$283,000

Estimated payment $2,094/month

Total Views 8,251
1 Bed
1 Bath
616 Sq Ft
$459 Price per Sq Ft

Highlights

  • Ocean View
  • Penthouse
  • Building is oceanfront but unit may not have water views
  • Ocean City Elementary School Rated A
  • Water Oriented
  • Open Floorplan

About This Home

This property checks all the boxes! Ocean and Bay views! Steps from the beach! Fantastic mid-town location within walking distance of the Convention Center, and so close to some of the most popular restaurants in Ocean City! Enjoy your morning cup of coffee on the top floor deck watching the sunrise over the beach or enjoy an Island cocktail watching the sun set over the bay.The open floor plan with its kitchen/living room combination is bright and spacious. The kitchen is well laid out with plenty of cabinet space. The light-filled bedroom is large with good closet space, and this low maintenance unit features a new HVAC system which was installed in 2022.This well-managed building offers ample, unassigned off-street parking and an exterior shower for rinsing off after a day at the beach. Local secret: This area, because of its location, features the least crowded beaches in Ocean City! The numbers and location are an investors dream! Whether you are looking for a great, affordable beach getaway or the perfect resort investment property, your search ends here!

Listing Agent

Dale Rickenbach

Cummings & Co. Realtors License #90241 Listed on: 03/12/2025

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 1983

HOA Fees

  • $350 Monthly HOA Fees

Property Views

Home Design

  • Penthouse
  • Coastal Architecture
  • Flat Roof Shape

Interior Spaces

  • 616 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Parking Lot
  • Off-Site Parking
  • Parking Permit Included
  • Unassigned Parking

Outdoor Features

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Building is oceanfront but unit may not have water views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 332
  • Assessor Parcel Number 2410236193

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Ocean Point Iii Community

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Common Area
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,089

Year Built

Built in 1983

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Coastal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Remarks Public: This property checks all the boxes! Ocean and Bay views! Steps from the beach! Fantastic mid-town location within walking distance of the Convention Center, and so close to some of the most popular restaurants in Ocean City! Enjoy your morning cup of coffee on the top floor deck watching the sunrise over the beach or enjoy an Island cocktail watching the sun set over the bay. The open floor plan with its kitchen/living room combination is bright and spacious. The kitchen is well laid out with plenty of cabinet space. The light-filled bedroom is large with good closet space, and this low maintenance unit features a new HVAC system which was installed in 2022. This well-managed building offers ample, unassigned off-street parking and an exterior shower for rinsing off after a day at the beach. Local secret: This area, because of its location, features the least crowded beaches in Ocean City! The numbers and location are an investors dream! Whether you are looking for a great, affordable beach getaway or the perfect resort investment property, your search ends here!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Washer/Dryer Stacked, Water Heater, Oven/Range - Electric, Refrigerator
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Door Features: Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 616
  • Living Area Sq Ft: 616
  • Price Per Sq Ft: 459.42
  • Above Grade Finished Sq Ft: 616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Outside Shower
  • Roof: Flat
  • View: Bay, Ocean, Water
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Permit Included
  • Type Of Parking: Off Site, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • 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: 350.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint
  • 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-3
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2089.00
  • Assessor Parcel Number: 2410236193
  • Tax Lot: 332
  • Tax Total Finished Sq Ft: 616
  • 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 $2,082 $149,233 $0 $0
2023 $1,696 $120,700 $60,300 $60,400
2022 $1,696 $120,700 $60,300 $60,400
2021 $1,706 $120,700 $60,300 $60,400
2020 $1,705 $120,700 $60,300 $60,400
2019 $1,682 $118,233 $0 $0
2018 $1,630 $115,767 $0 $0
2017 $1,600 $113,300 $0 $0
2016 -- $113,100 $0 $0
2015 $1,500 $112,900 $0 $0
2014 $1,500 $112,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $283,000 -- $459 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $134,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,200 Purchase Money Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: MDWO2029292

Bright MLS

APN: 10-236193