$2,100 per month

505 Penguin Dr Unit 8 Ocean City, MD 21842

2 Beds
1.5 Baths
1,033 Sq Ft
1981 Built

Highlights

  • 112 Feet of Waterfront
  • Primary bedroom faces the bay
  • Pier
  • Ocean City Elementary School Rated A
  • 1 Dock Slip
  • Fishing Allowed

About This Home

Waterfront Townhome Rental – Off-Season Special!
Enjoy serene canal-side living in this charming townhome on the water in Ocean City! Perfect for the off-season, available now through April 30th.
Features:
Price: $2,100/month
Private boat slip – can be rented separately
2 bedrooms, 2 baths – spacious and comfortable
Electric and cable – tenant responsibility
Water and WiFi – covered by landlord
No smoking & no pets allowed
Direct access to the water – perfect for boating and relaxation
Location:
Just minutes from the beach
Close to restaurants, shopping, and local attractions
This is an ideal spot for anyone looking to enjoy peaceful waterfront living during the off-season. Don’t miss out!
Homeowner has Outdoor Security Cameras at the home.
More Photo's Coming

Listing Agent

Anna Montgomery

Long & Foster Real Estate, Inc. License #667270 Listed on: 09/04/2025

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1981

Lot Details

  • 112 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home
  • Additional Land

Property Views

  • Bay
  • Canal

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,033 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom faces the bay

Laundry

  • Laundry on main level
  • Stacked Electric Washer and Dryer

Parking

  • Paved Parking
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Pier
  • Access to Tidal Water
  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a canal
  • Personal Watercraft
  • Electric Hoist or Boat Lift
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Powered Boats Permitted
  • Multiple Balconies

Schools

  • Stephen Decatur High School

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • Rent includes water
  • No Smoking Allowed
  • 7-Month Lease Term
  • Available 9/4/25
  • Assessor Parcel Number 10-211751

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, exterior building maintenance, insurance, pier/dock maintenance, reserve funds
  • Mallard Landing Condos
  • Mallard Landing Community
  • Mallard Landing Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Fishing Allowed

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Date Available: 2025-09-04
  • Pets Allowed: No
  • Rent Includes: Water
  • Security Deposit: 2100.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 7
  • Min Lease in Months: 7
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Accessibility Features: Level Entry - Main
  • Exclusions: Sheet & Towels
  • Inclusions: Furnished Home
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1981
  • Remarks Public: Waterfront Townhome Rental – Off-Season Special! Enjoy serene canal-side living in this charming townhome on the water in Ocean City! Perfect for the off-season, available now through April 30th. Features: Price: $2,100/month Private boat slip – can be rented separately 2 bedrooms, 2 baths – spacious and comfortable Electric and cable – tenant responsibility Water and WiFi – covered by landlord No smoking & no pets allowed 🚭🐾 Direct access to the water – perfect for boating and relaxation Location: Just minutes from the beach 🏖️ Close to restaurants, shopping, and local attractions 🍴🛍️ This is an ideal spot for anyone looking to enjoy peaceful waterfront living during the off-season. Don’t miss out! Homeowner has Outdoor Security Cameras at the home. More Photo's Coming
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Icemaker, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater, Energy Star Refrigerator
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Primary Bedroom - Bay Front, Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1033
  • Living Area Sq Ft: 1033
  • Price Per Sq Ft: 2.03
  • Above Grade Finished Sq Ft: 1033
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Frame, Stick Built, Vinyl Siding
  • Roof: Asphalt
  • View: Canal, Bay, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Private Access, Boat - Powered
  • Water Access: Yes
  • Water Body Type: Canal
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 112

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements, Paved Parking
  • Type Of Parking: On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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 Frequency: Annually
  • Condo Co-Op Name: Mallard Landing
  • HOA Condo Co-Op Amenities: Common Grounds, Reserved/Assigned Parking, Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Features: Additional Lot(s)
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balconies- Multiple
  • Zoning: R-2

Tax Info

  • Assessor Parcel Number: 10-211751

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Source: Bright MLS

MLS Number: MDWO2033132

Bright MLS