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Sold for $500,000
  • $500,000

    10700 Coastal Hwy Unit 2401, Ocean City, MD 21842

    2beds
    1,107sqft
    Condo
    Built in 1977
    -- sqft lot
    $500,700 Zestimate®
    $452/sqft
    $2,508 Estimated rent

    Home value

    $500,700

    $446,000 - $561,000

    $2,508/mo

    Zestimate® history
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    $2,508/mo

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    $3,417/mo

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    $3,417/mo

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    What's special

    Magnificently renovated condo with spectacular Ocean Views AND Bay Views! One floor below the the Penthouse on the 24th floor of the tallest building in Ocean City! Enjoy one of the lowest density beaches in OC which is never over crowded! Very well managed "5 Star Rated" building with low Condo Fees of only $389/month, which includes Internet, WIFI and Cable with numerous premium channels. Recent building renovations include new roof, all new windows and sliders and 3 New High Speed Elevators. To top it all off, the Condo Fees have not gone up in 10 years and there is a substantial reserve fund! Improvements over the last 24 months: Newer high efficiency HVAC, kitchen cabinets, faucets, granite and appliances including refrigerator, stove, microwave and dishwasher. All newer flooring throughout! Too much more to mention! The Quay is rich in amenities including indoor and outdoor heated pools. This unit grosses over $30,000 in rent!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,107 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    • On waterfront: Yes
    Details
    • Parcel number: 10126258

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1977

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $390 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $452/sqft
    • Tax assessed value: $372,667

    Price history

    DateEventPrice
    2/18/2026Sold$500,000+29.9%$452/sqft
    Source: Public Record Report a problem
    4/1/2021Sold$385,000+69.2%$348/sqft
    Source: Public Record Report a problem
    7/6/2017Sold$227,500-3.2%$206/sqft
    Source: Public Record Report a problem
    2/25/2017Listed for sale$234,900+148.6%$212/sqft
    Source: Coldwell Banker/Bud Church Rea #508726 Report a problem
    1/27/1999Sold$94,500$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $372,667 +25.5%
    2024$4,157 +33.2%$297,033 +34.2%
    2023$3,121 +1.4%$221,400
    2022$3,079 +1.1%$221,400 +2.8%
    2021$3,044 +1.4%$215,467 +1.4%
    2020$3,002 -0.7%$212,500
    2019$3,023 +0.7%$212,500
    2018$3,002 -6.3%$212,500 -6.3%
    2017$3,204 -17.4%$226,900
    2016$3,879 $226,900
    2015$3,879 $226,900
    2014$3,879 $226,900
    2013-- $226,900
    2012-- $226,900 -29.8%
    2011-- $323,240
    2010-- $323,240
    2009-- $323,240 -19.1%
    2008-- $399,620 +13.8%
    2007-- $351,282 +16%
    2006-- $302,946 +19%
    2005-- $254,610 +25.3%
    2004-- $203,240 +33.8%
    2003-- $151,870 +51.1%
    2002-- $100,500 +0.2%
    2001-- $100,332
    Find assessor info on the county website

    Neighborhood: North Ocean City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: WORCESTER COUNTY PUBLIC SCHOOLS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $500,700
    2% more
    +$10,014
    With Zillow Showcase(estimated)
    $510,714
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $500,700
    2% more
    +$10,014
    With Zillow Showcase(estimated)
    $510,714