# 500 Bay Ave, Ocean City, NJ 08226

> **TL;DR:** 3bd/2ba condo, $974,999.
> Fireplace, Waterfront, A/C. Est. $6,081/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $974,999 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,930 |
| Estimated Insurance | $284 |
| HOA | $867 |
| **Total** | **$6,081** |

## Key Amenities

- Fireplace
- Waterfront
- A/C

## Property Highlights

- Fireplace
- Waterfront

## Description

### Agent 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!

## Location

- **Address:** 500 Bay Ave, Ocean City, NJ 08226
- **County:** Cape May
- **Coordinates:** 39.286133, -74.574265
- **Google Maps:** https://www.google.com/maps?q=39.286133,-74.574265

## Virtual Tour & Media

- **Video Tour:** https://youtu.be/cmNinOCYU1I

## Listing Agent

- **Name:** Mary Oteri
- **Brokerage:** BHHS FOX and ROACH-Simpson OC
- **Phone:** 8563669577

## Primary Photo

![500 Bay Ave - Primary Photo](http://lh.rdcpix.com/6cc515b14db3ee2f567f31eef5d7f0e6l-f2293545694r.jpg)

*70 total photos available on [listing page](https://www.propertysimple.ai/listing/500-bay-ave-ocean-city-nj-08226-j609989)*

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**MLS#:** 609989 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/500-bay-ave-ocean-city-nj-08226-j609989)

---

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