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$ 849,000
Est. payment | /mo
2 Beds
1 Bath
504 SqFt
$ 849,000
Est. payment | /mo
2 Beds
1 Bath
504 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 504 sqft
Price per Sqft $1,684
MLS Listing ID 250895
Bedrooms 2
Full Baths 1
Condo Fees $312/mo
Year Built 2019
Annual Tax Amount $1,731
Tax Year 2024
Property Sub-Type Condo
Property Description
Beach block first floor condo located in the popular Merrimac building. Prime Avalon NJ location convenient to wonderful restaurants, recreation facilities, and of course a wide beach! Unit 105 offers easy access to the on-site heated saltwater pool. Outdoor amenities include lounge chairs around the pool and a BBQ area. The interior is all NEW! The custom kitchen features a sleek cooktop, a combo convection microwave oven, and full size refrigerator (Zline brand). Durable compressed wood flooring and attractive shiplap ceilings throughout. There is an out cove with built-in twin-size bunks. The stack washer and dryer is located in an adjacent closet. A stall shower bathroom is also in this area. The primary bedroom has a King size bed, separate AC unit and a wall mounted TV. To be sold completely fully furnished and equipped. Assigned parking for Unit 105 is in the back lot with a pass-through walkway to the front door. Rinse off area is located on the east side of the building near the pool. The owner's lounge is an optional space for entertaining guests, and features a full bathroom, TV and kitchen. Well managed association. Condo fees include water, sewer, cable, insurances, and year-round property management. Entire complex was extensively renovated in 2019 (original structure was built in 1966). Unit 105 is a weekly vacation rental with leases in place for the summer. Based on current reservations (6 weeks booked as of 3/27/25) and past history, the gross rental income is estimated to be $35,000+. Leases and rental income transfer as of settlement!
Location
State NJ
County Avalon
Area Avalon
Location Details Beach Block
Interior
Hot Water Electric
Building
Lot Description Beach Block
Story Three
Unit Location First Floor,Pool View
Sewer City
Water City
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Virtual Tour https://my.matterport.com/show/?m=y2toPDc5hrA
Listed by Tim Kerr Sotheby's International Realty