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4301 Central Ave Floor 1, Ocean City, NJ, 08226

5beds
4baths
2,148sqft
$2,999,000
$1,396price/sqft
$18,337/moest. monthly cost
$733,480/yrincome needed

About This Home

Oceanfront Southend location • 5 bedrooms • Covered private decks • Ocean view primary suite • No HOA • Fully furnished • Proven rental income Wake up to the sound of the ocean and enjoy coastal living from this first-floor oceanfront condo at 4301 Central Ave in Ocean City’s sought-after Southend. Positioned on the corner of 43rd Street and Central Avenue, this spacious 5-bedroom, 3.5-bath residence combines the comfort of a large shore home with the flexibility of a proven income-producing property. Multiple covered private decks create inviting outdoor spaces for morning coffee, afternoon shade, or evenings spent enjoying the ocean breeze, while the private balcony off the primary suite captures water views and adds a quiet retreat away from the main living areas. Inside, approximately 2,148 sq ft of living space offers room for gathering, entertaining, and accommodating guests throughout the season. The main living area centers around a gas fireplace and flows into an eat-in kitchen with center island and adjacent dining area, creating an open, functional layout designed for shore living. Interior finishes include vinyl plank flooring, tile, and wall-to-wall carpet, along with a walk-in closet and fully furnished interiors that allow for immediate enjoyment from day one. Additional exterior features include an outdoor shower, storage space for beach gear, a 1.5-car attached garage, and two assigned parking spaces. The co-ownership structure carries no monthly association fee, an increasingly rare advantage for an oceanfront property in Ocean City. Located directly along the beach in Cape May County, this Southend location places you close to some of Ocean City’s most desirable stretches of shoreline while offering strong rental appeal. Weekly summer rentals are already in place, with historical annual rental income averaging approximately $110,000–$120,000, making this an exceptional opportunity for both personal enjoyment and investment potential.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

6/10
8/10
Ocean City High SchoolGrades 9-124.0 mi
7/10
Ocean City Primary SchoolGrades PK-34.0 mi

Construction

Condition

  • Year built: 1990

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Self Cleaning Oven,Microwave,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • Partial bathrooms: 1

Features

  • Window features: Blinds
  • Fireplace: Yes
  • Common walls with other units/homes: No One Below

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 2,148 sqft

Property

Features

  • Levels: One
  • Entry location: First Floor
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water View
  • On waterfront: Yes
  • Waterfront features: Beach Front,Waterfront

Lot

  • Features: Corner Lot,Island

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,Garage,Parking Pad,3 Car,Attached,Assigned,Concrete
  • Has garage: Yes
  • Has uncovered spaces: Yes