500 Kennedy Dr #715
North Wildwood, NJ 08260

3 Bd   2 Ba   1,753 Sqft
***BACK ON MARKET - APPROVED SHORT SALE - BRING OFFER NOW! SAVE HUNDREDS OF THOUSANDS. SOLD @ $870,000 in 2006. PLUS take advantage of THOUSANDS in owner UPGRADES.*** LOCATION! LOCATION! LOCATION! EXCEPTIONAL “move-in-ready” 3 bedroom, 2 bath PENTHOUSE with unobstructed VIEWS, VIEWS, and more PANORAMIC VIEWS of the Ocean and Bay. Enjoy the condo year around. Located AT THE BEACH on scenic Kennedy Drive, just 10 minutes from Garden State Parkway, this “one of a kind” PENTHOUSE is within walking distance of North Wildwood nostalgia, including the famed Boardwalk, Hereford Lighthouse, restaurants, family events, night-life, and seasonal Friday evening fireworks. Owner updated $50,000 Window Walls (hurricane standard and tinted) throughout the unit truly enhance the viewing enjoyment of the beautiful ocean sunrises and bay sunsets. From the condo enjoy infinity ocean views, beach watching, and the enticing sea breeze from the large private covered front balcony with the beach and ocean just steps away. This “home in the sky” PENTHOUSE has an open layout with over 1750 square feet of limitless water views, featuring a fully equipped kitchen with top-of-the-line appliances, countertop seating, built-in computer workstation, a great room with two conversation areas, and dining area. These water views from the window walls extend to the large private master suite with bath including Jacuzzi. The other 2 two bedrooms are down a separate hallway with an additional full bath. Moreover, an owner upgraded $50,000 Geo-Thermal MULTI-ZONED HVAC system provides temperature comfort all year long to this unique PENTHOUSE. And, only Unit 715 has its own private locked hallway entrance adjacent to the 7th floor elevator, along with its own private bedroom access to the emergency stairway. A washer/dryer and good storage complete The PENTHOUSE. There is also a secure bike storage room, and you and your guests will enjoy the large swimming pool, BBQ area, fitness center, and large recreation room for parties. The unit has two parking spaces (one covered) with ample additional parking for guests. The Regency Tower Condominiums are well maintained and well managed. The building has 24/7 monitored security surveillance, a full-time maintenance staff (on site during storms), no pending assessments, and a solid balance sheet. The condo fee includes insurance, water/sewer, ELECTRIC, trash removal and the unit is low cost cable ready. A very good rental history, no Sandy storm damage, about $100,000 in owner UPGRADES, and LOW TAXES are super pluses for this exceptional investment/vacation home. This is that ONCE in a lifetime opportunity to enjoy the BEST OF PENTHOUSE LIVING! Now is the time to create a sanctuary of serenity and make it your own special style, while perhaps viewing frolicking dolphins. INCREDIBLE! ***THIS IS A SHORT SALE SUBJECT TO BANK APPROVAL***
  • Zipcode: 08260
  • Days on Movoto: 349
  • Year Built:
  • HOA: $1,300/month
  • $/Sqft: $180
  • Lot:
  • Property Type: Condo
  • MLS#: 167205
  • MLS:
  • Listed By: Michael Nemitz
  • Movoto last checked Cape May County MLS for new data 4 hours ago
  • Cape May County MLS last updated this listing 4 months ago
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Property History

Sold Coop By Member
Oct 28, 2016
Under Contract
Sep 23, 2016
Under Contract Con
Sep 15, 2016
Price Change
Sep 9, 2016
Nov 14, 2015

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500 Kennedy Dr #715 in 08260 was last listed for $315,000. As of today, , this is 3% below the current median price of $324,900 for the city of North Wildwood, NJ and 6% above the median of $297,500 for ZIP code 08260. Right now, there are 780 properties for sale in 08260 and 259 properties listed for sale in North Wildwood. Those 259 properties are made up of 60 single family homes and 199 condos. The square footage of 500 Kennedy Dr #715 is approximately 1,753, which is 33% above the median size of 1,322 Sqft in North Wildwood and 30% above the median size of 1,350 Sqft in ZIP code 08260. This property's price per square foot was $180, which is 33% below the current $267 median in 08260 and 35% below the $279 North Wildwood median.

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Get to Know North Wildwood

This 3-bedroom, 2-bathroom condo house at 500 Kennedy Dr #715, North Wildwood NJ, 08260 is approximately 1,753 square feet and comes with 2 parking spots. It was last listed with a cost per Sqft of $180. Homeowners association fees total $1300 per month. 500 Kennedy Dr #715 is located in the North Wildwood School District. The closest school is Margaret Mace Elementary School.

500 Kennedy Dr #715, North Wildwood NJ, 08260 was on the market for 349 days. The median days on the market for properties in this area is 119 with a median list price of $324,900 and median cost per square foot of $279. Its current status is sold under the MLS #167205.

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