501 Surf Ave, 2-D

Discover your dream home in the desirable Bright Water Tower complex with this stunning 1 bedroom condominium located on the second floor. Enjoy your peaceful oasis with views of the refreshing outdoor pool, and relish in the tranquility of being just steps away from the ocean. This unit comes with the added convenience of deeded parking, making it a great opportunity for investors looking to take advantage of a 1031 exchange. The building itself features an updated lobby, gym, outdoor pool, doorman, and security service, providing both comfort and security for residents. HOA costs $522.35 per month, which includes ALL utilities, and an assessment fee of $128.13. The current lease on this unit runs through 12/31/2023, with the tenant paying $2,000.00 per month and the parking rented for $175.00 per month, ensuring a steady stream of rental income for investors. This condo's location is truly unbeatable, situated right across from the beach, boardwalk, and beautiful park. The Q and F train lines, supermarkets, and local restaurants are all within easy reach, making this the perfect opportunity to own a valuable apartment in a highly sought-after area. Don't miss out on the chance to make this stunning unit your own!