* $25,000 PRICE IMPROVEMENT * PRIVATE WATERFRONT PATIO * SPECTACULAR SUNSET VIEWS * Welcome to 500 Bay Ave, 403 South, Ocean City, NJ. Amazing opportunity to own a waterfront condo, one of only six South Building condos with this coveted direct bayfront patio setting! Approximately 1,000 SF, 1-bedroom, 1-bath residence offers unobstructed panoramic bay views, spectacular sunsets, boats and sailboat activity, illuminated 9th Street Bridge, and a front row seat to Ocean City’s famous Night in Venice parade & firework festivities! The bright, open-concept interior features water views from nearly every room and offers an excellent opportunity to personalize into your dream vacation home, second home, retirement retreat, or investment property. Recent improvements include newer windows and exterior doors, updated mechanical systems and appliances, elevator access, reserved covered parking space #99. Major association capital improvements include new North & South Building roofs, bulkhead reinforcement, parking garage upgrades, building facade improvements, and balcony inspections. HOA includes water, sewer, flood insurance, basic cable, on-site property management and maintenance, and AC maintenance. Ideally located near Ocean City’s award-winning beaches, iconic Boardwalk, downtown shopping and dining, boating, fishing, marinas, waterfront restaurants, biking, parks, and year-round attractions. Your key to the sea is 403! Schedule your private showing today.