5201 ocean avenue

Wildwood, NJ 08260

$495,000

Residential - Condo
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Status ACTIVE
MLS # 262157
County Cape May County
More Info
Category Residential - Condo
Status ACTIVE
MLS # 262157
County Cape May County
Experience oceanfront living at Ocean Towers in Wildwood Crest! This beautifully maintained first-floor beachfront condo offers direct access to the beach, oceanfront pool, and spacious sundeck, making it the perfect shore retreat or investment property. Enjoy all that Wildwood Crest has to offer while being just a short drive or bike ride from the famous Wildwood Boardwalk, restaurants, dining, and entertainment. This year-round unit is ideal as a personal getaway, full-time residence, or vacation rental. Excellent investment opportunity! The property generated approximately $30,000 in gross rental income in 2025 and is on pace to generate approximately $38,000 in gross rental income for 2026, with the season still underway. Even better, there are already three confirmed bookings for 2027 totaling approximately $7,500 in gross rental income, providing immediate future income for the next owner. Rental history and future bookings are available upon request. Ocean Towers offers amenities: gym, Hot tub, large heated pool, cabanas inside and outside the pool area. Security guards all year long. Karaoke during summer months, separate safe gated kiddie pool, gas barbecue grills. HOA includes water, sewer, flood insurance, and outside /inside maintenance. Whether you're searching for a beachfront getaway or a proven income-producing property, this Ocean Towers condo offers the perfect combination of location, lifestyle, and investment potential. Don't miss this opportunity to own a piece of the Wildwood Crest beachfront.
Listing
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Exterior Features

  • Garage Yes
  • Garage Description Garage, 1 Car, Assigned Parking
  • Water City
  • Sewer City

Interior Features

  • Appliances Range, Oven, Microwave Oven, Refrigerator, Stainless Steel Appliance
  • Heating Gas Natural, Forced Air
  • Cooling Central Air
  • Year Built 1971

Financial Information

  • Zoning BRZ

Listing Information

Listing Provided Courtesy of HOMESMART FIRST ADVANTAGE
The data for this listing came from the Cape May County MLS, NJ
Listing data is current as of 08/20/2026.

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