Indulge in coastal life at this wonderful oceanfront condo in the heart of midtown Ocean City, MD. You are welcomed with a sense of tranquility and awe-inspiring panoramic views of the majestic Atlantic Ocean. The fifth floor is where you will find this two bedroom, two full bath end unit. Luxury vinyl plank flooring greets you at the front door and carries you through to the spacious dining and living area. The primary bedroom is a sanctuary of relaxation, featuring a private bath, ocean front views, and personal balcony access offering you a front row seat to nature’s grandeur. A substantially sized guest bedroom provides comfort and convenience and hosts its own bay views. Adjacent to the guest bedroom you will find the updated hall bath. The thoughtful layout of this unit also includes a large kitchen pantry, and a spacious laundry room / storage area. The electric storm shutters provide an extra layer of protection on the balcony allowing you to button up your home until you return. Upgrades include AC unit (2021), both sliders and all windows (2019), updated building exterior to include balcony railings (2017), and a new building roof (2019). The elevator and ramp provide easy beach access. Relish true coastal living in this beautiful ocean front unit in the desirable Mooring condo building! Sold furnished.
Sold for $650,000
$650,000
5001 Atlantic Ave Unit 501, Ocean City, MD 21842
2beds
1,136sqft
Condominium
Built in 1974
-- sqft lot
$634,500 Zestimate®
$572/sqft
$2,209 Estimated rent
Home value
$634,500
$590,000 - $679,000
$2,209/mo
Zestimate® history
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List your homeWhat's special
Beautiful ocean front unitAc unitUpdated hall bathAwe-inspiring panoramic viewsOcean front viewsSpacious laundry roomPrivate bath
Zillow last checked:
Listing updated:
Listed by:
Vickie Fellner 410-218-2645,
Northrop Realty,
Listing Team: The Effy Group
Bought with:
Karen Oass, 504976
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: MDWO2016688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Ice Maker, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: Dryer In Unit, Has Laundry, Washer In Unit, Laundry Room, In Unit
Features
- Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Molding, Dining Area, Elevator, Entry Level Bedroom, Open Floorplan, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Bathroom - Tub Shower, Dry Wall
- Flooring: Luxury Vinyl, Carpet, Ceramic Tile
- Doors: Storm Door(s), Insulated, Sliding Glass
- Windows: Screens, Double Hung, Double Pane Windows, Insulated Windows, Storm Window(s), Vinyl Clad, Window Treatments
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
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
- Parking features: Assigned, Parking Lot
- Details: Assigned Parking
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Sidewalks, Balcony
- Pool features: None
- Has view: Yes
- View description: Ocean, Bay, Panoramic
- Has water view: Yes
- Water view: Ocean,Bay
- Waterfront features: Sandy Beach, Oceanfront, Public Access, Beach Access, Swimming Allowed, Ocean
- Body of water: Atlantic Ocean
- Frontage length: Water Frontage Ft: 1
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410071356
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Masonry
- Foundation: Other, Block
- Roof: Unknown
Condition
- Excellent
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $900 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Elevator(s)
- Services included: Maintenance Structure, Trash
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $572/sqft
- Tax assessed value: $304,400
- Annual tax amount: $4,291
- Date on market: 10/12/2023
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2023 | Sold | $650,000$572/sqft |
Source:  Bright MLS #MDWO2016688 Report a problem | ||
| 10/23/2023 | Contingent | $650,000$572/sqft |
Source: Bright MLS #MDWO2016688 Report a problem | ||
| 10/12/2023 | Listed for sale | $650,000$572/sqft |
Source: Bright MLS #MDWO2016688 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 +26% | $323,700 |
| 2016 | $3,628 | $323,700 |
| 2015 | $3,628 | $323,700 |
| 2014 | $3,628 | $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 mi
Schools provided by the listing agent
- Elementary: Ocean City
- Middle: Stephen Decatur
- High: Stephen Decatur
- 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 501
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