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3801 Atlantic Avenue #308, Ocean City, MD 21842
$425,000
3801 Atlantic Avenue #308, Ocean City, MD 21842View this property at 3801 Atlantic Avenue #308, Ocean City, MD 21842
3801 Atlantic Avenue #308Ocean CityMD21842
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Property Description
Make the numbers work for you on this incredible investment opportunity with gross rental income of: $56k in 2018, $59k in 2019, $60k in 2020, $78k in 2021, $86k in 2022, and $76k in 2023. Most reviewed AirBnB in Ocean City with 700 reviews and 4.91 average rating. Come find your serenity by the sea in this modern 1 bedroom 1.5 bathroom direct oceanfront condo located in midtown Ocean City, only steps from the beach! Upon entering the unit you will be greeted with natural light reflecting off the ocean and beach into the living room. Kitchen features stainless steel appliances and a custom made butcher block counter. Upgraded LVP flooring throughout the home for easy beach maintenance. The full bathroom includes a shower/tub combo and custom cabinetry. New individual dimmable sconces in the bedroom were a recent addition. In 2023, the slider door was upgraded and replaced. LOW condo fees at only $239 per month & turn key ready - this unit will not last long! Great opportunity for an investment opportunity or your new home at the beach! Seller willing to continue management, ask agent for details.
Full Property Details
Full Property Details for 3801 Atlantic Ave #308
General
- Sold For: $425,000
- Taxes: $3,396 (2023)
- Status: Closed
- Type: Condo
- MLS ID: MDWO2019170
- Added to Site: 55 day(s) ago
Interior
- Appliances: Oven - Single, Dishwasher, Refrigerator, Washer, Dryer
- 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
Additional Information
- Shared Amenities: Other
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Assigned Spaces: 1
- Parking Features: Assigned
- Parking Type: Off Street, Parking Lot
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Diamond Beach
- Driving Directions: Coastal Highway to 38th st Direct Ocean Front
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint
- Pets Allowed: Yes
- Pets: Case by Case Basis
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Unit/Flat, Coastal
- Architectural Style: Unit/Flat, Coastal
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Other
- Entry Floor Number: 3
- Elevator(s ): 1
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 660
- Sq. Ft. Source: Assessor
- Living Area: 660 Sq. Ft.
- Year Built: 1982
- Year Built Source: Assessor
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-3
Water Features
- Water Front: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Public Access, Public Beach
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $643.94
- Assessment Year: 2023
- City/TownTax: $1,090
- City/TownTax Freq: Annually
- County Tax: $2,036
- County Tax Freq: Annually
- Tax w/Assessment: $240,900
- Tax Amount: $3,396
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 660
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
- Condo: Yes
- Exclusions: Stool near the vanity in the bedroom, Flower Vases, Artwork & Wall Hangings (including large mirror).
- Lot Number: 308
Listed by Coastal Life Realty Group LLC, Joseph Wilson
Sold by Coastal Life Realty Group LLC, James Wilson
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Schools
Schools serving 3801 Atlantic Ave #308
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 2.4 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 8 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 6.8 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 6.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3801 Atlantic Ave #308
Date
Details
Price
Change
Source
3/25/2024
Sold
$425,000
—
MLS
3/04/2024
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3801 Atlantic Avenue #308, Ocean City, MD 21842 (MLS# MDWO2019170) is a Condo property that was sold at $425,000 on March 25, 2024. Want to learn more about 3801 Atlantic Avenue #308? 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.