10 days on rocket

7601 Coastal Hwy Unit 205, Ocean City, MD, 21842

$639,000

Home List Price

$7,588*

Closing Credit

3 Bedrooms
3 Full Baths
1,568 SqFt
$408/SqFt
House

Location

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7601 Coastal Hwy Unit 205, Ocean City$639,000

Buyer Closing Credits

$7,588*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingUnderground, Assigned, Off Street, Attached Garage
Garage2 spaces
Year Built2005
HeatingHeat Pump
CoolingCentral Air
FireplaceMantel(s)
ViewBay
MLS #MDWO2026834
StatusActive
(ACTIVE)

About 7601 Coastal Hwy Unit 205

Welcome to your coastal retreat at 7601 Coastal Hwy, Unit 205! This beautiful 3 Bedroom, 3 Bath Bayside condominium offers the perfect blend of comfort, convenience, and coastal living. Wake up to the breathtaking views of the bay from Master Bedroom, and enjoy your morning coffee from the private wrap-around balcony while watching the Herons navigate the quiet marsh. Sunsets over the bay are the real gem at this location, they are both real and spectacular with unobstructed views. Located in the prime midtown area, just steps away from the sand and surf, this charming unit is ideal for those seeking a permanent residence, relaxing getaway or a rental property (this unit generated an average of $36k annual gross rental income with limited rental periods for the period of 2021-23). The open-concept living space is flooded with natural light, showcasing a spacious living room that features a cozy fireplace that flows seamlessly into the dining area and kitchen. The fully equipped kitchen features modern appliances, plenty of counter space, and ample cabinetry for all your culinary needs. The master bedroom is a peaceful sanctuary with walkout to the deck, an en-suite bathroom with dual sinks, walk-in shower, whirlpool tub and generous closet space. The second and third bedrooms are spacious and each equipped with it's own full bath. The unit has been lovingly maintained and upgraded by the current owners since their purchase in 2019, including new Thompson blinds and shutters on all the sliders/windows, LVPT flooring in Master and Living room, All new kitchen appliances (with exception of microwave), faucets, in sink garbage disposal. Recently painted (2021), The HVAC was also replaced in 2018 and has been maintained. This property has a fully funded reserve study with a recently replaced roof (2022), Full exterior refurbishment (Painting/Maintenance/Repairs per reserve study recommendations in 2024) and also boasts a variety of amenities, including a rooftop pool and sunbathing deck with beautiful views of the Ocean and the bay, A gym (with all new equipment purchased and installed in 2023). Ample off-street covered parking, secured elevator, and easy access to the beach, making it the perfect spot to relax and unwind. Conveniently located near shops, restaurants, and entertainment options, this unit offers the best of both worlds—quiet bayside living with easy access to everything Ocean City has to offer. Don't miss the opportunity to make this beautiful condo your own! Contact us today to schedule your private tour. Your coastal oasis awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2005
  • Stories: 3
  • Living Area: 1,568 SqFt

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Natalie Moore

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Oven, Electric Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Other
  • Interior: Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Entry Level Bedroom, Combination Kitchen/Dining, Elevator, Floor Plan - Open, Primary Bath(s), Kitchen - Gourmet, Primary Bedroom - Bay Front, Recessed Lighting
  • Fireplace: Mantel(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay
  • Exterior: Outside Shower

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Underground, Assigned, Off Street, Attached Garage

Lot Features

Lot Information:

  • Lot: Cleared

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Southbound on Coastal Highway, make a right, bayside on 76th street and Coral Seas is on your right

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $639,000
  • Price Per SqFt: $408/SqFt

Tax Information:

  • Annual Amount: $5,494
  • 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

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

7601 Coastal Hwy Unit 205 vs Ocean City

10 DAYS ON ROCKET

-46 Days

$639,000

+$189.3K More

$408/SqFt

-$20 Less

KEY TAKEAWAY

This property is $189.3K more than the Median Sold Price and $20/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: #MDWO2026834

Listing Office:

  • Office Name: Samson Properties
  • Office Phone: (703) 378-8810
  • Listing Agent: Natalie Moore

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

Listing History

Jan 10, 2019Home Sold
$405,000
Aug 08, 2006Home Sold
$499,900

Tax History

YEARPROP. TAXASSESSMENT
2021$5,494$388,800
2020$5,493$388,800
2019$5,531$388,800
2018$5,492$388,800
2017$5,780$409,200

History based on county public records data.

Payment Calculator

$3,257

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,982

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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-3644438
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 4.16 miles

  • Public District Grades PK-4

school-card-donut-3644439
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.94 miles

  • Public District Grades PK-3

school-card-donut-3644440
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 9.19 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 $69,043. The most common annual income of people living in Ocean City, MD is between $35k-100k. The majority of families are single, no kids. 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Ocean City, MD convenient?

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.

How do Ocean City, MD residents get around?

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 7601 Coastal Hwy Unit 205

What is the listing price of this property?

The listing price of 7601 Coastal Hwy Unit 205 property is $639,000.

What type of property is this?

The property 7601 Coastal Hwy Unit 205 is a house located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 7601 Coastal Hwy Unit 205 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 $5,494 (source: MLS/based on county public records data).

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

The last sale was on January 10, 2019 for $405,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7601 Coastal Hwy Unit 205 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7601 Coastal Hwy Unit 205 is 1,568 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7601 Coastal Hwy Unit 205 is 2005.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›7601 Coastal Hwy Unit 205

This home is located at 7601 Coastal Hwy Unit 205 in Ocean City, MD and zip code 21842. This 1,568 square foot home was built in 2005. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $639,000.

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. Between October 2024 and November 2024, Ocean City, MD real estate market has seen increase in the number of listings by 0.2%. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $449,666.

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

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