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Backup Offers

16 62nd St Unit 306, Ocean City, MD, 21842

$299,000

Home List Price

$3,551*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
645 SqFt
$464/SqFt
Condo

Location

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16 62nd St Unit 306, Ocean City$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1972
HeatingCentral
CoolingCentral Air
ViewOcean, Bay
MLS #MDWO2026192
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 16 62nd St Unit 306

Welcome to Shore Lea #306, a beautifully maintained third-floor ocean block condo located in midtown Ocean City on 62nd Street, just a stone's throw from the beach. This charming one-bedroom, one-and-a-half-bath retreat offers stunning views of both the ocean and the bay from your own private balcony, making it the perfect getaway or a lucrative short-term rental opportunity. The ideal Midtown location makes delicious restaurants like Seacrets, Macky’s, Hooked, and Barrio Taco steps away and groceries are right across the street at Rick’s gourmet Market. Upon entering, you'll be greeted by a bright and airy layout designed for comfort and style. The condo is offered fully furnished, with only a few exclusions, ensuring a hassle-free transition for new owners. The cinder block building is well cared for, with one of the lowest HOA fees in OC, providing peace of mind and a strong sense of community. Conveniently located at the foot of the Route 90 bridge, with private parking and plenty of free street parking, accessing your beach home is effortless, making spontaneous trips to the shoreline a delight. This condo boasts key upgrades, including recent water heater, dishwasher, HVAC, wind-resistant slider and windows, enhancing both energy efficiency and aesthetic. Whether you're looking for a personal retreat or a rental investment, this condo is ready to welcome you. Don't miss your chance to own this slice of paradise at the beach-schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1972
  • Stories: 1
  • Living Area: 645 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (302) 360-0300
  • Listing Agent: Brigit R Taylor

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Oven, Electric Range, Washer/Dryer Stacked
  • Basement: No
  • Interior: Combination Kitchen/Living, Ceiling Fan(s), Window Treatments, Bathroom - Tub Shower, Carpet, Crown Moldings, Dining Area, Floor Plan - Open

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Ocean, Bay
  • Exterior: Outside Shower, Sidewalks, Street Lights

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Rt. 1 Coastal Highway Heading North from the Inlet, Turn Right onto 62nd St. (directly across from Rt. 90). The building is on the Left. Parking on the street or there is a designated parking area behind the building.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $464/SqFt
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

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Ocean City, MD

City

Med. Sold Price

$449.5K

Med. Price/SqFt

$429

Avg. Days On Market

80

# of Sold Homes

90

16 62nd St Unit 306 vs Ocean City

32 DAYS ON ROCKET

-48 Days

$299,000

-$150.5K Less

$464/SqFt

+$35 More

KEY TAKEAWAY

This property is $150.5K less than the Median Sold Price and $35/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2026192

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (302) 360-0300
  • Listing Agent: Brigit R Taylor

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-342243
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.47 miles

  • Public District Grades PK-4

school-card-donut-342244
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.85 miles

  • Public District Grades PK-3

school-card-donut-342245
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.74 miles

  • Public District Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,474. The majority of Ocean City, MD residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Ocean City, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Ocean City, MD?

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

Is Ocean City, MD a good place to live?

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Are things conveniently located in Ocean City, MD?

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

What does the transportation in Ocean City, MD look like?

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

Frequently Asked Questions About 16 62nd St Unit 306

What is the listing price of this property?

The listing price of 16 62nd St Unit 306 property is $299,000.

What type of property is this?

The property 16 62nd St Unit 306 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Accepting Backup Offers: 16 62nd St Unit 306 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 16 62nd St Unit 306 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 62nd St Unit 306 is 645 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 62nd St Unit 306 is 1972.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›16 62nd St Unit 306

This home is located at 16 62nd St Unit 306 in Ocean City, MD and zip code 21842. This 645 square foot home was built in 1972. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $299,000.

While more than 12 listings in Ocean City, MD in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 67 were sold below. The number of homes for sale in Ocean City, MD increased by 16.2% between September 2024 and October 2024. In October 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $449,548.

From Rocket Homes Real Estate and based on county public records data.

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