8 days on rocket

5901 Atlantic Ave Unit 501, Ocean City, MD, 21842

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,660 SqFt
$693/SqFt
Condo

Location

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5901 Atlantic Ave Unit 501, Ocean City$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCovered Parking, Parking Garage, Parking Lot
Garage1 space
Year Built2002
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2027168
StatusActive
(ACTIVE)

About 5901 Atlantic Ave Unit 501

Rare opportunity to own a DIRECT OCEANFRONT, TOP FLOOR, CORNER UNIT with LARGE WRAP-AROUND BALCONY in one of mid-town’s premier buildings, the Adagio. On the market for the first time in 22 years, this spacious 3 bed/ 3 bath condo features walls of windows and three sliding glass doors that lead to a nearly 1,000 sq. foot balcony overlooking the pristine shoreline below. Enjoy beautiful sunrises every morning, and the warm glow of moonlight in the evening from inside or outside of this beautifully decorated and luxurious beach front condo. Turn-key and sold fully furnished, this unit has everything you need to enjoy the beach lifestyle… The white kitchen with granite counter tops provides the family chef all of the conveniences of home and everything needed to prepare delicious meals to enjoy in the large dining area or on the oversized balcony. The living room is a comfortable place for the whole family to gather and includes a media cabinet, sleeper sofa, custom blinds, and, of course, gorgeous views of the ocean! Professionally decorated in an island beach motif, this bright and open space flows beautifully, making every beach day a literal breeze to enjoy. You’ll wake up to the sights and sounds of the Atlantic Ocean from the primary suite with east-facing slider. The large en-suite bath features dual sinks, a jetted soaking tub, and separate shower. There is also a second en-suite perfect for hosting your guests, allowing them plenty of space and privacy. The generously sized third bedroom is just down the hall from the guest bath that includes a tub/shower combo. Plenty of large closets and a full size laundry make the space very functional for long stays, since you won’t ever want to leave! Recent upgrades include a new 80 gallon water heater, new washer/dryer, built-in microwave, new living room furniture, and upgraded flooring and fixtures throughout. The Adagio is located in the heart of it all… walking distance to so many of Ocean City’s most popular dining and entertainment hotspots including Fager’s Island, Macky’s, Alley Oops, and Sky Bar to name a few. You’ll love the convenience of stores, coffee shops, banks, and entertainment options all within short walking distance. Centrally located just blocks to the Rt. 90 bridge for easy access in and out of Ocean City, the building features an Indoor pool/hot tub (open year-round!!). Additional amenities include a fitness center, owner’s-only social room, sun deck, outdoor shower, and two elevators. There is one reserved parking space under the building and a second outdoor parking pass. The building is well-managed and maintained. Strong reserve fund in place. Reserve study is completed. This is a one-of-a-kind property in an amenity-filled building in the perfect mid-town location. Don’t miss it!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2002
  • Living Area: 1,660 SqFt

Listing Office:

  • Office Name: Atlantic Shores Sotheby's International Realty
  • Office Phone: (410) 524-0919
  • Listing Agent: Thomas J Polcari

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered Parking, Parking Garage, Parking Lot

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Coastal Hwy to 59th St.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $693/SqFt
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Housing Market Comparison

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

Med. Sold Price

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

5901 Atlantic Ave Unit 501 vs Ocean City

8 DAYS ON ROCKET

-48 Days

$1,150,000

+$700.3K More

$693/SqFt

+$265 More

KEY TAKEAWAY

This property is $700.3K more than the Median Sold Price and $265/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: #MDWO2027168

Listing Office:

  • Office Name: Atlantic Shores Sotheby's International Realty
  • Office Phone: (410) 524-0919
  • Listing Agent: Thomas J Polcari

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: 12/15/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

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$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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-3642211
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.31 miles

  • Public District Grades PK-4

school-card-donut-3642212
9
/10
  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.83 miles

  • Public District Grades PK-3

school-card-donut-3642213
5
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.64 miles

  • Public District Grades 4-6

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. Most families are 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.

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 5901 Atlantic Ave Unit 501

What is the listing price of this property?

The listing price of 5901 Atlantic Ave Unit 501 property is $1,150,000.

What type of property is this?

The property 5901 Atlantic Ave Unit 501 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 5901 Atlantic Ave Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5901 Atlantic Ave Unit 501 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5901 Atlantic Ave Unit 501 is 1,660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5901 Atlantic Ave Unit 501 is 2002.

Rocket HomesMarylandWorcester CountyOcean City218425901 Atlantic Ave Unit 501

This home is located at 5901 Atlantic Ave Unit 501 in Ocean City, MD and zip code 21842. This 1,660 square foot home was built in 2002. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $1,150,000.

Over 15 listings were sold over their listed price in November 2024 in Ocean City, MD. In the same period over 57 listings were sold below the listed price and 15 listings were sold for the listed price. The number of listings in Ocean City, MD increased by 0.2% between October 2024 and November 2024. In November 2024 median list price was $449,666 and the average listing age was 56 days.

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

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