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$230,000
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Property Description
Discover an exceptional investment opportunity in the coveted Montego Bay community, where the allure of bayside living meets the potential for lucrative returns. This charming manufactured home, built in 1989, offers 1,200 sq. ft. of space, featuring 3 bedrooms and 2 bathrooms, perfect for those seeking a serene retreat or a rental property. Nestled near the tranquil Assawoman Bay, this property boasts access to a wealth of community amenities, including outdoor pool, tennis courts, pickle ball and scenic jogging paths. The low association fees cover common area maintenance, ensuring a well-kept environment that enhances property value. This home presents a unique chance for investors to renovate and increase equity as it's priced below appraised value. The vibrant community atmosphere and proximity to water activities make it an attractive rental option, promising steady income potential. Don't miss out on this chance to invest in a lifestyle that combines relaxation with financial growth!
Full Property Details
Full Property Details for 705 Gulf Stream Dr
General
- Sold For: $230,000
- HOA FEE: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $190,000 (2025)
- Status: Closed
- Type: Mobile Home
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2035092
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 4
- Rooms/Areas: Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
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: Main Floor
Additional Information
- Shared Amenities: Common Grounds, Jog/Walk Path, Picnic Area, Pool - Outdoor, Putting Green, Shuffleboard, Tennis Courts, Other
- Shared Pool: Yes
- Pool: Yes
Parking
- Total Spaces: 2
- Parking Features: Concrete Driveway
- Parking Type: Driveway
Location
- Area: Bayside Interior (83)
- County: WORCESTER
- Subdivision: MONTEGO BAY
- Building Name: MONTEGO BAY CIVIC ASSOCIATION
- Driving Directions: 130th St to Sea Breeze Drive, bear right on Beachcomber Ln to right on Oyster Ln & left on Gulf Stream
- Location Details: Bayside
School Information
- School District: Worcester County Public Schools
Community
- Association: Yes
- Assoc. Name: MONTEGO BAY CIVIC ASSOCIATION
- Assoc. Fees Include: Common Area Maintenance, Pool(s), Road Maintenance
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Modular/Pre-Fabricated
- Structure Type: Manufactured
- Construction: Aluminum Siding
- Stories Description: Main
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Living Area: 1,200 Sq. Ft.
- Finished Above Grnd: 1,200 Sq. Ft.
- Year Built: 1989
- Year Built Source: Estimated
- Property Condition: Below Average
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size Source: Estimated
- Zoning: TR
Water Features
- Navigable Water: Yes
- Water Access: Yes
- Water Front Type: Canal
- Water Front Name: Assawoman Bay
Financial Considerations
- Price Per Sq. Ft.: $208.33
- Association Fee: $396
- Assoc Fee Freq.: Annually
- Assessment Year: 2025
- Tax w/Assessment: $190,000
- Tax Amount: $190,000
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by Berkshire Hathaway HomeServices Homesale Realty, Dale L Bock
Sold by Montego Bay Realty, Bill R. Rothstein
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Schools
Schools serving 705 Gulf Stream Dr
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 7 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 11.1 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 9.9 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 9.7 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 705 Gulf Stream Dr
Date
Details
Price
Change
Source
1/09/2026
Sold
$230,000
-8%
MLS
11/26/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
705 Gulf Stream Drive, Ocean City, MD 21842 (MLS# MDWO2035092) is a Mobile Home property that was sold at $230,000 on January 09, 2026. Want to learn more about 705 Gulf Stream Drive? Do you have questions about finding other Mobile Home 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.

