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120 53Rd Street #K30102, Ocean City, MD 21842-5362 $299,999

Beds/Baths: 2/2
Interior Sq. Ft: 1,056
Acreage:
Age:42 years
Style:
Coastal
MLS#: MDWO2017922
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

ATT - investors - Great Rental investment with over 16-17 k rental income -for 3rd floor condos . 2 bedroom 2 bath condo WATERFRONT with OUSTANDING BAY VIEWS and DEEDED BOAT SLIP located in desirable mid town Ocean City. Bring your Boat and flip flops to enjoy the best of Ocean City. Bay spot condominium is located 53rd Street Bayside, easy access from Rt 90 in an out of town. Close to Beach, nightlife, shopping, watersports, Restaurants and short bus ride to the Iconic Boardwalk and all the attractions. Hop on your boat, Jet ski, Canoe or whatever you choose to berth in your private assigned boat slip and be on the open bay and to the Atlantic Ocean in minutes! travel by water to a plethora of Waterfront eateries and entertainment available in OC. Head to the Inlet or Atlantic Ocean for some of the best fishing in the White Marlin Capital of the World! Fantastic water views are to be had from inside your large 2 bedroom 2 full bath unit, partially furnished. Large kitchen with all appliances, New hot water heater and new Washer Dryer stack. Well run, self managed condo Association Unit Comes with deeded boat slip #49. You don't want to miss this one, come see today! Offered As Is ! Great rental investment GRI on Bay spot condos are 16,568.00 to 17,000 with built in repeat history . Condo fee increased for windows and staircase repair.

Taxes: $2,381
Home Assoc: No
Condo Assoc: $585/Monthly
Buyer Agency Comp*: 2.5 % Of Gross
Garage: N
Basement: N
Pool: No Pool
School Dist: Worcester County Public Schools
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Type: Canal; Waterfront: Private Dock Site; Types of Use: Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard; # of Docks: 1; Dock Type: Private; # of Slips: 1; Navigable: Yes; Physical Dock/Slip Conveys: Yes; Dock/Slip Conveyance: Assigned, Deeded, Exclusive Use;

Utilities
Heat Pump(s), Electric, Central A/C, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Main Floor Laundry, Washer In Unit, Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available

Garage/Parking
Off Site, Parking Lot, Paved Parking

Interior
Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Accessibility - 36"+ wide Halls, Accessibility - Doors - Swing In

Exterior
Pilings Foundation, Stick Built Exterior, Exterior Lighting

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Ocean City Elementary Worcester County Public Schools Preschool–4 Ocean City 2.94 mi

Private (1 schools)

School Grades Place Distance
Seaside Christian Academy Christian (no specific denomination) Preschool–12 Ocean City 3.28 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Coldwell Banker Realty , (443) 856-2211

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/18/2024.

120 53Rd Street #K30102, Ocean City, MD 21842-5362

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