6 days on Rocket
$10,000 Closing Credit¹
#596521, Listing Office: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
$925,000 List price
1318 Ocean Ave Unit 1318 Ocean City, NJ 08226
$10,000
Closing credit¹
2 beds
1 full
1,200 sqft
$771 / sqft
Condo
Property details
About 1318 Ocean Ave Unit 1318
Welcome to Coconut Cove a Prime Investment Opportunity in Ocean City, NJ! Don’t miss this turnkey 2-bedroom, 1-bath unit located directly across the street from the iconic Ocean City Boardwalk. Coconut Cove is a high-performing rental property with a history of generating over $50,000 in annual income the last 3 years and on course to do over $70,000 this current year. This 1200 sq ft unit comes fully furnished with themed coastal Coconut décor and brand new luxury vinyl plank flooring throughout. Features include a bright and open living space, a private front deck/patio perfect for enjoying ocean breezes, sleeping for 5, two dedicated parking spaces—a rare find this close to the beach and an outside shower. This well-maintained unit is ideally situated in one of the East Coast’s most popular resort destinations, "America's Greates Family Resort" Ocean City, NJ, offering easy access to guarded beaches, iconic restaurants & shopping. Also, please take note, the Coconut Cove's sister property, The Pineapple Pad, 1312 Ocean Ave. (MLS # 596521) is also for sale. Own both units together and double your rental income, enjoy built i-in management systems, and give guests tenants the option to book side-by-side stays, perfect for family or group stays! It's a rare chance to to invest in a turn-key Ocean City duo that's already up and running. Whether you're looking for a strong investment or a personal getaway with excellent rental potential, Coconut Cove checks all the boxes.
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,200 sqft
Year built2002
ParkingAssigned, Parking Pad, Two Car
MLS #596578
WaterfrontSee Remarks
ViewSee Remarks
Summary
- Full Bathrooms: 1
- Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Interior: Kitchen Island
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Assigned, Parking Pad, Two Car
- Waterfront: See Remarks
- View: See Remarks
- Exterior: Deck/Porch, Outside Shower
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air
- List Price: $925,000
- Price/SqFt: $770
- HOA Amount: $0 Monthly
- Directions: From 9th St Bridge take right on Ocean Ave. to 13th St. Coconut Cove(1318) is on the right.
- Year Built: 2002
- Living Area: 1,200 SqFt
- MLS Number: 596578
- Office Name: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
- Office Phone: (609) 399-2500
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$925,000
1318 Ocean Ave Unit 1318
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Ocean City Primary School
Public District PK-3
0.9 mi
•550 West Ave
5
Upper Township Elementary School
Public District 3-5
3.6 mi
•50 N Old Tuckahoe Rd
2
Dawes Avenue Elementary School
Public District KG-3
3.6 mi
•22 W Dawes Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,239. The most common annual income of people living in Ocean City, NJ is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
43%
35k-100k
29%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
18%
18-34 yrs old
47%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Chico's
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Bob Evans
Chipotle
What do the neighbors drive?
Lincoln
Oldsmobile
Mazda
What do the neighbors listen to?
Classical
News
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1318 Ocean Ave Unit 1318
The listing price of 1318 Ocean Ave Unit 1318 property is $925,000.
The property 1318 Ocean Ave Unit 1318 is a condo located in Ocean City, New Jersey, 08226.
Active Listing: 1318 Ocean Ave Unit 1318 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1318 Ocean Ave Unit 1318 are: Ocean City Primary School (GreatSchools Rating 5/10), Upper Township Elementary School (GreatSchools Rating 5/10), Dawes Avenue Elementary School (GreatSchools Rating 2/10), Ocean City Intermediate School (GreatSchools Rating 6/10), Jordan Road Middle School (GreatSchools Rating 4/10), Belhaven Middle School (GreatSchools Rating 7/10), Ocean City High School (GreatSchools Rating 5/10), Chartertech High School for the Performing Arts (GreatSchools Rating 2/10), Mainland Regional High School (GreatSchools Rating 5/10).
The property at 1318 Ocean Ave Unit 1318 has 2 bedrooms and 1 bathroom.
The property 1318 Ocean Ave Unit 1318 is 1,200 SqFt (source: MLS/tax record).
The year of construction for 1318 Ocean Ave Unit 1318 is 2002.
This home is located at 1318 Ocean Ave Unit 1318 in Ocean City, NJ and zip code 08226. This 1,200 square foot home was built in 2002. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $925,000.
Ocean City, NJ housing market in April 2025 saw over 8 listings sold above listed price, more than 3 sold at listed price and over 37 sold below. The number of homes for sale in Ocean City, NJ increased by 4.3% between March and April 2025. The median list price of listings available in April 2025 was $985,833, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.