$1,050,000
$1,099,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
901 ATLANTIC AVE #501 Ocean City, MD 21842
3 Beds
2 Baths
1,650 SqFt
Key Details
Sold Price $1,050,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $636
Subdivision None Available
MLS Listing ID MDWO2018878
Sold Date 04/01/24
Style Coastal
Bedrooms 3
Full Baths 2
Condo Fees $880/mo
HOA Y/N N
Abv Grd Liv Area 1,650
Originating Board BRIGHT
Year Built 2002
Annual Tax Amount $8,885
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Property Description
This is "the" condominium to own at Ocean's Edge. Flooded with natural light this top floor southern exposure oceanfront penthouse has everything you want in a luxury property. Pull down 9th street and open the private electronic gate to access the parking lot featuring a designated parking spot directly next to the elevator. Association is in the process of reconfiguring the parking lot to provide each condo with 2 designated parkings spots. The secure access elevator lobby features an elevator servicing all floors of the building. Stop on level 1 to access your private oversized storage closet to store all of your beach items. This closet is large enough to accommodate bikes as well for those morning cruises on the boardwalk. Take the elevator to the top floor and enter the penthouse to be greeted by a foyer allowing access to the two large guest bedrooms and shared hall bath. Venturing further into the condo you will be taken back by the amazing views of the Atlantic Ocean. The open floorplan features a combined Kitchen, Dining, and Living room all accented by upgraded driftwood patterned tile flooring. The living room features a gas fireplace and access to the extra large oceanfront balcony. Head into the spacious primary bedroom with a sliding glass door opening to the same balcony. Wake up every day to the majestic sunrise over the Atlantic Ocean. With the famous Ocean City Boardwalk in your backyard you have access to endless entertainment, eateries, and shopping. This condo is selling fully furnished and ready for you to enjoy! Ocean's Edge is professionally managed by Mana-Jit, a local management company located in midtown Ocean City. While this is not currently a rental property, it could be and would perform phenomenally due to its location! Central Reservations Vacations Rentals estimates between $65,000 and $100,000 in gross rental income depending on how much time the new owner would allow for rentals during the year. (Note: Gas is not currently turned onto fireplace. Image included with fire in fireplace was artificially modified).
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Zoning BC-2
Direction West
Rooms
Main Level Bedrooms 3
Interior
Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Stall Shower, Tub Shower, Upgraded Countertops, Window Treatments
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C, Ceiling Fan(s)
Flooring Ceramic Tile, Carpet, Other
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
Furnishings Yes
Fireplace N
Window Features Casement,Energy Efficient,Insulated
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
Heat Source Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Exterior Feature Balcony
Parking On Site 1
Utilities Available Electric Available, Cable TV Available
Amenities Available Elevator, Extra Storage
Waterfront Description Sandy Beach
Water Access N
View Ocean, City
Roof Type Built-Up
Accessibility Other
Porch Balcony
Garage N
Building
Lot Description Premium
Story 5
Unit Features Mid-Rise 5 - 8 Floors
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 5
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,High,Masonry
New Construction N
Schools
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Lawn Maintenance,Management,Reserve Funds,Snow Removal,Trash
Senior Community No
Tax ID 2410396999
Ownership Condominium
Security Features Smoke Detector,Sprinkler System - Indoor
Acceptable Financing Conventional, Cash
Horse Property N
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with JOHN R. CLARK • Taylor Properties
GET MORE INFORMATION