About This Home

This 3-bedroom, 3-bathroom condo at 123 Wahoo Drive #123 in Ocean City, NJ is listed for $849,000 ($499 per sqft). Built in 1986, the home offers 1,700 sqft of living space on a N/A lot.

Key Features

  • Built in 1986
  • 2 stories
  • Waterfront

Property Details

2 stories
3 full
#123
1986

Amenities

WaterfrontA/C
Listing Description

Welcome to Ocean Reef, where waterfront living and boating come together in one of Ocean City's most desirable residential communities. Offering approximately 1,700 square feet of living space, this spacious 3-bedroom, 3-bath residence features expansive southwest-facing views over the bay, Intracoastal Waterway, and surrounding wetlands, along wit

h the opportunity to separately purchase the seller's deeded boat slip within the Ocean Reef community. For the boating enthusiast, it is an exceptional combination-waterfront living, beautiful views, and the convenience of keeping your boat just steps from home.

Inside, dramatic cathedral ceilings and a fireplace anchor the bright, open main living and dining areas, where large windows capture passing boats, coastal wildlife, changing skies, and spectacular sunsets. Generously sized rooms, 3 full baths, and abundant living space provide a level of comfort and versatility rarely found at this price point.

The unique multi-level floor plan offers excellent separation and privacy, with a primary suite on the main level and a second primary suite upstairs, creating flexible private space for family and guests or a home office. This is the best value and opportunity for a 3-bedroom residence with a boat slip in all of Ocean City.

Ocean Reef offers a true resort-style lifestyle with two swimming pools, tennis and pickleball courts, boat docks, beautifully maintained bayfront grounds, and professional on-site management-all just minutes from Ocean City's beaches, Boardwalk, dining, and attractions. Space, southwest-facing waterfront views, boating, spectacular sunsets, amenities, and value-this is an Ocean City opportunity that is hard to match.

Monthly Cost Estimate

$5,346/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248
HOA$805

Estimates only. Actual payments may vary.

Location

123 Wahoo Drive #123

Ocean City, NJ 08226

Property Details

Parking

Assigned

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

ElectricCentral Air

Appliances

RangeOvenMicrowave OvenRefrigeratorWasherDryerDishwasherSmoke/Fire Detector

Questions & Answers

This 3-bedroom, 3-bathroom condo at 123 Wahoo Drive is listed at $849,000 ($499/sqft). The estimated monthly payment is $5,346 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $805/month.

Key features include: Built in 1986, 2 stories, Waterfront.

This property is listed by Burton Wilkins III.

BI

Burton Wilkins III

Agent at GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Listed by GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY · Broker phone: 6093992500 · View on Broker Site

MLS# 262585· Source: Cape May County Association of Realtors· 52 days on PropertySimple

Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 Wahoo Drive #123, Ocean City, NJ 08226

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