This is a DIRECT ocean front, end unit property, with an amazing view from the 3rd floor. Centrally located in mid town OC, close to Fagers Island, Seacrets, Shotti's Point and all the hot spots! Sit on your balcony and watch the dolphins swim while you have your morning coffee & enjoy the sunrise! This is an amazing opportunity to own a 2/2, direct ocean front in a midsize building with an elevator. This could be your dream family beach getaway, or make for an ideal investment property with excellent rental potential due to it's location in town, and direct ocean views! Look no further than the Mooring for that view & opportunity you have been waiting for!
Sold for $550,000
$550,000
5001 Atlantic Ave Unit 305, Ocean City, MD 21842
2beds
1,136sqft
Condominium
Built in 1974
-- sqft lot
$558,600 Zestimate®
$484/sqft
$2,077 Estimated rent
Home value
$558,600
$514,000 - $603,000
$2,077/mo
Zestimate® history
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List your homeWhat's special
Direct ocean frontAmazing view
Zillow last checked:
Listing updated:
Listed by:
Jay Pierorazio 443-510-3383,
Coastal Life Realty Group LLC
Bought with:
Nick Elko, 641207
O'Conor, Mooney & Fitzgerald
Source: Bright MLS,MLS#: MDWO2023134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Flat, Floor Plan - Traditional, Other, Dry Wall
- Flooring: Carpet, Ceramic Tile, Vinyl
- Windows: Double Pane Windows, Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,136
- Total interior livable area: 1,136 sqft
- Finished area above ground: 1,136
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Lighted, Assigned, Off Street, On Street, Other, Parking Lot
- Has uncovered spaces: Yes
- Details: Assigned Parking
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Other, Outdoor Shower
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanfront
Lot
- Features: Cleared, Other
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410071623
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Frame, Masonry, Other
- Foundation: Block, Pillar/Post/Pier
- Roof: Flat
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Other
Community & HOA
Community
- Condo and coop fee: $1,150 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Elevator(s)
- Services included: Insurance, Common Area Maintenance, Maintenance Structure
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $366,133
- Annual tax amount: $5,124
- Date on market: 9/13/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furnished
- Exclusions: Personal Items, Closet Items, Nik Naks
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $550,000-4.3%$484/sqft |
Source:  Bright MLS #MDWO2023134 Report a problem | ||
| 9/3/2025 | Pending sale | $574,900$506/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 8/4/2025 | Price change | $574,900-4.2%$506/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 6/2/2025 | Listed for sale | $599,900$528/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 5/19/2025 | Contingent | $599,900$528/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 10/22/2024 | Listed for sale | $599,900$528/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 9/26/2024 | Contingent | $599,900$528/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 9/13/2024 | Listed for sale | $599,900+46.3%$528/sqft |
Source: Bright MLS #MDWO2023134 Report a problem | ||
| 5/12/2004 | Sold | $410,000$361/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,860 +14.4% | $427,867 +16.9% |
| 2024 | $5,124 +19.4% | $366,133 +20.3% |
| 2023 | $4,291 | $304,400 |
| 2022 | $4,291 -0.2% | $304,400 |
| 2021 | $4,301 | $304,400 |
| 2020 | $4,301 -0.7% | $304,400 |
| 2019 | $4,330 +0.7% | $304,400 |
| 2018 | $4,300 -5.9% | $304,400 -6% |
| 2017 | $4,571 -5.8% | $323,700 |
| 2016 | $4,853 | $323,700 |
| 2015 | $4,853 | $323,700 |
| 2014 | $4,853 | $323,700 |
| 2013 | -- | $323,700 |
| 2012 | -- | $323,700 -20% |
| 2011 | -- | $404,410 +9.3% |
| 2010 | -- | $369,952 +53.6% |
| 2009 | -- | $240,830 -20% |
| 2008 | -- | $301,040 +15.2% |
| 2007 | -- | $261,280 +17.9% |
| 2006 | -- | $221,520 +21.9% |
| 2005 | -- | $181,760 +5.2% |
| 2004 | -- | $172,840 +5.4% |
| 2003 | -- | $163,920 +5.8% |
| 2002 | -- | $155,000 +3.9% |
| 2001 | -- | $149,166 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 2.9 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 7.2 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 7.1 mi
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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- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 5001 Atlantic Ave Unit 305
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