About This Home

This 2-bedroom, 1-bathroom condo at 5201 Ocean Avenue #1010 in Wildwood, NJ is listed for $495,000 ($527 per sqft). Built in 1971, the home offers 940 sqft of living space on a N/A lot.

Key Features

  • Built in 1971
  • Waterfront

Property Details

1 story
1 full
1-car garage
#1010
1971

Amenities

WaterfrontA/C
Listing Description

Experience oceanfront living at Ocean Towers in Wildwood Crest! This beautifully maintained first-floor beachfront condo offers direct access to the beach, oceanfront pool, and spacious sundeck, making it the perfect shore retreat or investment property.

Enjoy all that Wildwood Crest has to offer while being just a short drive or bike ride from the famous Wildwood Boardwalk, restaurants, dining, and entertainment. This year-round unit is ideal as a personal getaway, full-time residence, or vacation rental.

Excellent investment opportunity! The property generated approximately $30,000 in gross rental income in 2025 and is on pace to generate approximately $38,000 in gross rental income for 2026, with the season still underway. Even better, there are already three confirmed bookings for 2027 totaling approximately $7,500 in gross rental income, providing immediate future income for the next owner.

Rental history and future bookings are available upon request. Ocean Towers offers amenities: gym, Hot tub, large heated pool, cabanas inside and outside the pool area. Security guards all year long. Karaoke during summer months, separate safe gated kiddie pool, gas barbecue grills.

HOA includes water, sewer, flood insurance, Pool/Elevator maintenance and inspections, Gym, Sauna and outside maintenance. Whether you're searching for a beachfront getaway or a proven income-producing property, this Ocean Towers condo offers the perfect combination of location, lifestyle, and investment potential. Don't miss this opportunity to own a piece of the Wildwood Crest beachfront.

Monthly Cost Estimate

$3,250/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144
HOA$603

Estimates only. Actual payments may vary.

Location

5201 Ocean Avenue #1010

Wildwood, NJ 08260

Property Details

Parking

GarageAssigned

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

RangeOvenMicrowave OvenRefrigeratorStainless Steel Appliance

Questions & Answers

This 2-bedroom, 1-bathroom condo at 5201 Ocean Avenue is listed at $495,000 ($527/sqft). The estimated monthly payment is $3,250 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $603/month.

Key features include: Built in 1971, Waterfront.

This property is listed by Alec Wolf.

AW

Alec Wolf

Agent at HOMESMART FIRST ADVANTAGE

Listed by HOMESMART FIRST ADVANTAGE · Broker phone: 8563633000 · View on Broker Site · Broker website

MLS# 262157· Source: Cape May County Association of Realtors· 87 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.

5201 Ocean Avenue #1010, Wildwood, NJ 08260

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