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$472,500
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Property Description
DIRECT Ocean Front South corner NON RENTAL show ANYTIME!!! This is one of the largest 2 bedroom units available in Ocean City today. The premium 9th floor location is high enough for enjoying expansive views of the ocean and beach but low enough to also enjoy the relaxing sounds of the surf and sea birds. The large private oceanfront balcony runs the width of the unit across both the open space living area and the master bedroom suite. It also has storm shutters adding additional weather protection and storage in the off-season. Tastefully decorated, sold fully furnished and ready to be enjoyed. The unit is in tip-top shape, clean as a whistle and has not been rented. However, it has the potential to bring in exceptional rental income. Building amenities inc: huge heated outdoor pool, kiddy pool, sun deck, On-site year-round management/maintenance, seasonal lot guard, bike racks, 2 high speed elevators, 2 assigned parking spaces and a strong condo association with ample reserves for maintenance!! Condo fee includes cable. Close to North Side Park, great restaurants, shopping, theaters & only 5 miles to Ocean Citys world-famous boardwalk!
Full Property Details
Full Property Details for 11200 Coastal Hwy #902 RAINBOW
General
- Sold For: $472,500
- Taxes: $6,214 (2019)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO112328
- Added to Site: 2, 230 day(s) ago
Interior
- Interior Features: Floor Plan - Open
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Additional Information
- Shared Amenities: Beach, Common Grounds, Elevator, Pool - Outdoor, Reserved/Assigned Parking, Security, Swimming Pool, Other
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Security Gate
Exterior
- Exterior Features: Outside Shower, Other
- Porch/Patio/Deck: Balcony
Parking
- Assigned Spaces: 2
- Parking Features: Assigned
- Parking Type: Parking Lot
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Rainbow
- Driving Directions: 112th St. Ocean Front
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Reserve Funds, Security Gate
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Hi-Rise 9+ Floors
- Construction: Masonry
- Roof: Built-Up, Flat
- Entry Floor Number: 9
- Elevator(s ): 2
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,456
- Sq. Ft. Source: Assessor
- Living Area: 1,456 Sq. Ft.
- Year Built: 1984
- Year Built Source: Assessor
Unit Information
- Unit Floor in Bldg.: 1
Lot Features
- Property View: Ocean
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-3
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Public Beach
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $343.34
- Assessment Year: 2020
- City/TownTax: $2,034
- City/TownTax Freq: Annually
- County Tax: $3,691
- County Tax Freq: Annually
- Tax w/Assessment: $436,800
- Tax Amount: $6,214
- Tax Year: 2019
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1456
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Lot Number: 902
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Schools
Schools serving 11200 Coastal Hwy #902 RAINBOW
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 5.7 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 10.4 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 9.2 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 9 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 11200 Coastal Hwy #902 RAINBOW
Date
Details
Price
Change
Source
7/17/2020
Sold
$472,500
-5.48%
MLS
2/25/2020
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11200 Coastal Highway #902 RAINBOW, Ocean City, MD 21842 (MLS# MDWO112328) is a Condo property that was sold at $472,500 on July 17, 2020. This property was sold by Jake Townsend from our Ocean City - 123rd Office.Want to learn more about 11200 Coastal Highway #902 RAINBOW? 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.


