405 E 24th Avenue Unit: 405 North Wildwood
RARE OPPORTUNITY - BEACH BLOCK 4 BEDROOM TOWNHOUSE WITH POOL! Do not miss the chance to own this beautifully maintained town home at the popular Thunderbird Condominiums, which offers a rental history of $4,000/week for peak summer weeks! The location is phenomenal, just a few hundred feet to the beach and boardwalk, and close to Morey's Pier and Waterpark, many dining options and tons of fun activities. The front entrance is welcoming and once you step inside this unit, you will appreciate the pride of ownership that shines throughout the town home! The first floor includes the entry foyer with ceramic tile flooring that leads to several large storage closets, a one car attached garage, a full bath in the hall and a first floor bedroom with sitting area and sliders to a court yard patio and access to the pool area ....how convenient! The second floor is the main living area and offers plenty of room for your guests. The large living room has two sitting areas, and wide sliding doors to allow natural light to pour in, which lead out to the large front deck. The kitchen is appointed with ceramic tile flooring, granite counters with a huge snack bar AND a center island, and there is a private deck off the kitchen with pool view, which is ideal for outdoor dining. The dining area is conveniently situated between the living area and kitchen for a nice flow while entertaining. Also on this level is the laundry room with washer and dryer included, and powder room. The third floor includes the generously sized master suite with large walk in closet and private bath with dual sink vanity and ceramic tile floors. Two guest bedrooms, each of which are well sized, along with a full bath with tub and ceramic tile flooring, completed his level. The unit will be sold beautifully furnished and with all appliances and decor, minus personals. The refrigerator and microwave were replaced within the last year or so. Units at the Thunderbird enjoy a phenomenal rental income - they are in high demand due to their size and amenities, which includes a beautiful pool area complete with hot tub, pool house with bathroom and outside shower. The rental income generated each year for this unit is excellent. In 2016, the unit generated gross rents of close to $39,000 with the owner using one week in the summer. This year, with increased rates, the unit should generate $45,000+ and there is potential to certainly rent festival weekends, such as Irish Festival, Fireman's Weekend, etc. to generate even more income, which these owners choose not to rent. There are rentals in place for the 2018 summer season - 5 full weeks and Memorial Day Weekend. The condo fee covers the cost of all exterior insurances for fire, flood and liability, and all exterior routine maintenance and pool care. The owner pays gas, electric, water, sewer, phone and cable. Approximate utility costs are as follows from owner, and of course this will vary depending upon usage: Electric $1600.00 / Water and Sewer $1400.00 / Gas $300.00 / Comcast $1500.00 and Comcast is extremely variable based on package you choose and whether or not you use seasonal packaging. This is a PET FRIENDLY association for owners only. This unit is easy to show! *** Please note there is a one time documentation prep fee that the condo association charges to a new buyer - in 2016 it was $500.00. *** The square footage provided above was taken from municipal tax records and should be verified by Buyer prior to an offer and purchase. ***
* UNIT LOCATION
* COMMON AREA FEATURES
* ALSO INCLUDED
Auto Door Opener
* OTHER ROOMS
1st Floor Master Bedroom
* UNIT FEATURES
Kitchen Center Island
Wall To Wall Carpet
* APPLIANCES INCLUDED
* HOT WATER
LISTING IS PROVIDED BY LEES REAL ESTATE AND CAPE MAY COUNTY MLS.
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.
All information deemed reliable but not guaranteed and should be independently verified.
All properties are subject to change, withdrawal, or prior sale.