Beds3
Baths2
Sq.Ft.1,406
Year1984
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Status:
Active
Property Type:Penthouse Unit/Flat
MLS #:MDWO2010220
Sq. Feet:1,406
On Site:135 Days
County:Worcester
Monthly HOA:$1,596
Listing Office
Office:Berkshire Hathaway Homeservices Penfed Realty - Op
Broker Phone:410-208-3500
Rarely offered penthouse condo with two floors. Totally remodeled with gorgeous kitchen and baths. Best bayfront and sunset views in Ocean City from huge main level balcony or from master bedroom balcony on the second floor. This downtown location is only 3 blocks to the ocean and boardwalk yet sits direct bayfront with fishing and crabbing right outside your door. Walk to DeLazy Lizzard, Spain Bar, M.R. Ducks, Angler, Marina Deck and the Inlet. This spacious 3 bedroom unit is great for your family use or for producing income from weekly rentals. 2022 gross rental income approx $51,500. Lovely pool overlooking the bay for those days you don't go to the beach. Temporarily elevated condo fee is for a short time and than back to regular condo fee of approximately $1256.00 per quarter. Seller will pay $10,000 at closing to shorten the period of elevated fee. Call listing agent for details.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 10/20/2022 | $599,000 | $579,000 | -3.3% |
Community Information
Address:207 Bayview Ln #404, Ocean City, MD 21842
County:Worcester
City:Ocean City
School District:Worcester County Public Schools
Subdivision:None Available
Zip Code:21842
Building:Crab Cove On The Bay
Architecture
Unit Number:#404
Bedrooms:
3
Bathrooms:
2
Year Built:1984
Stories:2
Style:Loft with Bedrooms,Traditional
Construction: Concrete, Combination
Unit Building Type: Mid-Rise 5 - 8 Floors
Features / Amenities
Flooring: Carpet
Main Level Bedrooms: 3
Entry Level: 1
Community Amenities: Elevator, Extra Storage, Pool - Outdoor, Swimming Pool
Sub Structure Types: Above Grade, Below Grade
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Forced Air, Heat Pump - Electric BackUp
Heating Fuel: Electric
Hot Water: Electric
Square Footage
| Finished Sq. Ft. | |
| Above Grade | 1406 |
| Below Grade | 0 |
| Total | 1406 |
Property Features
Lot Dimensions:0.00 x 0.00
Location: Bayfront
Parking: Assigned, Parking Space Conveys
Parking Included In List Price: No
Assigned Parking Spaces: 2
View: Bay
Sewer: Public Sewer
Water: Public
Municipality: Ocean City
Zoning:R-2
Directions:Enter Ocean City from Rt. 50 bridge, north on Baltimore Avenue, left on 3rd St. to property at bayfront
Tax and Financial Info
Total Taxes: $4,657 (paid Annually)
Tax Year: 2022
Ownership Type: Condominium
Homeowners' Assoc.: No
City Tax Rate: $1,495.00 (Annually)
County Tax Rate: $2,792.00 (Annually)
Condo Coop Fee: $4,788.78 (Quarterly)
Acceptable Financing: Cash, Conventional
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207 Bayview Ln #404 Ocean City, MD 21842
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Listing Information Last Updated 1/26/2023
The information being provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. Deeley Chester is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Deeley Chester, a broker participant of Bright MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.
