$385,000
UNDER CONTRACT

Marigot Beach Condominiums 10002 Coastal Hwy Unit 406 Ocean City, MD 21842

Estimated payment $3,008/month

Total Views 3,363
1 Bed
1.5 Baths
720 Sq Ft
$535 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Community Indoor Pool
  • Ocean City Elementary School Rated A
  • Open Floorplan
  • Furnished

About This Home

Direct oceanfront condo on a prime floor in the popular Marigot Beach building. This condo offers one bedroom, one full-bathroom and one half-bathroom in a larger floor plan. The open living area features the living room, dining area and a fully-equipped kitchen with a convenient breakfast counter. There is a private balcony off of the living area that is a great place to relax, unwind and enjoy the beautiful ocean and beach views. The condo’s fourth floor location is not too high and not too low, providing the perfect vantage point of the beach, ocean and breaking waves. The bedroom is generously sized and features an ensuite half-bathroom. The full-bathroom is centrally located and easily accessible from throughout the condo. This condo has been well-maintained and is in very good condition. Vinyl-plan flooring was recently installed throughout. Building amenities include an indoor pool, hot tub, multiple elevators, assigned parking, onsite management, beachfront sundeck and outside showers. Restaurants, parks, shopping and coffee shops are all within walking distance. Property conveys fully-furnished and equipped. Great rental potential if that is a consideration. Condo fee covers cable and Internet. This condo offers easy oceanfront living in Ocean City, Maryland. Schedule your private showing today.

Listing Agent

Nicholas Bobenko

Coastal Life Realty Group LLC Listed on: 04/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,517

Year Built

  • Built in 1984

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front

HOA Fees

  • $570 Monthly HOA Fees

Interior Spaces

  • 720 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Balcony

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 406
  • Assessor Parcel Number 2410268931

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal, trash, water, cable TV
  • High-Rise Condominium
  • Marigot Beach Community

Amenities

  • Elevator

Recreation

  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,517

Year Built

Built in 1984

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-04-04
  • Federal Flood Zone: Yes
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: Direct oceanfront condo on a prime floor in the popular Marigot Beach building. This condo offers one bedroom, one full-bathroom and one half-bathroom in a larger floor plan. The open living area features the living room, dining area and a fully-equipped kitchen with a convenient breakfast counter. There is a private balcony off of the living area that is a great place to relax, unwind and enjoy the beautiful ocean and beach views. The condo’s fourth floor location is not too high and not too low, providing the perfect vantage point of the beach, ocean and breaking waves. The bedroom is generously sized and features an ensuite half-bathroom. The full-bathroom is centrally located and easily accessible from throughout the condo. This condo has been well-maintained and is in very good condition. Vinyl-plan flooring was recently installed throughout. Building amenities include an indoor pool, hot tub, multiple elevators, assigned parking, onsite management, beachfront sundeck and outside showers. Restaurants, parks, shopping and coffee shops are all within walking distance. Property conveys fully-furnished and equipped. Great rental potential if that is a consideration. Condo fee covers cable and Internet. This condo offers easy oceanfront living in Ocean City, Maryland. Schedule your private showing today.
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4224
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 4
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Floor Plan - Open, Primary Bath(s)
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 534.72
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10002

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Outside Shower
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 570.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Hot Tub, Pool - Indoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Snow Removal, Trash, Water, Cable Tv
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2024
  • Zoning: R-2
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3517.00
  • Assessor Parcel Number: 2410268931
  • Tax Lot: 406
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,506 $251,267 $0 $0
2023 $2,884 $205,200 $143,600 $61,600
2022 $2,813 $200,133 $0 $0
2021 $2,757 $195,067 $0 $0
2020 $2,685 $190,000 $133,000 $57,000
2019 $2,703 $190,000 $133,000 $57,000
2018 $2,676 $190,000 $133,000 $57,000
2017 $2,746 $194,400 $0 $0
2016 -- $194,400 $0 $0
2015 $2,835 $194,400 $0 $0
2014 $2,835 $208,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $385,000 -3.8% $535 / Sq Ft
04/03/2025 04/03/25 For Sale $400,000 +6.7% $556 / Sq Ft
12/19/2023 12/19/23 For Sale $375,000 0.0% $521 / Sq Ft
11/19/2023 11/19/23 Sold $375,000 +97.4% $521 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
08/31/2017 08/31/17 Sold $190,000 -5.0% $264 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $199,900 -- $278 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $375,000 None Listed On Document
Deed $190,000 Real Estate Title & Escrow
Deed -- --
Deed $117,000 --
Deed $89,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 No Value Available
Previous Owner $80,800 No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: MDWO2029774

Bright MLS

APN: 10-268931