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503 S Surf Rd, Ocean City, MD, 21842

$1,090,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,648 SqFt
$412/SqFt
House

Location

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503 S Surf Rd, Ocean City$1,090,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Attached Garage, Driveway
Garage2 spaces
Year Built1982
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2025930
Lot Size0.10 Acres
StatusActive
(ACTIVE)

About 503 S Surf Rd

Welcome to your dream home! This 4-bedroom, 3 full bath waterfront property on a serene lagoon has been recently remodeled in a modern style. Additionally, the sunroom has been converted into a spacious 5th bedroom. The home features recessed lighting, stylish light fixtures, and luxury vinyl plank flooring throughout. It has been freshly painted and offers fully remodeled kitchen, bathrooms, along with a new washer and dryer. A new water heater ensures comfort and efficiency. The kitchen is a chef’s delight, boasting a massive luxury quartz kitchen island perfect for entertaining, with plenty of seating around it. The upstairs living room is spacious, featuring a wood-burning fireplace, a 75’’ TV, a wet bar, and two large couches leading to a deck with breathtaking water views and sunsets. Upstairs, you’ll find three more beautifully remodeled bedrooms and full bathrooms. The primary bedroom is generously sized with numerous windows, offering plenty of natural light. The en-suite bathroom includes a walk-in tile shower with a luxurious rain showerhead. This home is fully furnished with modern style and high-quality furniture by Article. The 2-car garage has been converted into a recreation room, complete with games and entertainment options, and ample storage for beach chairs. The property generates a rental income of $75,000 during the season. Outdoor amenities include multiple decks, a boat dock for boats and jet skis, and easy access to the Bay. There are great options for expanding your space. Whether you’re considering purchasing the adjacent lots for $299,500 each, with fencing and mature landscaping, or building another home to create space for a pool or a yard, both choices offer exciting possibilities. Plus, this property is not in a flood zone. This is a must-see property! Don’t miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1982
  • Stories: 2
  • Living Area: 2,648 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (302) 539-1777
  • Listing Agent: INESE DONOFRIO

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Bar, Bathroom - Walk-In Shower, Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Off Coastal Highway 136th Street make the turn to 136th St/Gorman Ave, follow to Surf Rd, make right turn property on the left.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,090,000
  • Price Per SqFt: $412/SqFt

Tax Information:

  • Annual Amount: $7,217
  • 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

$449.5K

Med. Price/SqFt

$429

Avg. Days On Market

80

# of Sold Homes

90

503 S Surf Rd vs Ocean City

46 DAYS ON ROCKET

-34 Days

$1,090,000

+$640.4K More

$412/SqFt

-$17 Less

KEY TAKEAWAY

This property is $640.4K more than the Median Sold Price and $17/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: #MDWO2025930

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (302) 539-1777
  • Listing Agent: INESE DONOFRIO

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: 11/21/2024, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 08, 2021Home Sold
$639,500

Tax History

YEARPROP. TAXASSESSMENT
2021$7,217$510,700
2020$7,149$506,000
2019$7,068$496,867
2018$6,890$487,733
2017$6,761$478,600

History based on county public records data.

Payment Calculator

$5,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,334

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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-258345
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 7.00 miles

  • Public District Grades PK-4

school-card-donut-258346
8
/10

  • Lord Baltimore Elementary School

  • 120 Atlantic Ave

  • 7.44 miles

  • Public District Grades KG-5

school-card-donut-258347
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.90 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,545. Most Ocean City, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree 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.

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 503 S Surf Rd

What is the listing price of this property?

The listing price of 503 S Surf Rd property is $1,090,000.

What type of property is this?

The property 503 S Surf Rd is a house located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 503 S Surf Rd 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 $7,217 (source: MLS/based on county public records data).

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

The last sale was on April 8, 2021 for $639,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 S Surf Rd has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 503 S Surf Rd is 2,648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 S Surf Rd is 1982.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›503 S Surf Rd

This home is located at 503 S Surf Rd in Ocean City, MD and zip code 21842. This 2,648 square foot home, which was built in 1982, sits on a 0.10 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $1,090,000.

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. The median list price of listings available in October 2024 was $449,548, while the average time on the real estate market was 80 days.

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

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