407 E Monterey Avenue

$471,900, 3 Beds 2 Baths

About This Property

Imagine being so close to the beach there are no streets to cross! This home has it all, Location and Luxury for the discerning buyer. Preview this 3 bedrooms and 2 baths home located BEACH BLOCK at the Verona Condominiums in Wildwood Crest. There are OCEAN VIEWS from your private deck that features Exterior Living Space large enough to accommodate all your guest from sunrise to sunset. The superior concrete construction makes the home virtually sound proof between floors. Upgrades in the home include: Custom Kitchen Cabinets, Kohler Fixtures, Tile Floors, Solid Surface Countertops and Dacor' Stainless Steel Appliances. There is NO builder’s grade anything here! The open living floor plan includes a large Living, Kitchen and Dining room combo that allows everyone to be together. Looking for an investment opportunity, the superior location makes this home the perfect rental, commanding a weekly rate of $3,500 in peak season. Common amenities include a unique Roof Top Pool and a Community Room for the enjoyment of Residence and their Guests, private owner storage, elevator, and keyless entry system. Recent upgrades and improvements to the building make it like new. The HOA fee covers F/F/L insurances, common area utilities and professional property managed for peace of mind. There is an extra Capital Reserve payment in place in the amount of $1,071.60 per year for 2019,2020 & 2021 to replenish the Reserve Account per a Reserve Study preformed in 2017. 2019 Rentals total over $42,000 for the season and already booking for 2020!!!!

Essential Information

MLS® #187073
Full Baths2
Year Built2009

Community Information

Address407 E Monterey Avenue
AreaWildwood Crest
CityWildwood Crest
StateNew Jersey


Parking2 Car, Assigned Parking
ViewWater View
Has PoolYes


Kitchen Center Island, Tile Floors


HeatingElectric, Forced Air
CoolingCentral Air, Electric


Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector

Additional Information

Date ListedApril 3rd, 2019
Days on Market361

Listing Details

OfficeCabrera Coastal Real Estate

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Cape May, NJ

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