514 E 16th Avenue $512,500

LOCATION, LOCATION, LOCATION! When location is the top priority, this is the condominium you'll want to see! This FOUR bedroom, THREE bathroom two level unit is situated right at the beach and the entrance to the famous boardwalk, allowing easy access to the Tramcar, rides and waterparks - but still far enough away from the crowds. It's the best of both worlds! The incredible location offers fabulous rental potential, with a consistent rental history currently, and plenty of income on the books for 2019. This first floor corner unit has plenty of windows to allow natural light to shine in. Enjoy direct entry from the street or from the garage, which takes you to the foyer and a nice sized bedroom with sitting area and private bath with shower. The second level includes the main living area - enjoy an open floor plan and sliders out to a HUGE covered deck with views of the ocean, the newly remodeled playground and the lifeguard station, this is the perfect place for entertaining. The kitchen has a large breakfast bar and tile flooring, and there is an adjacent dining area. Down the hall you will find a master suite with a private bath with a tub, two additional guest bedrooms and a hall bath. There are tile floors throughout the whole unit for easy maintenance, and gas heat and central air conditioning for year round comfort. The garage can fit at least 2 cars and has plenty of space for bikes and all your beach gear. There is also an additional private storage room. The unit is being sold furnished and is very easy to see until the summer rentals begin on 6/15/19. Some wicker pieces, foyer mirror and the painting above the kitchen table are specifically excluded from the sale. There are currently 9 weeks rented for the 2019 season, and the income amounts to $27,300 so far, which would be pro-rated to the buyer at the time of closing. The average prime rental week rents at $3100/week! If you've been waiting for a FOUR BEDROOM unit right at the beach, don't delay!

This listing is provided courtesy of LEES REAL ESTATE