501 Beach Avenue

$75,000, 1 Bed 1 Bath

About This Property

This unit is on the second floor with sweeping, panoramic ocean views from your private balcony. The unit has the following features: a king sized bed, bathroom, ample closet space, seating area, microwave & small fridge. This particular unit has a shabby chic decor which includes wicker furniture where you can relax by the windows. The Marquis de Lafayette is a Condo-tel so you own a condominium, but it is run as a hotel. The condo-tel is managed and operated by a full-time staff, manager, and governed by a board of directors. Owners of the units are required to rent their room(s) as a hotel room. The owner has access to use the room based on an allotted usage policy. The Marquis was recently renovated in 2016 and now includes the following; new outdoor, heated pool and hot tub next to the Barefoot Bar, and a new restaurant. The other amenities include; daily housekeeping, laundry facilities, fitness center, and meeting areas. There is off-street parking - something that is hard to find in the heart of the historic district of Cape May. Being in the center of town, you are close to popular stores, restaurants, and bars. Don’t miss your chance to own a turn-key condo-tel on the beachfront of Cape May!

Essential Information

MLS® #187805
Price$75,000
Bedrooms1
Bathrooms1.00
Full Baths1
Year Built1935
TypeCondo/Townhouse
Sub-TypeCondo
StatusUNDER CONTRACT

Community Information

Address501 Beach Avenue
AreaCape May
CityCape May
StateNew Jersey

Amenities

Parking1 Car, Assigned Parking
ViewWater View
Is WaterfrontYes
Has PoolYes

Features

Wall To Wall Carpet, Tile Floors

Interior

AppliancesMicrowave Oven, Refrigerator
HeatingGas Natural
CoolingWall Air Conditioning
StoriesOther

Additional Information

Date ListedMay 8th, 2019
Days on Market34

Listing Details

OfficeHOMESTEAD REAL ESTATE C0. INC.

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Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ
08204

Office: 609.884.3332

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