RENTAL POWERHOUSE! 2023 Income was $23,623.81, 2024 Income was $24,513.17, 2025 Income was $25,746. After all expenses, this unit generated $9,468.99 in 2025 net profits, generating a 5.25% return on invested dollars with a cash purchase, before factoring in tax write-offs and increased value due to inflation & market conditions. Unit 14 @ The "Sifting Sands" Condo Motel. 100% gutted, remodeled, improved & refurnished 2023, all new interior.. New "All-in-One" Kitchen, micro, frig freezer, paint, window blinds, 40" wall-mounted swivel TV, AC unit, New Kitchen & bath cabs. New Toilet. Sale inc. all-new pots, pans, kitchen supplies. Tiled throughout for maintenance-free ownership. Sifting Sands has been one of Ocean City's last-operating "Iconic" Center-City Motels, in operation every summer since 1964. The complex was remodeled and converted to condo motel ownership in '04. SIFTING SANDS IS NOW A PET-FRIENDLY ESTABLISHMENT! Spectacular location on the corner of 9th & Ocean Ave. On-site required rental program (April 15-Oct 30) guarantees "hands off & hassle free" income. Convenient 1st floor location. Building open year 'round. Block off some personal usage between rentals in the summer for your own usage (21 days max). Off-season usage non-restricted (Nov 1 - April 15) - use at your pleasure...use it, rent it yourself, rent it through a Realtor, whatever you'd like. Well run, stable, well funded professionally managed building. Coin-Op Laundry Room. Condo fee includes water sewer, hot water, TV cable, Wi-Fi, use of heated pool, parking for one car (w minimal annual fee), bldg. insurance (fire & flood), exterior maintenance. Owner pays own electric bill ($100 mo + -), property taxes & interior contents liability insurance ($500 yr + -). VERY FEW PROPERTIES IN OCEAN CITY CAN COMPETE WITH THIS. Call Listing Agent for details & questions on personal usage & the Rental Program. The Motel is in full operation - All showings will be in-between Guests.
- Electric Stove
- Microwave
- Refrigerator
- Heating:Baseboard
- Heating:Electric
- Public Sewer
PROPERTY LOCATION / MAP
Last Database Update: 2026
Let Cabrera Coastal Real Estate be your buyer agent for this listing. Listing is provided by Fox Real Estate-Ocean. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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840 Ocean Avenue, Ocean City
For Sale:
$179,900 MLS: 607900Bed:1 | Bath:1 LOT: | DOM:0
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