5 months on rocket

502 Bayshore Dr Unit 37, Ocean City, MD, 21842

$280,000

Home List Price

$3,325*

Closing Credit

2 Bedrooms
1 Full Bath
770 SqFt
$364/SqFt
Condo

Location

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502 Bayshore Dr Unit 37, Ocean City$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1972
HeatingBaseboard
CoolingWall Unit(s)
MLS #MDWO2022288
StatusActive
(ACTIVE)

About 502 Bayshore Dr Unit 37

Welcome to your perfect vacation retreat at the Golden Gate Condominium! This charming 2-bedroom, 1-bathroom property is ideal for those seeking a serene getaway or a fantastic investment opportunity in the heart of Ocean City. Nestled on Bayshore Drive, this condo offers easy access to Ocean City's top attractions. The inviting living area boasts plenty of natural light, creating a warm and welcoming ambiance. Two well-appointed bedrooms provide ample space for family and guests, ensuring comfort and relaxation. The pristine bathroom features modern fixtures and a refreshing color palette. Prepare delicious meals in the fully equipped kitchen, complete with contemporary appliances and ample counter space. Enjoy a refreshing dip in the community pool, perfect for those hot summer days. Additionally, the spacious semi-private deck offers a great spot for relaxation and outdoor dining. Just minutes away, you'll find the thrilling rides of Jolly Roger Amusement Park, the excitement of go-kart racing at Speedworld, and the family fun of Splash Mountain water park. Savor the local cuisine at nearby restaurants, offering a variety of dining options to suit every palate. Spend your days basking in the sun on Ocean City's world-renowned beach or strolling along the vibrant boardwalk, filled with shops, eateries, and entertainment. The Golden Gate condo also offers access to well-maintained community amenities, including a pool area and beautifully landscaped grounds. Take in stunning views of the bay and surrounding area, creating a peaceful and picturesque setting. Ample parking space ensures ease of access for you and your guests. This Golden Gate condo offers a unique blend of comfort, convenience, and coastal charm. Whether you're looking for a personal vacation spot or a rental property, this is an opportunity you won't want to miss. Contact us today to schedule a viewing and make this dream property yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1972
  • Stories: 1
  • Living Area: 770 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Realty
  • Office Phone: (410) 723-3600
  • Listing Agent: Mark J. Hall

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Coastal Highway to Bayshore Drive turn west Golden Gate Condominium will be on your right.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $364/SqFt

Tax Information:

  • Annual Amount: $1,816
  • Tax Year: 2021
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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

$449.7K

Med. Price/SqFt

$427

Avg. Days On Market

67

# of Sold Homes

78

502 Bayshore Dr Unit 37 vs Ocean City

166 DAYS ON ROCKET

+99 Days

$280,000

-$169.7K Less

$364/SqFt

-$63 Less

KEY TAKEAWAY

This property is $169.7K less than the Median Sold Price and $63/SqFt less 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: #MDWO2022288

Listing Office:

  • Office Name: RE/MAX Advantage Realty
  • Office Phone: (410) 723-3600
  • Listing Agent: Mark J. Hall

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. ©2025 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: 1/6/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 21, 2017Home Sold
$135,000
Jul 31, 2012Home Sold
$134,000
Jul 10, 2001Home Sold
$67,010

Tax History

YEARPROP. TAXASSESSMENT
2021$1,816$128,500
2020$1,815$128,500
2019$1,747$122,867
2018$1,656$117,233
2017$1,576$111,600

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-696872
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.48 miles

  • Public District Grades PK-4

school-card-donut-696873
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.28 miles

  • Public District Grades PK-3

school-card-donut-696874
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.16 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. Most Ocean City, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living 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.

Types of housing 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.

What is it like to live in Ocean City, MD?

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.

Is it easy to get around Ocean City, MD without a car?

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.

Transportation in Ocean City, MD.

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 502 Bayshore Dr Unit 37

What is the listing price of this property?

The listing price of 502 Bayshore Dr Unit 37 property is $280,000.

What type of property is this?

The property 502 Bayshore Dr Unit 37 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 502 Bayshore Dr Unit 37 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,816 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 21, 2017 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Bayshore Dr Unit 37 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 502 Bayshore Dr Unit 37 is 770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Bayshore Dr Unit 37 is 1972.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›502 Bayshore Dr Unit 37

This home is located at 502 Bayshore Dr Unit 37 in Ocean City, MD and zip code 21842. This 770 square foot home was built in 1972. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $280,000.

Ocean City, MD housing market in December 2024 saw over 8 listings sold above listed price, more than 16 sold at listed price and over 54 sold below. In December 2024 in Ocean City, MD there were 5.3% less homes for sale than in November 2024. In December 2024 median list price was $449,722 and the average listing age was 67 days.

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

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