7 months on rocket

8500 Coastal Hwy Unit 503, Ocean City, MD, 21842

$449,900

Home List Price

$5,343*

Closing Credit

2 Bedrooms
2 Full Baths
1,020 SqFt
$441/SqFt
Condo

Location

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8500 Coastal Hwy Unit 503, Ocean City$449,900

Buyer Closing Credits

$5,343*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingHandicap Parking, Paved Parking, Private, Unassigned, Parking Lot
Year Built1976
HeatingOther
CoolingCentral Air, Ceiling Fan(s), Geothermal
WaterfrontBeach
ViewOcean, Water, Panoramic
MLS #MDWO2019482
StatusActive
(ACTIVE)

About 8500 Coastal Hwy Unit 503

BEST ocean view & BEST priced condo for sale in Antigua!! This units wide angles allow for unparalleled privacy and even greater panoramic view. Welcome to this cozy seaside condo with a gorgeous sandy beach just steps away, and amazing views of the Atlantic Ocean. There’s just something about the soothing sound of the waves and the crisp smell of salt air to make you feel refreshed and alive!! Every day feels like a vacation. As you enter the unit, you immediately see the ocean and the beach. But there’s something a little different about this one…. It feels a little larger, more spacious. This unique floor plan has an enclosed balcony, providing extra square footage and serving as a delightful extension of your living space. Large sliding windows allow natural light to flood the interior, creating a bright and airy atmosphere that feels, well…. just perfect. Freshly painted and presenting a blank canvas, this residence eagerly awaits your personal touch and creative vision. Whether you're dreaming of a complete remodel or simply looking to add your own upgrades, this property offers endless possibilities to tailor it to your unique preferences and lifestyle. There's something inherently magical about being at the Ocean – don’t let this one slip away, make it yours!! Showing Alert: Limited lobby hours - please schedule your appointment before 6:30pm.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1976
  • Stories: 1
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 221-8000
  • Listing Agent: Alma Fitzgerald

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Electric Range, Ice Maker, Washer/Dryer Stacked
  • Basement: No
  • Flooring Type: Luxury Vinyl Plank, Tile/Brick
  • Interior: Entry Level Bedroom, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Pantry, Primary Bedroom - Ocean Front, Bathroom - Stall Shower, Bathroom - Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • View: Ocean, Water, Panoramic
  • Exterior: Outside Shower, Sidewalks

Parking Information:

  • Parking: Handicap Parking, Paved Parking, Private, Unassigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air, Ceiling Fan(s), Geothermal

Other

Directions Information:

  • Directions: Coastal Highway to 85th Street - Oceanside

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,900
  • Price Per SqFt: $441/SqFt

Tax Information:

  • Annual Amount: $3,868
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$449.5K

Med. Price/SqFt

$429

Avg. Days On Market

80

# of Sold Homes

90

8500 Coastal Hwy Unit 503 vs Ocean City

237 DAYS ON ROCKET

+157 Days

$449,900

+$351 More

$441/SqFt

+$12 More

KEY TAKEAWAY

This property is $351 more than the Median Sold Price and $12/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: #MDWO2019482

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 221-8000
  • Listing Agent: Alma Fitzgerald

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: 11/12/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,868$275,400
2020$3,867$275,400
2019$3,877$273,700
2018$3,834$272,000
2017$3,818$270,300

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,415

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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-275143
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 4.69 miles

  • Public District Grades PK-4

school-card-donut-275144
9
/10
  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.24 miles

  • Public District Grades PK-3

school-card-donut-275145
7
/10
  • Showell (Phillip C.) Elementary School

  • 41 Bethany Rd

  • 9.35 miles

  • Public District Grades KG-5

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. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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 8500 Coastal Hwy Unit 503

What is the listing price of this property?

The listing price of 8500 Coastal Hwy Unit 503 property is $449,900.

What type of property is this?

The property 8500 Coastal Hwy Unit 503 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 8500 Coastal Hwy Unit 503 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 $3,868 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8500 Coastal Hwy Unit 503 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8500 Coastal Hwy Unit 503 is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8500 Coastal Hwy Unit 503 is 1976.

Rocket HomesMarylandWorcester CountyOcean City218428500 Coastal Hwy Unit 503

This home is located at 8500 Coastal Hwy Unit 503 in Ocean City, MD and zip code 21842. This 1,020 square foot home was built in 1976. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $449,900.

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. In October 2024 in Ocean City, MD there were 16.2% more homes for sale than in September 2024. Listings spent 80 days on the market in October 2024, and had a median list price of $449,548 during the same period.

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

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