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417 E 19th Ave Unit 507 , North Wildwood, NJ 08260
$387,500
Est. Payment: $2,092.50/mo
1 Bed
1 Bath
490 Sqft
Status: active | Days on site: 1
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House Description

PRICELESS OCEAN AND BOARDWALK VIEWS AT AN EXCEPTIONAL PRICE! Welcome to Unit 507 at the desirable Mali Kai Condominiums, where spectacular ocean, boardwalk, and city views await! Located on the top floor of this elevator-serviced building, this beautifully updated condominium offers the perfect opportunity to own your very own piece of the Jersey Shore! With a proven rental history generating approximately $22,000 this season (with owner use), this property offers an exceptional opportunity to enjoy the Shore while benefiting from an established income-producing investment! Step inside to discover a bright, inviting open-concept living space featuring beautiful wood-grain laminate flooring, a spacious living room with comfortable sectional seating with sleeper, and an abundance of custom built-in cabinetry providing exceptional storage. The beautifully updated kitchen features white shaker-style cabinetry, granite countertops, a stylish tile backsplash, stainless steel appliances, and a spacious center island with seating for four—perfect for casual dining. Tasteful coastal décor, neutral colors, and thoughtful updates throughout create a welcoming Shore retreat. The generously sized bedroom offers a queen bed along with built-in triple bunk beds, providing flexible sleeping accommodations for family and guests. Additional highlights include a full bathroom, gas forced-air heating, and central air conditioning for year-round comfort. But the real showstopper is the fifth-floor balcony! Relax with your morning coffee or evening cocktail while taking in the incredible views of the Atlantic Ocean, the iconic Wildwood Boardwalk, and the surrounding city skyline. During the summer season, enjoy a front-row seat to the spectacular Friday night fireworks! Unlike many converted properties, the Mali Kai was originally constructed as a condominium building and offers an impressive collection of amenities, including a heated swimming pool, spacious sundeck, elevator, on-site laundry facilities, gas BBQ grills, off-street parking, and professional management. The association is also pet-friendly! This condominium is being sold furnished, including appliances and electronics, with the exception of personal items, making it easy to begin enjoying your Shore getaway immediately. With an established rental history of approximately $22,000 this season (with owner use) and a turnkey furnished interior, this property presents an attractive opportunity for buyers seeking both personal enjoyment and rental income. The monthly condominium fee of $295 includes water, sewer, cable television, wifi, and exterior insurance. A current quarterly assessment of $300 is in place for exterior improvements and reserve funding. Whether you're searching for your own vacation retreat, an income-producing investment, or a little bit of both, Unit 507 at the Mali Kai offers the perfect combination of location, amenities, established rental history, and those PRICELESS Shore views! Schedule your private showing today!

Highlights

Listed by Jeanine M. Cabrera , 6097290559 Cabrera Coastal Real Estate, LLC , 6097290559. Bright MLS

Property Type

Residential

HOA Fee

295 Monthly

Year Built

1960

County

Cape May

Area

North Wildwood City (20507)

Neighborhood

Mali Kai Condominium

School District

North Wildwood City Schools

Listing ID

NJCM2008384

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:490
Other:
  • ▪ Main Floor Bedrooms:1
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:1
Zoning:OS
Others:
  • ▪ Additional:Cable TV, Common Area Maintenance, Ext Bldg Maint, Sewer, Trash, Water, Insurance
Sewer:Public Sewer
Parking Features:Off Street,1+ Spaces
Principal Interest
$2,093
Taxes
$197
HOA
$295

Home Price

$387,500

Loan Details

30 yrs
7.144%

Down Payment

20%
$77,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,092.50

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,092.50 $197.07 $295.00 $2,584.57
Yearly $25,110.05 $2,364.82 $3,540.00 $31,014.87
Total $753,301.59 $70,944.60 $106,200.00 $930,446.19
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (North Wildwood, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS