new - 3 days on rocket

510 Penguin Dr Unit 301, Ocean City, MD, 21842

$355,000

Home List Price

$4,216*

Closing Credit

2 Bedrooms
2 Full Baths
1,080 SqFt
$329/SqFt
Condo

Location

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510 Penguin Dr Unit 301, Ocean City$355,000

Buyer Closing Credits

$4,216*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Parking Lot
Year Built1973
HeatingCentral
CoolingCentral Air
ViewCanal
MLS #MDWO2026890
StatusActive
(ACTIVE)

About 510 Penguin Dr Unit 301

Sandy Lane Estates is tucked away on 32nd St bayside yet perfectly in reach to all of OC's downtown & midtowns finest beaches, restaurants & even Jolly Rogers. This 2 bed/2 bath END UNIT condo has a spacious open floor plan with 1,080 sq ft. and comes with exterior storage for all your beach toys. Large private balcony has peaks of bay, western sunset skies & overlooks the community pool, kiddy pool & tennis courts! Furnished with recent improvements including; new roof, freshly painted/new outdoor carpet/painted kitchen cabinets 2020, new dishwasher/2nd bath updates 2021, water heater 2015, new ceiling fans, HVAC serviced every 6 months & a Nest Smart thermostat. Highly desired prime area so make your appt asap! New balconies coming soon as well!

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,080 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • Office Phone: (410) 520-2600
  • Listing Agent: Katie Quinn

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Canal

Parking Information:

  • Parking: Off Street, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn on 32nd St toward bay, Sandy Lane Estates is on left (Building B) Top floor, end unit overlooking pool

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $355,000
  • Price Per SqFt: $329/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

510 Penguin Dr Unit 301 vs Ocean City

3 DAYS ON ROCKET

-77 Days

$355,000

-$94.5K Less

$329/SqFt

-$100 Less

KEY TAKEAWAY

This property is $94.5K less than the Median Sold Price and $100/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: #MDWO2026890

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty-WOC
  • Office Phone: (410) 520-2600
  • Listing Agent: Katie Quinn

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, 5:20:50 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.

Payment Calculator

$1,839

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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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-387578
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.73 miles

  • Public District Grades PK-4

school-card-donut-387579
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.28 miles

  • Public District Grades PK-3

school-card-donut-387580
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.35 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. The most common type of family 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.

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 510 Penguin Dr Unit 301

What is the listing price of this property?

The listing price of 510 Penguin Dr Unit 301 property is $355,000.

What type of property is this?

The property 510 Penguin Dr Unit 301 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 510 Penguin Dr Unit 301 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 510 Penguin Dr Unit 301 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 510 Penguin Dr Unit 301 is 1,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Penguin Dr Unit 301 is 1973.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›510 Penguin Dr Unit 301

This home is located at 510 Penguin Dr Unit 301 in Ocean City, MD and zip code 21842. This 1,080 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $355,000.

In October 2024 more than 12 listings in Ocean City, MD were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 67 were sold below. The inventory of homes for sale in Ocean City, MD between September 2024 and October 2024 increased by 16.2%. In October 2024 median list price was $449,548 and the average listing age was 80 days.

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

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