Patterson-Schwartz Real Estate102 25Th Street #101, Ocean City, MD 21842-6791 $649,900
Interior Sq. Ft: 1,440
Acreage:
Age:19 years
Style:
Unit/Flat
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Don't miss out on this amazing opportunity to own a stunning 3 bedroom ocean block condo just 1 block from the world-famous Ocean City Boardwalk! Gaze at the ocean view from the large wrap-around balcony and also catch a glimpse of the bay. The open floor plan floods the space with natural light through multiple windows and sliders. The fully equipped kitchen boasts quartz counters, a convenient breakfast bar, and new stainless steel appliances. Enjoy the warmth and coziness of the gas fireplace, along with the modern amenities of ceiling fans, recessed lighting, crown molding, fire sprinkler system and new vinyl wood flooring in living room & dining area. New furnishings in 2024 include the couch, dining room table & chairs, sofa table, ottoman and entryway storage unit / 2023 the queen bed frame was replaced / 2022 include the king bed, bed frame and the twin bed in the bunk room. Also, all TV's have all been replaced within the past 3 years. The primary bedroom features an en-suite bathroom, a walk-in closet and sliders to the balcony. This condo is not only perfect as a second home but also has great rental potential. The consistent rentals have netted the seller $37K in 2022, $35K in 2023 and for 2024 there is $32K net booked with more weeks open for rentals! The convenient location at 25th St allows for easy access to the Beach, Boardwalk, Jolly Rogers Amusement & Water Park, miniature golf, water sports, many restaurants, shopping and entertainment. Mahalo amenities include an outdoor pool, 2 assigned covered parking spaces, an elevator, a private storage shed and the gas for the fireplace is included in the condo fees. The reserve study has been completed and there are no special assessments, per management company. Time to start making your beach memories here!
Home Assoc: No
Condo Assoc: $2,739/Quarterly
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: Yes - Community
Features
Water
Water Oriented: Yes; Water Front: No; Water Access: No; Water Body Type: Ocean; Navigable: No;
Utilities
Heat Pump - Electric BackUp, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit
Garage/Parking
Off Street, Parking Lot, Assigned Parking
Interior
Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Gas/Propane Fireplace, Accessibility - Level Entry - Main
Exterior
Combination Exterior, Balcony, Wrap Around Porch/Deck, Outside Shower, Secure Storage
Lot
Oceanblock, Bay View, Ocean View
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.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 1.82 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 2.04 mi |
© 2024 LiveBy. All Rights Reserved.
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.
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
Schedule an Appointment to See this Home
Request more information
or call me now at 302-545-2233
Listing Courtesy of: Coastal Life Realty Group LLC , (443) 235-8382, joe@coastallifeoc.com
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.
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Listing data as of 7/03/2024.
