820 Ocean Ave. #115 #115
Ocean City, NJ 08226
2
Bed
2
Bath
740Sqft
DO THE MATH! This money-maker generated a 5.17% Cap Rate in 2025 and averages over $75,000 annually in gross income! Net income 2025 after all expenses was $46,540. The "Presidential Suite" at Biscayne Suites is the crown jewel of this 64-unit condo/hotel complex. It’s the ONLY 2-bedroom, 2-bathroom unit, and is the most sought after and advanced-reserved unit in the building (over 95% booked already for 2026). Capable of accommodating up to 8 guests with 2 roll-away beds (the 1BR units sleep 4 to 5 people). It is by far the top rental performer in the building - all the 1BR units average @$28,000+/- annually. The fully remodeled interior boasts a full kitchen with full-sized appliances, as well as being the ONLY unit with its own washer and dryer (others use coin-operated facilities). Fea
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Full Baths: 2Room Information
Rooms Total: 7 -
Interior Features
Elevator Appliances: Dishwasher, Dryer, Electric Cooktop, Refrigerator, Microwave, Washer, Electric Water Heater, Disposal Laundry Features: Laundry Room -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air
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Building Information
Construction Materials: Block, Metal Siding, Stucco Private Pool: No
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Listing Price Information
Listing Price: $899900
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Tax Information
Annual Tax: $2082
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Utility Information
Cable Available -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 323 Ocean Ave #3, Ocean City, NJ, 08226 | $699,000 | 1 | 1 | -- | |
| 323 Ocean Ave #2, Ocean City, NJ, 08226 | $1,095,000 | 5 | 2 | 2,004 | 2,004 SqFt |
| 323 Ocean Ave #1, Ocean City, NJ, 08226 | $825,000 | 3 | 1 | 1,027 | 1,027 SqFt |
| 900 Wesley #203 Ave #203, Ocean City, NJ, 08226 | $257,500 | -- | 1 | 296 | 296 SqFt |
| 322 Boardwalk #318, Ocean City, NJ, 08226 | $1,199,000 | 2 | 2 | 1,100 | 1,100 SqFt |
| 322 Boardwalk #514, Ocean City, NJ, 08226 | $995,000 | 2 | 2 | 1,080 | 1,080 SqFt |
| 322 Boardwalk #514, Ocean City, NJ, 08226 | $995,000 | 2 | 2 | 1,102 | 1,102 SqFt |
| 906 Pennlyn Pl #8, Ocean City, NJ, 08226 | $1,600,000 | 3 | 2.5 | 1,818 | 1,818 SqFt |
| 322 Boardwalk #514 #514, Ocean City, NJ, 08226 | $995,000 | 2 | 2 | 1,080 | 1,080 SqFt |
| 322 Boardwalk #300, Ocean City, NJ, 08226 | $1,350,000 | 2 | 2 | 1,260 | 1,260 SqFt |
Similar Condos To 820 Ocean Ave. #115 #115
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the South Jersey Shore Regional MLS. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional MLS. All Rights Reserved.
ByOwner last updated this listing 06/15/2026 @ 14:20
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