1 Bed
1 Bath
615 SqFt
1 Bed
1 Bath
615 SqFt
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 615 sqft
Price per Sqft $520
MLS Listing ID MDWO2034886
Financing Conventional
Style Unit/Flat
Subdivision None Available
Bedrooms 1
Full Baths 1
Condo Fees $3,000/ann
Total Units 1
Short Sale No
HOA Y/N N
Originating MLS BRIGHT
Available Date 2025-11-22
Property Description
This beautifully updated 3rd-floor condo in Ocean Terrace offers the ideal combination of convenience, comfort, and investment potential. Situated just steps from the beach on the ocean block, there's no need to cross Coastal Highway to get your toes in the sand! You'll appreciate being close to the popular inlet area while avoiding the congestion, and the property is surrounded by well-established shops and dining. Plus, it's only seconds from the Route 90 Bridge for easy access in and out of town.
This unit has been thoughtfully upgraded with new balcony sliders, front window, water heater, washer/dryer, dishwasher, stove, and updated electrical outlets. (*Stove and diswater were replaced since the photos were taken*) It has also been freshly painted and tastefully decorated throughout. The owners have enjoyed it as a personal vacation retreat while also benefiting from strong rental income with a current city rental license. All furnishings and items convey, making this a truly turnkey opportunity for both personal use and renters.
Ocean Terrace is a well-maintained building with recent renovations already completed. Special assessments have been fully collected, and per the board, no additional assessments are anticipated. Condo fees are an impressively low $3,000 per year ($250/month or $750/quarter), offering exceptional value for an ocean block property.
With its unbeatable location, recent upgrades, and low fees, this condo is a must-see for anyone seeking a beach getaway with excellent rental potential!
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning R-3
Rooms
Other Rooms Living Room, Kitchen, Laundry
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Recessed Lighting, Bathroom - Tub Shower, Floor Plan - Open, Kitchen - Island, Window Treatments
Hot Water Electric
Heating Forced Air, Heat Pump(s)
Cooling Central A/C
Equipment Built-In Microwave, Cooktop, Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Furnishings Yes
Fireplace N
Window Features Screens,Storm
Appliance Built-In Microwave, Cooktop, Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Heat Source Electric
1-purchase type For Sale
Exterior
Exterior Feature Balcony
Parking On Site 1
Utilities Available Cable TV
Amenities Available None
Waterfront N
Water Access N
View Ocean, Water
Roof Type Built-Up
Accessibility None
Porch Balcony
Road Frontage Public
Parking Type Parking Lot
Building
New Construction N
Story 1
Unit Features Garden 1 - 4 Floors
Foundation Slab
Lot Dimensions 0.00 x 0.00
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Story 1
Additional Building Above Grade, Below Grade
Schools
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
HOA Fee Include Ext Bldg Maint,Insurance,Trash,Snow Removal
Senior Community No
Pets Description Cats OK, Dogs OK
Tax Amount $2,673
Tax Year 2025
Tax ID 2410079926
Ownership Condominium
SqFt Source 615
Acceptable Financing Conventional
Special Sale Standard
Pets Allowed Y
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