Patterson-Schwartz Real Estate12907 Assawoman Drive #3S, Ocean City, MD 21842-7821 $419,900
Interior Sq. Ft: 800
Acreage: 0
Age:51 years
Style:
Coastal
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Don't miss the opportunity to own this exceptional 2-bedroom ocean-block condo at 12907 Assawoman Dr Unit 3S, Ocean City, MD 21842. Boasting an open concept layout and 800 sq ft of living space, this unit features bright living areas with southern exposure and ocean views. Perfect for a vacation home or rental investment, this property has been successfully managed through Benchmark, bringing in over $29k in rental income in 2023. Sale of this condo is contingent upon the buyer honoring scheduled 2024 rentals, totaling over $20k in rental income. Located just steps from the beach in North Ocean City, MD, Valkyrie 3S provides convenient beach access. Enjoy the expansive balcony with views of the ocean and cityscape along Assawoman Drive, ideal for outdoor gatherings. The bedrooms are generously sized and designed with coastal themes, ensuring comfortable accommodations. The Master Bedroom includes a queen-sized bed and a half bathroom, bathing in natural sunlight from southern and western exposures, with views of fireworks over Northside Park just two blocks away. The second guest bedroom features two queen-sized beds and benefits from western exposure, filling the space with natural light. The kitchen showcases granite countertops and modern stainless steel appliances. The living room seamlessly connects to the kitchen and dining area, offering easy entertaining. At night, enjoy the serene ambiance illuminated by town lights streaming into the condo. Additional highlights include new luxury vinyl plank flooring, an updated HVAC system, a spacious laundry closet, and convenient outdoor storage for beach essentials. This property blends comfort with a prime location, making it an ideal choice for personal enjoyment and investment in Ocean City, MD.
Home Assoc: No
Condo Assoc: $700/Quarterly
Buyer Agency Comp*: 2 % Of Gross
Basement: N
Pool: No Pool
High School: Stephen Decatur
Features
Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, 110 Volts, Dryer In Unit, Washer In Unit
Garage/Parking
On Street, Parking Lot
Exterior
Flat Roof, Stick Built Exterior
Lot
Ocean View
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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.
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
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-545-2233
Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net
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.
