About This Home

This 3-bedroom, 2-bathroom condo at 500 Bay Ave in Ocean City, NJ is listed for $974,999. on a N/A lot.

Key Features

  • Fireplace
  • Waterfront

Property Details

2 full
#707 South

Amenities

FireplaceWaterfrontA/C
Listing Description

***COMING TO MARKET*** 500 Bay Condo 707S, Ocean City, NJ * Corner Penthouse - 3 Bedrooms - 2 Bathrooms, 1,611 SF - Showings Begin Tuesday, July 28th - Welcome to 500 Bay, an extraordinary iconic seventh-floor corner penthouse condo in one of Ocean City's most sought-after bayfront communities.

Beautifully renovated and completely move-in ready, this exceptional residence offers three spacious bedrooms, two luxurious spa-inspired bathrooms, and two assigned covered garage parking spaces (#64 & #70) making it the perfect primary residence, second home, vacation retreat, or investment opportunity at the Jersey Shore.

Thoughtfully redesigned with timeless coastal elegance and exceptional craftsmanship, the open-concept floor plan is both sophisticated and inviting. The designer kitchen features white shaker cabinetry, a striking navy center island, granite countertops, classic & timeless white subway tile backsplash, stainless steel appliances, and generous workspace ideal for entertaining family and friends.

As a coveted corner penthouse, this residence is bathed in natural light and showcases sweeping panoramic views of the bay, the Atlantic Ocean, the Atlantic City skyline, the iconic Ferris wheel, with a spectacular morning sunrise to start your day! Residents of 500 Bay enjoy an outstanding collection of resort-style amenities - Trash chute & extra

storage space on each floor, S Bldg Fitness Room, heated bayfront swimming pool, scenic waterfront boardwalk with new outdoor furnishings, two barbecue grilling areas, outdoor gathering spaces, two clubhouses, the community's popular puzzle room, beautifully landscaped grounds, ground storage for bikes/beach chairs, spectacular sunsets, and front-row views of Ocean City's Night in Venice festivities.

Providing exceptional value and peace of mind, the condominium association has recently completed significant capital improvements, including new roofs on both the North and South buildings, bulkhead reinforcement, and comprehensive inspections and upgrades to the parking garage, building facade, and balconies - demonstrating a strong commitment to long-term maintenance and protecting owners' investments.

Ideally located just minutes from Ocean City's award-winning beaches, world-famous Boardwalk, downtown shopping and dining, marinas, boating, golfing, fishing, parks, and countless family-friendly attractions, this exceptional bayfront penthouse offers an unmatched combination of luxury, lifestyle, and location.

Do not miss out on this rare opportunity to own this renovated bayfront penthouse with panoramic bay and ocean views in one of South Jersey's premier waterfront communities! Showings begin Tuesday, July 28th. Schedule your private tour today!

Monthly Cost Estimate

$6,082/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284
HOA$867

Estimates only. Actual payments may vary.

Location

500 Bay Ave

Ocean City, NJ 08226

Property Details

Parking

Offsite

Heating

Electric (Heating)Baseboard

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherDryerElectric StoveMicrowaveRefrigeratorSelf Cleaning OvenWasher

Questions & Answers

This 3-bedroom, 2-bathroom condo at 500 Bay Ave is listed at $974,999. The estimated monthly payment is $6,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $867/month.

Key features include: Fireplace, Waterfront.

This property is listed by Mary Oteri and can be reached at 8563669577.

MO

Mary Oteri

Agent at BHHS FOX and ROACH-Simpson OC

(856) 366-9577

Listed by BHHS FOX and ROACH-Simpson OC · View on Broker Site

MLS# 609989· Source: listhub· 1 day on market

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Bay Ave, Ocean City, NJ 08226

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