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$359,999
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Property Description
Welcome to Marigot Beach Resort, a rare opportunity to own a premier uptown Ocean City oceanfront residence offering the perfect blend of lifestyle, location, and long-term income potential. Positioned directly along the shoreline, this one-bedroom, one-and-a-half bath condo captures sweeping water views and a direct connection to the beach that is simply unmatched at this price point. From the third-floor vantage point, you're perfectly positioned to take in the sights and sounds of the Atlantic-where each sunrise becomes part of your daily routine and the rhythm of the ocean is always within reach. The open-concept layout allows the kitchen, dining, and living areas to flow seamlessly, all oriented toward the ocean and anchored by a private balcony that brings the salt air and coastal energy directly into your living space. Elevated just enough to enhance both privacy and perspective, this is the ideal setting for morning coffee, evening unwinding, and everything in between. Inside, the residence offers a clean, functional layout with 720 square feet of well-utilized space, including the added convenience of a rarely available half bath-an important feature for both owners and guests. While the unit has not yet undergone renovation, it presents a compelling opportunity for customization, allowing the next owner to design and upgrade at their own pace while immediately enjoying everything this oceanfront setting has to offer. Designed for comfort and convenience, the unit includes central heating and air conditioning, an in-unit washer and dryer, and a fully equipped kitchen, making it move-in ready while still offering clear upside through future improvements. This unit conveys with one deeded parking space, along with abundant open guest parking along the Coastal Highway side of the building-an often overlooked but highly valuable feature during peak season. The building itself continues to elevate its appeal, featuring elevators, on-site management, and resort-style amenities including a recently remodeled indoor pool, hot tub, and a brand-new composite oceanfront sun deck. Combined with the outdoor pool and direct beach access, Marigot offers a true resort experience for both owners and guests alike. For buyers who recognize the long-term value of oceanfront real estate, this represents a rare opportunity to secure position first, while benefiting from a building that is actively investing in both its aesthetics and overall infrastructure. Beyond the unit, the location is simply unmatched. Adjacent to the Ashore Resort, you'll enjoy immediate access to multiple dining venues, a vibrant tiki bar with live music, and one of the most desirable stretches of Ocean City's coastline. With easy access to Fenwick Island, the boardwalk, and the Rehoboth outlets, this location continues to drive strong demand from both vacationers and second-home buyers alike. Whether you're seeking an affordable oceanfront retreat, a flexible second home, or a strategic investment, Marigot #307 delivers a compelling combination of lifestyle and financial upside. Currently operating as a vacation rental, the property already demonstrates strong rental appeal, while also offering clear long-term upside through future cosmetic improvements. With thoughtful updates, this unit presents a strong path toward generating approximately $50,000-$55,000 in gross annual rental income based on comparable one-bedroom performance within the building-offering the potential to significantly offset the cost of ownership while still allowing for meaningful personal use. Lastly, to allay any further concerns, the Sellers are including a comprehensive one-year home warranty so you can make your offer with complete confidence. Schedule your showing TODAY!
Full Property Details
Full Property Details for 10002 Coastal Hwy #307
General
- Sold For: $359,999
- HOA FEE: $570/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,072 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2038518
- Added to Site: 146 day(s) ago
Interior
- Interior Features: Bathroom - Tub Shower, Breakfast Area, Combination Dining/Living, Floor Plan - Open, Kitchen - Galley, Upgraded Countertops
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Washer In Unit, Dryer In Unit
Additional Information
- Shared Amenities: Beach, Cable, Common Grounds, Elevator, Hot tub, Pool - Indoor, Reserved/Assigned Parking, Spa, Swimming Pool, Other
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Exterior Cameras, Security System
Exterior
- Exterior Features: Exterior Lighting, Fire Escape
- Porch/Patio/Deck: Deck(s)
Parking
- Assigned Spaces: 1
- Parking Features: Assigned, Unassigned
- Parking Type: Parking Lot
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: WORCESTER
- Building Name: Marigot Beach
- Driving Directions: Use GPS
- Location Details: Oceanfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Cable TV, Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Insurance, Management, Pool(s), Reserve Funds, Trash, Other
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 150 Feet
- Utility Description: Cable TV
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Hi-Rise 9+ Floors
- Construction: Concrete
- Common Walls: 2+ Common Walls
- Entry Floor Number: 3
- Stories Description: Main
- Square Feet: 720
- Sq. Ft. Source: Assessor
- Living Area: 720 Sq. Ft.
- Finished Above Grnd: 720 Sq. Ft.
- Year Built: 1984
- Year Built Source: Assessor
Lot Features
- Property View: Bay, City, Ocean, Water
- Zoning: R-2
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Public Beach
- Water Front Type: Ocean
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $500
- Condo Fee: $1,710
- Condo Fee Freq: Quarterly
- Assessment Year: 2026
- City/TownTax: $1,315
- City/TownTax Freq: Annually
- County Tax: $2,423
- County Tax Freq: Annually
- Tax w/Assessment: $343,400
- Tax Amount: $4,072
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 720
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Seller's personal items
- Inclusions: All appliances and furniture in "as-is" condition with no monetary value
- Lot Number: 307
Listed by RE/MAX Town & Country, Sebastian Benedict Brevart
Sold by Atlantic Shores Sotheby's International Realty, Heidi Thomas
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Schools
Schools serving 10002 Coastal Hwy #307
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 5.4 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 8.9 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 8.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10002 Coastal Hwy #307
Date
Details
Price
Change
Source
9/18/2026
Sold
$359,999
—
MLS
5/18/2026
Listed
$359,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10002 Coastal Highway #307, Ocean City, MD 21842 (MLS# MDWO2038518) is a Condo property that was sold at $359,999 on September 18, 2026. Want to learn more about 10002 Coastal Highway #307? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

