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Backup Offers

2301 Philadelphia Ave Unit 207, Ocean City, MD, 21842

$209,900

Home List Price

$2,493*

Closing Credit

1 Bedroom
1 Full Bath
408 SqFt
$514/SqFt
Condo

Location

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2301 Philadelphia Ave Unit 207, Ocean City$209,900

Buyer Closing Credits

$2,493*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Site, Parking Lot
Year Built1975
HeatingOther
CoolingWall Unit(s)
MLS #MDWO2023494
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 2301 Philadelphia Ave Unit 207

Discover the perfectly affordable beach getaway on the bayside with this charming 1 bed, 1 bath unit ideally located off Coastal Highway on 23rd St. This unit's location in the building offers bayside canal view from entire living area & bedroom (the unit has a permanent wall that was installed to change it from an efficiency unit to a 1 bedroom). Open floor plan from kitchen into living area, and kitchen island seats 4 for eat-in dining. The kitchen offers an electric range, built-in microwave, dishwasher and full size refrigerator with bottom drawer freezer. Westward Ho just did an exterior renovation in spring of '24, and the building offers an elevator, outdoor shower, small picnic & grilling area that overlooks canal which leads to open bay, and laundry facilities on site (one for owners only, and a second for renters). Also, water consumption is included in condo fee, but fixture fees are paid for by unit owner. Each unit in the building receives two parking passes. There is a private boat launch ramp that owners in Westward Ho are allowed to use if they show proof of ownership, and there is also a boat tie-up area in the canal (no storing of boat or trailer in parking lot is allowed). It is a non smoking building. Safely cross at a stoplight for a short walk to the beach and boardwalk! Also, it's a hop, skip and a jump to some of Ocean City’s most popular mini-golf, restaurants and bars. The unit is sold furnished. Currently rented to year-round tenant whose lease is up in April '25, buyer must honor lease. With excellent short term and seasonal rental potential, you can make an investment at the beach!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1975
  • Stories: 1
  • Living Area: 408 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Listing Agent: Lauren W. Bunting

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Off Site, Parking Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Coastal Hwy to 23rd Street right past Embers - Bayside

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $209,900
  • Price Per SqFt: $514/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

2301 Philadelphia Ave Unit 207 vs Ocean City

48 DAYS ON ROCKET

-32 Days

$209,900

-$239.6K Less

$514/SqFt

+$85 More

KEY TAKEAWAY

This property is $239.6K less than the Median Sold Price and $85/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: #MDWO2023494

Listing Office:

  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Listing Agent: Lauren W. Bunting

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: 11/22/2024, 3:20:50 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-503106
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.65 miles

  • Public District Grades PK-4

school-card-donut-503107
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.68 miles

  • Public District Grades PK-3

school-card-donut-503108
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.39 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 $55,076. Residents of Ocean City, MD typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

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 2301 Philadelphia Ave Unit 207

What is the listing price of this property?

The listing price of 2301 Philadelphia Ave Unit 207 property is $209,900.

What type of property is this?

The property 2301 Philadelphia Ave Unit 207 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Accepting Backup Offers: 2301 Philadelphia Ave Unit 207 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 2301 Philadelphia Ave Unit 207 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2301 Philadelphia Ave Unit 207 is 408 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2301 Philadelphia Ave Unit 207 is 1975.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›2301 Philadelphia Ave Unit 207

This home is located at 2301 Philadelphia Ave Unit 207 in Ocean City, MD and zip code 21842. This 408 square foot home was built in 1975. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $209,900.

In October 2024, from all listings sold in Ocean City, MD there were more than 12 sold above asking price, over 67 sold below and more than 11 were sold right at the asked price. In October 2024 in Ocean City, MD there were 16.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 80 days, the median list price was $449,548.

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

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