Refine Search
Sort by
$899,900
2 Beds 2 Baths 740 SqFt. 601138 MLS 342 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

$339,900
1 Beds 1 Baths 565 SqFt. 597984 MLS 432 DOM ACTIVE Status Biscayne Suites BLDG.
"Biscayne Suites" Unit #201 - Remarkable investment property with consistent cash flow in a well-managed, well-funded building. Ocean City's only rooftop pool! Center City location puts you and your guests right in the middle of all the action....beach, boardwalk, Asbury Avenue shopping all within ez walking distance. On-Site required front desk rental program ensures a hassle-free, "hands-off" management and investment property. 2024 gross income $24,288. 2025 gross income was $26,195. Unit #201 boasts new TV's in both the LR and BR and new LR furniture. #201 is an END UNIT which affords not only more square footage....but added windows and light as well. An extra set of windows in both the living room and the bedroom. Spacious balcony. Being sold fully furnished and equipped. Shown by appointment, call front desk!

820 Ocean Ave Unit #201, Ocean City

$337,000
1 Beds 1 Baths 520 SqFt. 610930 MLS 28 DOM ACTIVE Status Biscayne Suites BLDG.
BISCAYNE SUITES is a fully managed hands free investment/ family vacation destination! The largest heated rooftop pool on the Island and amazing SUN DECK offer views and relaxation. This Oversized 1 Bedroom features King Bed, PRIVATE BALCONY, Laminate flooring, Recessed lighting, spacious living room with pull out Sofa and flat screen TV. Building Amenities include On Site front desk, ELEVATOR, Covered Parking, Onsite Laundry, Vending and Ice Machines--all in the HEART of Ocean City!! Walk to the award winning Beaches, Boardwalk, Ice Cream, Restaurants, and Downtown Shopping. Owners enjoy the convenience of an exclusive on-site rental program and 30 day owner usage per seasonal quarter. Fully Furnished and Turn key.

812-20 Ocean Ave Unit #216, Ocean City

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than ThinkW Real Estate are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

Information is deemed accurate but not guaranteed.

Copyright 2019 South Jersey Shore Regional Multiple Listing Service.

All rights reserved.