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4301-03 Central Avenue , 1ST FLOOR

OCEAN CITY, NJ 08226
  • $2,950,000
  • STATUS: Active
  • ON SITE: 93 Days
  • ID#: NJCM2007256
UPDATED: 69 min ago
$2,950,000
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,148
    SQFT
  • $1,373
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1990
County:

School Ratings & Info

School District:

Description

Oceanfront Southend location • 5 bedrooms • Covered private decks • Ocean view primary suite • No HOA • Fully furnished • Proven rental incomeWake 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.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Charles Graef Home Selling Team | REMAX Associates. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-09T13:53:25.173.
www.searchalldelawarerealestate.com/homes/176215039
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4301-03 Central Avenue , 1ST FLOOR OCEAN CITY, NJ 08226

  • Price: $2,950,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 69 min ago
  • ID#: NJCM2007256
5
Beds
3
Baths
1
½ Baths
N/A
Acres
2,148
SQFT
$1,373
$/SQFT
1990
Built
Neighborhood:
Southend/Beachblock
County:
Cape May
Area:
Ocean City City (20508)
School District:
Ocean City Schools
Property Description
Oceanfront Southend location • 5 bedrooms • Covered private decks • Ocean view primary suite • No HOA • Fully furnished • Proven rental incomeWake 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.
Exterior Features

Architectural Style Coastal Assigned Parking Spaces 3 Construction Materials Vinyl Siding Exterior Features Exterior LightingStreet LightsUnderground Lawn SprinklerOutside ShowerSidewalks Fencing VinylPartially Garage Spaces 1.00 Garage Type Garage - Front EntryGarage Door OpenerInside Access Garage YN Yes Location Type Oceanfront Lot Features BulkheadedCornerFlood PlainLevelRoad FrontageSideYard(s)Rear YardFront Yard Parking Features AssignedConcrete DrivewayPrivate Parking Types Attached GarageDriveway Pool No Pool Road Responsibility City/County Road Surface Type Black Top Roof Asphalt View OceanWater Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water View YN Yes Waterfront YN Yes

Interior Features

Above Grade Fin SQFT 2148 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricFreezerOven - Self CleaningWasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CCeiling Fan(s)Zoned Fireplace Features Gas/Propane Fireplace YN Yes Fireplaces Total 1 Flooring CarpetLuxury Vinyl Plank Furnished Yes Heating Forced AirZoned Heating YN Yes Interior Features Dining AreaEntry Level BedroomFloor Plan - OpenKitchen - Eat-InKitchen - IslandPantryPrimary Bath(s)Primary Bedroom - Ocean FrontBathroom - Stall ShowerBathroom - Tub ShowerCarpetBathroom - Jetted TubBathroom - Walk-In Shower Laundry Type Main FloorWasher In UnitDryer In Unit Levels 1 Main Level Bedrooms 5 Pets Allowed No Pet Restrictions Rooms Total 12 Security Features Carbon Monoxide Detector(s)Smoke Detector Spa YN No Unit Floors 1

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street 43rd Street Entry Level 1 Federal Flood Zone AE Federal Flood Zone YN Yes Heating Fuel Natural Gas Historic YN No Horse YN No Hot Water Natural GasTankless Lease Considered YN No Municipality OCEAN CITY CITY Navigable Water YN Y New Construction YN No Original MLSNumber 804875069046 Ownership Interest Condominium Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Other Tax Annual Amount 14754.00 Tax Lot 00012 Total Actual Rent 110000.00 Vacation Rental YN Yes Water Source Public Zoning R2

Listing courtesy of BHHS Fox & Roach 9th Street-Ocean City: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Charles Graef Home Selling Team | REMAX Associates. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-09T13:53:25.173.
 
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