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$600,000
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Property Description
WOW! Fabulous Direct Bayfront & Top Floor Unit. This Penthouse unit boasts 3 bedrooms with great views of the Bay! Beautifully Palm Beach Style designed and sold fully furnished! This home is ready for you to move right in. The Spacious living room has a gas fireplace, where you can enjoy the views from your HUGE Wraparound balcony. We love the amazing open Bay views and the gorgeous sunrises and sunsets from the wraparound balcony. Located in the Sunset Bay Condo, your location is perfect! Located in Midtown at 54th street with quick access to so much, plus enjoy the convenience of a marked crosswalk and short walk to the beach with a button to stop traffic. The kitchen has been tastefully updated with granite countertops, a new sink, faucet, disposal, and stainless steel fridge, microwave, and oven, all installed in 2022. The unit features luxury vinyl planking throughout and new windows in the bedroom as of March 2024. The freshly painted interior enhances the bright and welcoming atmosphere. There is a washer and dryer conveniently located in the laundry room. Brand New HVAC system installed in 2023. You wont have to do anything to this unit! This amenity-filled building offers a swimming pool, gym, kayak storage, and a fishing pier. There is also a huge parking lot and Under Building garage with 2 spaces for your vehicles. 1 Assigned and 1 guest. Additionally, there's plenty of storage inside the condo and an outdoor cabana next to this unit for your beach chairs and toys. Again this midtown location allows you to walk to popular spots like Fager's, Mackey's, and Seacrets. This unit truly offers the perfect blend of comfort, convenience, and luxury! You will want to see this unit in person! Don't wait put on your list this weekend!
Full Property Details
Full Property Details for 5405 Coastal Hwy #505
General
- Sold For: $600,000
- Taxes: $5,684 (2024)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2021966
- Added to Site: 558 day(s) ago
Interior
- Interior Features: Breakfast Area, Bar, Carpet, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bedroom - Bay Front, Sprinkler System, Walk-in Closet(s), WhirlPool/HotTub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Mantel(s), Gas/Propane, Mantel(s), Gas/Propane
- Appliances: Built-In Microwave, Disposal, Dryer, Dishwasher, Dryer - Electric, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Washer In Unit
Additional Information
- Shared Amenities: None
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Outside Shower
- Porch/Patio/Deck: Balcony, Wrap Around
Parking
- Assigned Spaces: 1
- Total Spaces: 77
- Parking Features: Assigned, Lighted Parking, Parking Space Conveys, Secure Parking, Unassigned, Under Home Parking
- Parking Type: Off Street, Parking Lot
Location
- Area: Bayside Waterfront (84)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Sunset Bay
- Driving Directions: Please use Google Maps.
- Location Details: Bayfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Trash, Ext Bldg Maint, Pool(s), Snow Removal, Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Recreation Facility
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 10 Feet
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Block
- Windows: Energy Efficient, Double Pane, Low-E, Sliding, Vinyl Clad
- Doors: Sliding Glass
- Entry Floor Number: 5
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,716
- Sq. Ft. Source: Assessor
- Living Area: 1,716 Sq. Ft.
- Year Built: 2002
- Year Built Source: Assessor
Additional Structures
- Other Structures: Shed
Lot Features
- Property View: Bay, Scenic Vista, Water
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Landscaping, Year Round Access, Fishing Available, Marshy, Tidal Wetland
- Zoning: C-1
- Lot Description: Landscaping, Year Round Access, Fishing Available, Marshy, Tidal Wetland
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Canoe/Kayak, Fishing Allowed
- Water Front Type: Bay
- Water Front Name: ASSAWOMAN BAY
Financial Considerations
- Price Per Sq. Ft.: $367.07
- Assessment Year: 2024
- City/TownTax: $1,824
- City/TownTax Freq: Annually
- County Tax: $3,407
- County Tax Freq: Annually
- Tax Amount: $5,684
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1716
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: some personal property and small items
- Inclusions: Furnishings and existing appliances
- Lot Number: 505
Listed by Redfin Corp, Kimberly M Dixson
Sold by Engel & Volkers Ocean City, Mary E Rice
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Schools
Schools serving 5405 Coastal Hwy #505
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 3.1 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 8.4 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5405 Coastal Hwy #505
Date
Details
Price
Change
Source
9/27/2024
Sold
$600,000
-4.75%
MLS
9/11/2024
Price Reduced
$629,900
-3.08%
MLS
7/12/2024
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5405 Coastal Highway #505, Ocean City, MD 21842 (MLS# MDWO2021966) is a Condo property that was sold at $600,000 on September 27, 2024. Want to learn more about 5405 Coastal Highway #505? 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.

