Cell: (410) 375-1753 | Office:(410) 583-0400
Cathy Morgan-Dendrinos
Refine Search

5405 Coastal Highway , Unit 307, Ocean City, MD 21842

$399,000
  • 5405 Coastal Highway , Unit 307, Ocean City, MD 21842 Main Photo

46 Total Photos [Click to View All]

New to the Market
BEDS2 BATHS2 full SQUARE FEET1,023 MLS#MDWO2040634
STATUSACTIVE PROPERTY TYPEResidential - Condominium SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

Property Description

What does $399,000 buy you in Ocean City these days? That's actually a pretty good question. In this case (at Sunset Bay #307), it gets you a fully furnished, updated 2-bedroom, 2-bath condo in a bayfront Midtown community with an elevator, pool, fitness center, waterfront access, on-site parking, an oversized private balcony, and a location where leaving the car parked for your entire stay is actually realistic. That's a lot of Ocean City for under $400K. Located bayside at 54th Street, Sunset Bay sits in one of those Midtown locations that becomes more convenient the longer you own here. The beach is only a few minutes away, Route 90 makes getting on and off the island considerably easier, and you're surrounded by restaurants, entertainment, shopping, watersports, and plenty of reasons to leave the car exactly where you parked it. Inside, #307 has already received the updates most buyers are looking for. Wood-style LVP flooring runs throughout, while the kitchen features granite countertops and a tiled backsplash. The interior was professionally designed to feel cohesive and comfortable without becoming overly "beachy" (you know exactly what we're talking about), and the condo is being sold fully furnished. Then there's the balcony. It's oversized, private, and most importantly, actually useful. There's enough room to sit outside, spread out, have dinner, read a book, or enjoy a drink after the beach without rearranging furniture every time someone needs to walk past. Sometimes square footage outside the condo is almost as important as the square footage inside. Sunset Bay adds quite a bit to the equation. The bayfront community offers an outdoor pool and spa, fitness center, elevators, and a shared waterfront dock where owners and guests can launch kayaks or paddleboards, or spend some time crabbing. It's a nice reminder that even when you're not looking directly at the bay from your condo, you're still buying into a community that sits directly on it. And 54th Street might be one of the better case-studies for 'why to buy in Midtown Ocean City'. Walk to the beach. Walk to Fager's Island, Bad Monkey, Alley Oops, Seacrets, and plenty of other restaurants and entertainment nearby. The Convention Center and Jolly Roger aren't far away either, while the Route 90 Bridge gives you one of the most convenient entry and exit points in Ocean City. #307 has previously been rented and has everything you'd expect from a property capable of returning to a vacation-rental program: two bedrooms, two full baths, a furnished and updated interior, usable outdoor space, a pool, elevator, on-site parking, beach access nearby, and a location surrounded by things vacationers already want to do. So let's go back to the original question......What does $399,000 buy you in Ocean City? In this case, it's a LOT MORE than you might expect. An updated and fully furnished 2-bedroom condo. An established bayfront community. Pool. Fitness center. Waterfront access. Elevator. Oversized balcony. On-site parking. A walkable Midtown location. The beach nearby. And legitimate rental potential if that's part of your plan. It's the combination that makes this property so appealing.

5405 Coastal Highway , Unit 307 | MLS# MDWO2040634

This condo located at 5405 Coastal Highway , Unit 307, Ocean City, MD 21842 is currently listed for sale with an asking price of $399,000. This property was built in 2003 and has 2 bedrooms and 2 full baths with 1023 sq. ft. Coastal Highway , Unit 307 is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.realtorcathymd.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central A/C
Fireplaces: 1
Fuel Type: Electric
Heating: Heat Pump(s)
Home Style: Unit/Flat
Roof Type: Built-Up, Flat
Stories: 1.0
Taxes: $4,506
Year Built: 2003

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer
Building Name: Sunset Bay
Community Amenities: Elevator, Exercise Room, Pier/Dock, Pool - Outdoor, Swimming Pool
Condo/Coop Fee: $2032.00/Quarterly
Exterior: Stucco
Exterior: Outside Shower
Fireplace: Gas/Propane
Flooring: Vinyl
Interior: Bathroom - Soaking Tub, Bathroom - Stall Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Kitchen - Gourmet, Pantry, Upgraded Countertops, Window Treatments
Municipality: Ocean City
Parking Features: Assigned, Paved Driveway, Private
Pet Restrictions: No Pet Restrictions
Sewer: Public Sewer
SQFT Above Finished: 1023
SQFT Total Finished: 1023
Structure Type: Unit/Flat/Apartment
Water: Public
Windows: Double Pane, Insulated, Screens

Local Schools

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Delmarva
Agency Phone: 4105246400

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,379.88 per month $888.00 Principal & Interest $375.50 Property Tax $116.38 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Monthly PMI fees could increase payment if above 80% LTV)
Getting pre-qualified is the first step to buying a home! GET PREQUALIFIED NOW Home Mortgage Logo

Login to Saved Search