls, ceiling fans, and a padded dining booth. Offered fully furnished. It’s outfitted with 3 TVs, a stereo/DVD player, an electric fireplace, a king bed, a queen bed, and a queen sleeper sofa. Biscayne Suites offers Ocean City's only rooftop pool with a stunning sun deck and breathtaking ocean and bay views. The on-site front desk and year-round staff and housekeeping ensure seamless operations, making this one of Ocean City's premier condo/hotels. Loyal guests return year after year. This unique property is ideal for investor-owners looking to benefit from high demand and desirability. The required front desk’s summer rental program provides consistent, hassle-free income, yet allows generous personal owner use in-season, and unrestricted personal use off-season. The Condominium Association is stable, well-managed, well-funded, and financially secure—details are available from the listing agent.

820 Ocean Ave. #115 Unit #115, Ocean City

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Ocean City NJ 08226

Biscayne Suites Condos for Sale

Turnkey suites with an on-site rental program in the heart of Ocean City, live from the MLS.

Living in Biscayne Suites

Biscayne Suites occupies 812 to 820 Ocean Avenue in the center of Ocean City, a short walk from the beach, the boardwalk and the downtown shops and restaurants. It is a condo-hotel, and that word carries real weight here: every owner participates in the on-site rental program, outside rentals are not permitted, and when you buy a unit you inherit the reservations already on its calendar. That language goes into the contract as an addendum, so none of it is a handshake. Understand it going in and this is one of the most genuinely hands-off ways to own at the shore.

The ownership terms follow from that. Owner use is limited to 30 nights per seasonal quarter under city ordinance, and the quarters are defined on the solstice and equinox — summer runs June 21 to September 20, with fall, winter and spring following the same pattern. There is a one-time working capital buy-in due from the buyer at closing, and the rental program takes a commission on bookings plus a per-occupied-day housekeeping charge and an annual fee for replenishing room standards. It is a business with a beach attached, and the buyers who do well here treat it that way.

The suites themselves are consistent one-bedroom layouts sold fully furnished and equipped: a king in the separate bedroom, a queen sofa bed in the living area, a kitchenette with a full-size refrigerator and extended counter, and a private balcony. Corner and end units run larger than interior ones and pick up extra windows, which makes a real difference in light and in what guests are willing to pay. Front-facing units look down Moorlyn Terrace toward the boards. Ask which position you are buying, because in a building of near-identical floor plans that is most of the variation there is.

Shared amenities run to the largest heated rooftop pool on the island, with ocean and bay views from the deck, plus a third-floor garden deck, a staffed front desk, an elevator, covered off-street parking, on-site laundry, vending and ice. The condo fee covers essentially everything except your own electric — internet, expanded cable, phone, water, sewer, flood and fire insurance, and common area maintenance. If you are shopping the condo-hotel category rather than ordinary condos, the other three in town are Watson's Regency, The Flanders and Beach Club Suites. Those four should be compared against each other, not against the rest of the Ocean City condo market.

Checkout Optional.

You own the room.

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Joe Wiessner, Broker, Joe Wiessner Realty

A Shore Thing

Joe Wiessner

Broker · Joe Wiessner Realty™

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