712 Gulf Stream Dr Ocean City, MD 21842
Estimated payment $4,397/month
Total Views
41,462
3
Beds
2
Baths
1,392
Sq Ft
$502
Price per Sq Ft
Highlights
- 50 Feet of Waterfront
- 2 Dock Slips
- Canal View
- Ocean City Elementary School Rated A
- Access to Tidal Water
- Deck
About This Home
Waterfront Perfection in Montego Bay – Bay Views, Deep Water Access & More
Welcome to 712 Gulf Stream Drive—an exceptional waterfront property nestled along one of the widest canals in Ocean City’s beloved Montego Bay community. With sweeping views of the bay and direct access to open water, this rare offering combines an unbeatable location with turnkey comfort, offering the ultimate coastal lifestyle for boaters and beach lovers alike.
Positioned on a premium canal-front lot, this home enjoys not only scenic beauty but also practical advantages. Two (yes TWO) private boat lifts are perched over some of the deepest water in Ocean City, making it ideal for larger boats or vessels with deeper drafts—something not easily found elsewhere. Whether you’re a serious boater or a weekend cruiser, this setup is unmatched for convenience, safety, and accessibility.
The home features three spacious bedrooms and a bright, meticulously maintained interior that reflects true pride of ownership. The open-concept living space flows effortlessly into a charming three-season room overlooking the water—perfect for enjoying morning coffee, hosting friends, or unwinding with a sunset view after a day on the water. Thoughtful finishes and clean, coastal design elements make this home feel warm, inviting, and move-in ready.
Step outside to discover your oversized waterfront dock, offering plenty of room for entertaining, lounging in the sun, or casting a line from your own backyard. Whether you're seeking a second home, an investment property, or a full-time residence, this home delivers exceptional value and unforgettable views.
Located in Montego Bay, one of North Ocean City’s most sought-after communities, you'll enjoy access to amenities like two outdoor pools, tennis courts, a community fishing pier, and scenic walking trails—all with no ground rent and low HOA fees. Plus, you’re just a few short blocks from the beach, Northside Park, dining, and entertainment.
712 Gulf Stream Drive is more than just a home—it’s a waterfront sanctuary where every day feels like a vacation.
No issues with Property Insurance with this home. Quotes for Homeowners and Flood insurance are available in the Agents Documents section of the MLS. Est combined for both is only $2600-2700/yr
Listing Agent
Keller Williams Realty Delmarva License #RA0020779 Listed on: 04/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,741
Year Built
- Built in 1991
Lot Details
- 3,623 Sq Ft Lot
- 50 Feet of Waterfront
- Home fronts navigable water
- Property is zoned TR
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Parking Spaces
Home Design
- Rambler Architecture
- Block Foundation
- Frame Construction
- Asphalt Roof
- Vinyl Siding
- Modular or Manufactured Materials
Interior Spaces
- 1,392 Sq Ft Home
- Property has 1 Level
- Furnished
- Insulated Windows
- Window Treatments
- Window Screens
- Canal Views
- Crawl Space
Kitchen
- Electric Oven or Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Access to Tidal Water
- Water Access
- Property is near a canal
- 2 Dock Slips
- Physical Dock Slip Conveys
- Deck
- Patio
- Storage Shed
Location
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1517B
- Assessor Parcel Number 2410318343
Community Details
Overview
- Association fees include common area maintenance, management, reserve funds
- Montego Bay Civic Association
- Montego Bay Subdivision
- Property Manager
Amenities
- Common Area
Recreation
- Tennis Courts
- Community Pool
Map
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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 | $6,721 | $558,333 | $0 | $0 |
| 2024 | $6,721 | $481,667 | $0 | $0 |
| 2023 | $5,692 | $405,000 | $232,000 | $173,000 |
| 2022 | $5,369 | $382,000 | $0 | $0 |
| 2021 | $5,073 | $359,000 | $0 | $0 |
| 2020 | $4,747 | $336,000 | $232,000 | $104,000 |
| 2019 | $4,780 | $336,000 | $232,000 | $104,000 |
| 2018 | $4,732 | $336,000 | $232,000 | $104,000 |
| 2017 | $5,400 | $382,300 | $0 | $0 |
| 2016 | -- | $373,433 | $0 | $0 |
| 2015 | $5,088 | $364,567 | $0 | $0 |
| 2014 | $5,088 | $355,700 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | For Sale | $699,000 | 0.0% | $502 / Sq Ft |
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | Price Changed | $699,000 | -4.1% | $502 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $729,000 | -2.7% | $524 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $749,000 | -- | $538 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $394,000 | -- | |
| Deed | $77,400 | -- |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2030178
APN: 10-318343
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