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$550,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,136 Sq. Ft.
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This is a DIRECT ocean front, end unit property, with an amazing view from the 3rd floor. Centrally located in mid town OC, close to Fagers Island, Seacrets, Shotti's Point and all the hot spots! Sit on your balcony and watch the dolphins swim while you have your morning coffee & enjoy the sunrise! This is an amazing opportunity to own a 2/2, direct ocean front in a midsize building with an elevator. This could be your dream family beach getaway, or make for an ideal investment property with excellent rental potential due to it's location in town, and direct ocean views! Look no further than the Mooring for that view & opportunity you have been waiting for!

Full Property Details for 5001 Atlantic Ave #305

General

  • Sold For: $550,000
  • Taxes: $5,124 (2024)
  • Status: Closed
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2023134
  • Added to Site: 492 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Carpet, Flat, Floor Plan - Traditional, Other, Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Furnished: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Additional Information

  • Shared Amenities: Elevator

Exterior

  • Exterior Features: Other, Outside Shower

Parking

  • Assigned Spaces: 1
  • Total Spaces: 1
  • Parking Features: Lighted Parking, Assigned
  • Parking Type: Off Street, On Street, Other, Parking Lot

Location

  • Area: Direct Oceanfront (80)
  • Municipality: Ocean City
  • County: Worcester
  • Development Name: None Available
  • Subdivision: None Available
  • Building Name: Mooring
  • Driving Directions: Heading north on Coastal Highway, make a right on 50th street, and the property is all the way at the end facing the ocean on the left
  • Direction Faces: West
  • Location Details: Oceanfront
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

  • Assoc. Fees Include: Insurance, Common Area Maintenance, Ext Bldg Maint
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Other

Structural Information

  • Architectural Info: Coastal
  • Architectural Style: Coastal
  • Structure Type: Mid-Rise 5 - 8 Floors
  • Construction: Concrete, Frame, Masonry, Other
  • Foundation: Block, Pillar/Post/Pier
  • Roof: Flat
  • Walls/Ceilings: Dry Wall, Other
  • Windows: Double Pane
  • Entry Floor Number: 3
  • Stories/Levels: 0
  • Stories Description: Main
  • Square Feet: 1,136
  • Sq. Ft. Source: Assessor
  • Living Area: 1,136 Sq. Ft.
  • Year Built: 1974
  • Year Built Source: Assessor

Lot Features

  • Property View: Ocean
  • Lot Dimensions: 0.00 x 0.00
  • Lot Features: Cleared, Other
  • Zoning: R-3
  • Lot Description: Cleared, Other

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $506.07
  • Assessment Year: 2024
  • City/TownTax: $1,620
  • City/TownTax Freq: Annually
  • County Tax: $3,094
  • County Tax Freq: Annually
  • Tax w/Assessment: $366,133
  • Tax Amount: $5,124
  • Tax Year: 2024
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 1136

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: Personal Items, Closet Items, Nik Naks
  • Inclusions: Furnished
  • Lot Number: 305

Listed by Coastal Life Realty Group LLC, Jay Pierorazio
Sold by O'Conor, Mooney & Fitzgerald, Nicholas A Elko

Listing agent

— 5001 Atlantic Ave #305 —

  • Jay Pierorazio

    Coastal Life Realty Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5001 Atlantic Ave #305

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-42.9 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-68.4 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-87.1 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-127.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5001 Atlantic Ave #305

Date
Details
Price
Change
Source
10/31/2025
Sold
$550,000
-4.33%
MLS
8/03/2025
Price Reduced
$574,900
-4.17%
MLS
9/13/2024
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coastal Life Realty Group LLC, Jay Pierorazio
Sold by O'Conor, Mooney & Fitzgerald, Nicholas A Elko

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5001 Atlantic Avenue #305, Ocean City, MD 21842 (MLS# MDWO2023134) is a Condo property that was sold at $550,000 on October 31, 2025. Want to learn more about 5001 Atlantic Avenue #305? 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.