9900 Coastal Highway #2511, Ocean City, MD 21842-2658 $495,000

Beds/Baths: 2/2
Interior Sq. Ft: 1,116
Acreage:
Age:49 years
Style:
Unit/Flat
MLS#: MDWO2020738
Subdivision: None Available
Design/Type:
Penthouse Unit/Flat/Apartment

Description

Price reduction! Welcome to your fully furnished, income-producing dream oceanfront retreat! Perched atop the 25th floor, this stunning penthouse presents unparalleled panoramic views of the glistening Atlantic Ocean. Step into luxury with this exquisite 2-bedroom, 2-bathroom condo, meticulously designed to offer both comfort and elegance. The spacious layout invites you to indulge in coastal living at its finest, with expansive windows that flood the space with natural light and frame the endless ocean vistas. Imagine waking up to the sound of waves crashing against the shore and sipping your morning coffee on your private balcony as you watch the sunrise over the horizon. With direct oceanfront access, every day feels like a vacation in this idyllic oasis. The master suite is a serene sanctuary, complete with its own en-suite bathroom. The second bedroom provides versatility, perfect for guests. This unit is not only a personal paradise but also an income-producing asset, with a proven track record of rental success. Whether you choose to enjoy it as a private retreat or capitalize on its rental potential, the choice is yours. Located in a premier oceanfront building, residents enjoy exclusive amenities including a sparkling swimming pool, fitness center, and 24-hour security. Plus, with convenient access to nearby dining, shopping, and entertainment options, everything you need is right at your fingertips. Priced to sell quickly, this rare opportunity to own a piece of paradise won't last long. Don't miss your chance to experience luxurious oceanfront living in beautiful Ocean City, Maryland. Schedule your private showing today and make this penthouse your own slice of coastal heaven.

Taxes: $4,706
Home Assoc: No
Condo Assoc: $606/Monthly
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Type: Ocean; Waterfront: Sandy Beach; Types of Use: Private Access, Public Access, Public Beach; Navigable: Yes;

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Parking Lot

Exterior
Masonry

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

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This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: RG Realty, Inc.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/22/2024.

9900 Coastal Highway #2511, Ocean City, MD 21842-2658

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.