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221 Limpet Dr #221, Ocean City, NJ, 08226

2beds
2baths
1,005sqft
$629,900
$627price/sqft
$4,099/moest. monthly cost
$163,960/yrincome needed

About This Home

BAY VIEWS and Coastal Living!! Tucked away Ocean City's southend, enjoy the serenity of the bayside Bluewater Condominium complex. This 2 bedroom, 2 bath condo is situated just 3 units in from bayside end of building and offers generous water views (awning installed 2025. You'll be just steps away from the community marina and clubhouse...bring your boat and your fishing rods!! On summer days, enjoy your morning coffee on your bayside deck while taking in the view. When the cool nights arrive? Cozy up and sip cocoa by your built-in fireplace. The back deck offers a bit of green grass and quiet space. This complex offers and in-ground pool and tennis court. Enjoy the rhythm of New Jersey's favorite shore town...a vibrant summer community which then takes on that welcome peaceful vibe as the seasons change. Both bedrooms and one of the full baths are located on the first floor. Living room and dining area are one flight up. Two parking spaces (one covered) with a storage unit are at ground level. The owners have been meticulous in their care of their Ocean City home. An itemized list of upgrades with dates (and the contractors used) are available upon request. Low HOA fees and low taxes. Unit is vacant and easy to show!!

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

6/10
8/10
Ocean City High SchoolGrades 9-123.7 mi
7/10
Ocean City Primary SchoolGrades PK-33.6 mi

Construction

Condition

  • Year built: 1981

Materials

  • Construction materials: Vinyl Siding,Batts Insulation

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Cooktop,Refrigerator,Washer,Gas Water Heater
  • Laundry features: In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,005

Heating & Cooling

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

Interior Area

  • Total structure area: 1,005
  • Total interior livable area: 1,005 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 080350900001C221
  • Attached to another structure: Yes
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Exterior features: Tennis Court(s)
  • Has view: Yes
  • View description: Marina
  • Water view: Marina
  • Waterfront features: Bayfront,Ocean

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Attached Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Strong Wind
Hurricane
Inland Flooding
Wildfire
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,185$38,220
Home Insurance *$128$1,536
Property Taxes $593$7,116
Electricity $193$2,318
Total$4,099$49,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,537/yr
40% on housing$122,970/yr
45% on housing$109,306/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$627This listing

vs Other Active Listings

Avg $/sqft

ZIP 08226$1,072
Cape May County$617

vs Homes Sold Last Month

Median $/sqft

ZIP 08226$905
Cape May County$460

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Price change$629,900
2026-03-20Listed for sale$644,900
1998-06-02Sold$110,000

For Sale by Agent

AgentAngela Desch
BrokerageKeller Williams Realty - Wildwood Crest

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