This building is a hotel converted to condos. I have sold several of these units . The fees are $358. It covers general maintenance, insurance, trash and some utilities. It is an old building that still needs a lot of work. The high condo fees provide the funds to do the repairs. Unfortunately in recent years many of the owners have not paid their fees regularly, and several have been sold as short sales.
I will be happy to help you find a reasonably priced property in Ocean CIty!
Coldwell Banker- Casa Bella Realtors