UPDATED:
11/11/2024 05:27 PM
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 288 sqft
Price per Sqft $625
Subdivision None Available
MLS Listing ID MDWO2026182
Style Unit/Flat
Full Baths 1
HOA Fees $2,300/ann
HOA Y/N Y
Abv Grd Liv Area 288
Originating Board BRIGHT
Year Built 1989
Annual Tax Amount $1,288
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Description
first-floor studio condo. Ideally situated just steps from the beach, you’ll enjoy direct access to the sand
and surf without the hassle of a long walk. Location is what makes this property really shine; adjacent to
the newly renovated Sea Loft Hotel and walking distance to Belly Busters, Seacrets, Aloft Bayfront Tiki
Bar, Macky’s and more. This cozy studio has been recently updated to offer everything you need for a
delightful coastal getaway. The space features new herringbone luxury vinyl planks and a stylish walk-in
shower with contemporary black fittings. The well-equipped kitchenette boasts light wood cabinets,
granite countertops, a stainless steel slim overhead microwave, a retro fridge, and essential small appliances, making meal preparation a breeze. The combined living and bedroom area includes a queen-sized bed, large closet, a small loveseat with storage, a through-the-wall AC and heat unit, a smart TV, and large sliding windows that fill the space with natural light. Convenience is key with a designated parking spot right out front, and the condo is easily accessible via a short flight of stairs or a handicap ramp on the first floor. Additionally, you’ll benefit from a storage locker in the back unit for all your beach gear. Recent building assessments ensure the property’s security and necessary updates, and low HOA fees reflect the new condo reserve study requirements. With a low cost of maintenance, upkeep, and utilities, this condo is an affordable investment for either a vacation home or a rental property. With 8 years of rental history and an average gross rental income of $25,000 per year, it offers an excellent opportunity to offset costs while enjoying the beachside lifestyle. Don’t miss out on owning this ideal coastal escape in Ocean City!
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning R-3
Interior
Hot Water None
Heating Wall Unit
Cooling Wall Unit
Inclusions Furnished as shown
Furnishings Yes
Fireplace N
Heat Source Electric
Exterior
Utilities Available Electric Available, Water Available, Cable TV Available
Amenities Available Common Grounds, Extra Storage, Reserved/Assigned Parking
Waterfront N
Water Access N
Accessibility Ramp - Main Level
Parking Type Off Street
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Ext Bldg Maint,Insurance,Management,Reserve Funds,Snow Removal,Trash
Senior Community No
Tax ID 2410067413
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Description Case by Case Basis
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