501 Beach Avenue, Unit 304

$109,500, 1 Bed 1 Bath

About This Property

501 Beach Avenue, The Marquis de Lafayette is located in the heart of Cape May on the beachfront with amazing water views and home to the Barefoot Bar. Every room features relaxing private balconies overlooking the ocean with breath taking unobstructed views of the beautiful Cape May beaches and Atlantic Ocean. Resort style amenities; new pool and hot tub with water fall feature, updated restaurant, pool bar with street access, maid service, meeting rooms, fitness room, wireless internet, laundry room, parking and none of the maintenance usually associated with property ownership. The Marquis de Lafayette is a Condo-Tel, you own it as a condominium, but your condo is managed and operated as a hotel by your board of directors, manger and in-house staff. There is usage policy requiring owners to rent their room as a hotel room. This is a very popular hotel, an appointment at least 72 hours in advance is required to see rooms/suites that are currently available for purchase.This unit is third floor unit, great views, a Cape May Suite and has two double beds. Condo fees for 2019 approximately $2141.59 front loaded for the year.

Essential Information

MLS® #186555
Price$109,500
Bedrooms1
Bathrooms1.00
Full Baths1
TypeCondo/Townhouse
Sub-TypeCondo
StatusUNDER CONTRACT

Community Information

Address501 Beach Avenue, Unit 304
AreaCape May
CityCape May
StateNew Jersey

Amenities

Parking1 Car, Assigned Parking
Is WaterfrontYes
Has PoolYes

Interior

HeatingGas Natural
CoolingWall Air Conditioning
StoriesOther

Appliances

Range, Microwave Oven, Refrigerator

Additional Information

Date ListedMarch 8th, 2019
Days on Market211
ZoningC-2

Listing Details

OfficeCOASTLINE REALTY, LLC

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Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ
08204

Office: 609.884.3332

Chris Clemans | Sotheby's Realty International
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