Adagio 5901 Atlantic Ave Unit 206 Ocean City, MD 21842
Estimated payment $5,118/month
Total Views
7,769
3
Beds
3
Baths
1,525
Sq Ft
$452
Price per Sq Ft
Highlights
- Ocean View
- Fitness Center
- Building is oceanfront but unit may not have water views
- Ocean City Elementary School Rated A
- Water Oriented
- Main Floor Bedroom
About This Home
NEW PRICE!! 16K REDUCTION
Now is the time to Buy so you can enjoy the summer and built in income from the current rentals in the books. Spacious mid-town 3 bedroom/3 bath condo just steps to the pristine Ocean City beaches. Ocean views from the balcony are perfect for that morning coffee or afternoon cocktail. Unit is beautifully furnished in neutral beach decor. Primary bedroom has access to the balcony and a large in-suite bathroom. 2nd bedroom also has an in-suite bathroom with bedroom 3 sharing hall bath. Kitchen features a large breakfast bar and granite counter tops. Living room and dining offer plenty of room to enjoy family and friends. If you like rental income it had a good history in the past 2 yrs and some rental scheduled for 2025 already. Building has an indoor pool, fitness center, elevator and a secured lobby. Unit has reserved parking #42 under the building and by the elevator. Plenty of additional parking both by the building and street parking. Building is professionally managed and strong finances. Amenities include indoor pool open year round, fitness center and elevator. Perfect midtown location with easy access to great restaurants.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,563
Year Built
- Built in 2002
Lot Details
- Building is oceanfront but unit may not have water views
- Sprinkler System
- Property is in very good condition
HOA Fees
- $998 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Built-Up Roof
- Stucco
Interior Spaces
- 1,525 Sq Ft Home
- Property has 1 Level
- Furnished
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Gas Fireplace
- Window Treatments
- Combination Dining and Living Room
- Carpet
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Parking
- Assigned parking located at #42
- Paved Parking
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Outdoor Shower
- Water Oriented
- Property is near an ocean
- Balcony
- Exterior Lighting
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 206
- Assessor Parcel Number 2410396239
Community Details
Overview
- $5,000 Capital Contribution Fee
- Association fees include common area maintenance, exterior building maintenance, insurance, management, custodial services maintenance, pool(s), reserve funds
- Low-Rise Condominium
- Adagio Condos
- Adagio Community
- Property Manager
Recreation
- Fitness Center
Pet Policy
- Pets allowed on a case-by-case basis
Additional Features
- 2 Elevators
- Fire Sprinkler System
Map
About Adagio
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $5,547 | $415,300 | $0 | $0 |
| 2024 | $5,547 | $397,500 | $0 | $0 |
| 2023 | $5,336 | $379,700 | $265,700 | $114,000 |
| 2022 | $5,336 | $379,700 | $265,700 | $114,000 |
| 2021 | $5,366 | $379,700 | $265,700 | $114,000 |
| 2020 | $5,364 | $379,700 | $265,700 | $114,000 |
| 2019 | $5,380 | $378,167 | $0 | $0 |
| 2018 | $5,305 | $376,633 | $0 | $0 |
| 2017 | $5,282 | $375,100 | $0 | $0 |
| 2016 | -- | $372,067 | $0 | $0 |
| 2015 | $5,746 | $369,033 | $0 | $0 |
| 2014 | $5,746 | $366,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | Price Changed | $689,000 | -2.3% | $452 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $705,000 | +13.7% | $462 / Sq Ft |
| 04/20/2022 04/20/22 | Sold | $620,000 | +4.2% | $407 / Sq Ft |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $595,000 | -- | $390 / Sq Ft |
Source: Bright MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $320,000 | New Conventional | |
| Closed | $237,333 | Stand Alone Second |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2029394
APN: 10-396239
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