719 E 11th St Unit 810, Ocean City, NJ 08226

Property Info

Remarks

Experience the best of Ocean City living in this beautifully maintained 1-bedroom, 1-bath condo at the iconic Flanders Condominium Hotel, ideally located directly on the boardwalk and just steps from the beach. Situated on a high eighth floor, this inviting residence offers a bright, open layout with peek-a-boo ocean views and a comfortable setting for relaxing beach getaways. The thoughtfully updated interior features stylish white shaker cabinetry, granite countertops, a tiled backsplash, an updated bathroom, and newer furnishings. Whether you're searching for your own coastal retreat, a convenient vacation getaway, or an investment property, this condo presents an exciting opportunity. The unit has a strong rental history and income potential, making it an attractive option for both personal enjoyment and investment. Owners and guests enjoy an exceptional array of resort-style amenities, including a heated pool, fully equipped fitness center, on-site restaurant, gift shop, banquet center, coffee shop, and luxurious salon and spa. Professional on-site management and concierge services provide the convenience of hotel living in an ownership setting. The Flanders is one of Ocean City's most recognizable and historic landmarks, having been part of the city's skyline for more than 100 years. With its boardwalk-front location and renowned hospitality, the Flanders combines classic Ocean City tradition with modern convenience. Enjoy the sand, surf, boardwalk, dining, entertainment, and everything else Ocean City has to offer-all right outside your door. A rare opportunity to own a turnkey beach retreat in one of Ocean City's most iconic oceanfront buildings. Flanders Ownership & Rental Restrictions: Rentals: All rentals must be handled through The Flanders' on-site rental program. Outside rental arrangements are not permitted. Year-round residency: Permanent, year-round residency is not permitted. Owner usage: City ordinance limits owner occupancy to 200 nights per year, with no more than 120 consecutive nights. If enrolled in the rental program: Owner use from mid-June through Labor Day is limited to 14 nights, plus an additional 186 nights during the remainder of the year: subject to the 120-consecutive-night maximum. If not enrolled in the rental program: Owners may use the property for any 200 nights per year, subject to the 120-consecutive-night maximum. Working Capital Buy-In: $1,312.00 is due from the buyer at closing. Associated documents: Seller Property Disclosure, Lead-Based Paint Disclosure, and income/expense reports are available in the associated documents. Also see agent remarks: