840 Ocean Unit 24
Ocean City, NJ 08226
- 1 bed
- 1 bath
- – sqft
#24 Sifting Sands is 1st floor unit, in excellent condition, sleeping 4 people. In 2024 it grossed $14,790 in summer rentals add another $4,550 for the winter rental totaling $19,340.00. 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 (14 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 WITHTHIS. 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. Note: as of 5/25 no financing is available on this property. It is below the current lending sq.ft . minimum size requirement of 300 sq.ft. minimum.
Last checked:
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Last updated May 21, 2025
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MLS# 596450 —
The Building
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New Construction:no
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Style:converted motel
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Unit Location:first floor
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Siding/Exterior:concrete, masonry/block, steel, stucco
Interior
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Unit Features:pets allowed
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Included:blinds, furnished
Location
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Latitude:39.277552
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Longitude:-74.573525
The Property
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Location:corner
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Block #:804
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Lot #:17-C24
Listing Agent
- Contact info:
- Office phone:
- (609) 399-5377
Heating & Cooling
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Heating:electric, space/wall/floor
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Air Conditioning:electric, wall unit(s)
Utilities
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Water:public water
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Sewer:public sewer
Appliances
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Appliances:electric stove, microwave, refrigerator
The Community
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Adult Community/55+:No
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Common Area Features:cable TV , pool
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Pets:yes with restrictions
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Pets Allowed:One
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Association Fee Includes:amenities, insurance, maintenance, management, sewer, trash, water, other utilities, Hot Water, Cable, Pool
Parking
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Parking Exterior:One Car
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Garage:None
Monthly cost estimate
Asking price
$169,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$909
|
| Taxes | $73 |
| Insurance | $46 |
| Utilities | N/A |
| Total | $1,028/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/21/25
May 21, 2025
|
Listed / Active | SJSRMLS | $169,900 | |
|
9/4/18
Sep 4, 2018
|
Listed / Active | SJSRMLS | ||
|
2/14/18
Feb 14, 2018
|
Listed / Active | SJSRMLS |
