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$720,000
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Property Description
Beautiful views from this 2 bed 2 bath, prime direct ocean front unit with amazing views from Kitchen, dining area, living room and master bedroom. Watch the dolphins and sunrises from this South end unit in an ocean front building. Enter elevator from ground, parking lot, level. Unit on the top (fifth) floor, enter unit into hallway to spacious laundry room n to immediate right with full size washer and dryer. Continue down hallway to open kitchen on the next right. Kitchen features under counter lighting, full refrigerator, stove and oven with granite counters. Dining area has a large picture window with views down the beach to the South. Unit has laminate and tile flooring throughout. Living room is ocean front with a balcony on the ocean and electric fireplace for ambiance, . Main bath is accessible from living room and hallway with walk in shower. Bathroom completely renovated in 2024. Master bedroom is ocean front with a large picture window looking out directly to the beach and ocean with private bath, new walk in glass enclosed shower, completely renovated in 2025. Guest bedroom located on the West side of unit with awesome sunset views with small table for sunset viewing. Unit not used as a rental unit but would bring approximately 25,000 each summer in rentals. New Heat/A/c System Magic Pak, self contained system.
Full Property Details
Full Property Details for 5201 Atlantic Ave #501
General
- Sold For: $720,000
- HOA FEE: $467/month
- HOA FEE FREQ.: Quarterly
- Taxes: $6,619 (2025)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2039700
- Added to Site: 88 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Parking
- Total Spaces: 2
- Parking Type: Off Street, Parking Lot
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: WORCESTER
- Building Name: Constellation House
- Driving Directions: Route 90 to right on Coastal Hwy in Ocean City to left at 52nd street to right at ocean
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Other
- Cooling Fuel: Electric
- Heating Type: Central, Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Dryvit
- Roof: Flat
- Entry Floor Number: 5
- Stories Description: Main
- Square Feet: 1,096
- Sq. Ft. Source: Assessor
- Living Area: 1,096 Sq. Ft.
- Finished Above Grnd: 1,096 Sq. Ft.
- Year Built: 1980
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $656.93
- Condo Fee: $1,400
- Condo Fee Freq: Quarterly
- Assessment Year: 2026
- City/TownTax: $2,139
- City/TownTax Freq: Annually
- County Tax: $3,939
- County Tax Freq: Annually
- Tax w/Assessment: $544,700
- Tax Amount: $6,619
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1096
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Exclusions: picture on wall by entry, Nick knacks and personal property
- Inclusions: sold furnished
- Lot Number: 501
Listed by Beach Real Estate Inc, Joanna Laslo
Sold by Newport Bay Realty, Michael C Ross
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Schools
Schools serving 5201 Atlantic Ave #501
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 3 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 7.2 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 7.1 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 5201 Atlantic Ave #501
Date
Details
Price
Change
Source
8/28/2026
Sold
$720,000
-3.87%
MLS
7/15/2026
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5201 Atlantic Avenue #501, Ocean City, MD 21842 (MLS# MDWO2039700) is a Condo property that was sold at $720,000 on August 28, 2026. Want to learn more about 5201 Atlantic Avenue #501? 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.

