807 E 8th Street

Description

Spacious and fully furnished, this Hanscom studio on the beach block in Ocean City offers ocean views and strong rental income, with vacationers returning year after year. Generating over $27,000 in gross income in both 2024 and 2025, it’s one of the building’s most profitable rentals. Inside, the unit features a full bathroom with a walk-in shower and cabinets for added storage, kitchenette, dining area, a storage closet, and a new AC unit. A low HOA fee adds convenience by covering utilities, building amenities and maintenance, insurance, and WiFi, with electric as the only separate expense. This is a cash-only purchase, as financing is not available in the building. With its prime location near Sundae’s Ice Cream Shop, bike rentals, the OC Waterpark, shopping, dining, and all the boardwalk activities, this studio is a standout choice for anyone looking to secure a strong rental property or second home in Ocean City.