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For sale
  • $1,250,000

    11 54th St #203, Ocean City, MD 21842

    5beds
    2,622sqft
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    Condominium
    Built in 2006
    -- sqft lot
    $1,178,200 Zestimate®
    $477/sqft
    $1,000/mo HOA

    What's special

    Glimpses of the atlanticRefreshing ocean breezesSpacious wraparound balconyPrivate balconyPremium viking appliancesCharming window seatGranite countertops
    Some beach properties simply offer a place to stay. Key Largo #203 offers the lifestyle buyers spend years searching for. Perfectly positioned on the ocean block of 54th Street, this exceptional residence combines one of the most desirable locations in Ocean City with something that has become incredibly rare—a true 5-bedroom, 4½-bath condominium offering over 2,700 square feet of beautifully designed living space. Large enough to live like a home, yet effortless enough to enjoy as a vacation getaway or exceptional investment property, this is coastal living at its finest. Whether you’re gathering generations of family under one roof, hosting friends for unforgettable summer weekends, or seeking a high-demand vacation rental, the thoughtful floor plan was designed with everyone in mind. Three private bedroom suites provide the comfort and privacy today’s buyers expect, while the expansive Primary Suite offers its own peaceful escape with a private balcony, charming window seat, and morning sunshine filtering in from the east. The heart of every memorable beach home is where everyone naturally gathers, and the chef-inspired kitchen delivers beautifully. Outfitted with premium Viking appliances, granite countertops, abundant workspace, and an open flow into the dining and living areas, it’s equally suited for pancake breakfasts before the beach or seafood feasts after a day in the sun. Two sets of French doors open to a spacious wraparound balcony where refreshing ocean breezes and glimpses of the Atlantic create the perfect backdrop for morning coffee, afternoon cocktails, or simply unwinding after a day on the sand. Location is everything—and this one is hard to beat. Just a short stroll to the beach, you’re also within easy walking distance of many of Ocean City’s favorite restaurants, entertainment, and attractions, including Seacrets, Macky’s Bayside Bar & Grill, The Original Green Turtle, the Roland E. Powell Convention Center, Jolly Roger Amusement Park, and countless shops and conveniences. Leave the car parked and enjoy the best of midtown Ocean City on foot. Properties of this size and caliber are becoming increasingly difficult to find. Whether your dream is creating lasting family traditions, owning a luxurious second home, or investing in a property with exceptional rental appeal, Key Largo #203 checks every box—and then exceeds expectations. This isn’t simply a condominium. It’s where beach memories begin, sunsets linger a little longer, and every season feels like a vacation.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Riley 443-880-0512,

    RE/MAX Advantage Realty (410) 723-3600,

    Co-Listing Agent: Chris Jett 443-523-2360,

    RE/MAX Advantage Realty

    Source: Bright MLS,MLS#: MDWO2039184MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 5
      • Main level bedrooms: 5
      Basement
      • Area: 0
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Washer, Water Heater, Oven/Range - Electric, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Soaking Tub, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Open Floorplan, Upgraded Countertops, Walk-In Closet(s)
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,622
      • Total interior livable area: 2,622 sqft
      • Finished area above ground: 2,622
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered, Assigned, Off Street, Garage
      • Garage spaces: 2
      • Details: Assigned Parking, Assigned Space #: 203
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410754461
      • Zoning: R
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Combination
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $1,000 monthly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: None
      • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds, Trash
      • HOA name: Key Largo
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $477/sqft
      • Tax assessed value: $603,000
      • Annual tax amount: $7,864
      • Date on market: 6/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Condominium

        Estimated market value

        $1,178,200

        $1.12M - $1.24M

        $3,293/mo

        Price history

        DateEventPrice
        6/20/2026Listed for sale$1,250,000+101.7%$477/sqft
        Source: Bright MLS #MDWO2039184 Report a problem
        2/23/2010Sold$619,650+31%$236/sqft
        Source: Public Record Report a problem
        11/14/2009Listing removed$473,075$180/sqft
        Source: ERA Bill Martin and Assoc. Inc. #460068 Report a problem
        9/27/2009Price change$473,075-5%$180/sqft
        Source: ERA Bill Martin and Assoc. Inc. #460068 Report a problem
        9/6/2009Listed for sale$497,970-44%$190/sqft
        Source: ERA Bill Martin and Assoc. Inc. #460068 Report a problem
        10/30/2007Sold$890,000$339/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,864 +3%$574,167 +5.3%
        2024$7,632 +4.8%$545,333 +5.6%
        2023$7,281 $516,500
        2022$7,281 -0.2%$516,500
        2021$7,298 $516,500
        2020$7,298 -0.7%$516,500
        2019$7,348 +0.7%$516,500
        2018$7,296 -9.2%$516,500 -9.2%
        2017$8,033 +67.4%$568,900 +11.9%
        2016$4,800 $508,600 +13.5%
        2015$4,800 $448,300 +15.5%
        2014$4,800 $388,000
        2013-- $388,000
        2012-- $388,000 -3%
        2011-- $400,000 -33.1%
        2010-- $597,810
        2009-- $597,810 -20%
        2008-- $747,270
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        48 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Worcester County Public Schools

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

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