# 820 Ocean Ave. #115, Ocean City, NJ 08226

> **TL;DR:** 2bd/2ba condo, $899,900.
> A/C. Est. $4,503/mo. Listed 239 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,900 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 239 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,900 |
| HOA | $603 |
| **Total** | **$4,503** |

## Key Amenities

- A/C

## Description

### Agent Description
DO THE MATH! This money-maker generated a 5.17% Cap Rate in 2025 and averages over $75,000 annually in gross income! Net income 2025 after all expenses was $46,540. The "Presidential Suite" at Biscayne Suites is the crown jewel of this 64-unit condo/hotel complex. It's the ONLY 2-bedroom, 2-bathroom unit, and is the most sought after and advanced-reserved unit in the building (over 95% booked already for 2026), capable of accommodating up to 8 guests with 2 roll-away beds (the 1BR units sleep 4 to 5 people). It is by far the top rental performer in the building - all the 1BR units average @$28,000+/- annually. The fully remodeled interior boasts a full kitchen with full-sized appliances, as well as being the ONLY unit with its own washer and dryer (others use coin-operated facilities). Features include extensive woodworking, recessed lighting with crown moldings, textured acrylic walls, ceiling fans, and a padded dining booth. Offered fully furnished. It's outfitted with 3 TVs, a stereo/DVD player, an electric fireplace, a king bed, a queen bed, and a queen sleeper sofa. Biscayne Suites offers Ocean City's only rooftop pool with a stunning sun deck and breathtaking ocean and bay views. The on-site front desk and year-round staff and housekeeping ensure seamless operations, making this one of Ocean City's premier condo/hotels. Loyal guests return year after year. This unique property is ideal for investor-owners looking to benefit from high demand and desirability. The required front desk's summer rental program provides consistent, hassle-free income, yet allows generous personal owner use in-season, and unrestricted personal use off-season. The Condominium Association is stable, well-managed, well-funded, and financially secure-details are available from the listing agent.

## Location

- **Address:** 820 Ocean Ave. #115, Ocean City, NJ 08226
- **County:** Cape May
- **Coordinates:** 39.277939, -74.573296
- **Google Maps:** https://www.google.com/maps?q=39.277939,-74.573296

## Listing Agent

- **Name:** JESSE BRIGLIA
- **Brokerage:** Fox Real Estate-Ocean
- **Phone:** 6094429840

## Primary Photo

![820 Ocean Ave. #115 - Primary Photo](http://lh.rdcpix.com/a13bdb668d80171995eb7701fcb89204l-f1255815619r.jpg)

*58 total photos available on [listing page](https://www.propertysimple.com/listing/820-ocean-ave-115-ocean-city-nj-08226-j601138)*

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**MLS#:** 601138 | **Updated:** 2026-06-19
**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.com/listing/820-ocean-ave-115-ocean-city-nj-08226-j601138)

---

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