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Sold for $332,500
  • $332,500

    510 Penguin Dr #202B, Ocean City, MD 21842

    2beds
    1,080sqft
    Condominium
    Built in 1973
    -- sqft lot
    $349,100 Zestimate®
    $308/sqft
    $2,114 Estimated rent

    Home value

    $349,100

    $325,000 - $377,000

    $2,114/mo

    Zestimate® history
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    What's special

    Discover your beach escape at 510 Penguin Drive, Unit 202, in Mid-Town Ocean City, just moments from the bay and a short stroll to the beach. This condo's superb location places you at the heart of Ocean City's offerings, including dining, entertainment, amusement parks, expansive beaches, and pristine waterways for water sports enthusiasts. Inside, an open entertainer's layout seamlessly blends kitchen, dining, and living spaces for effortless hosting and day-to-day coastal living. The generous primary bedroom features an ensuite and a private access to the balcony spanning the entire unit, offering additional space for gatherings and the perfect spot to savor a glass of wine while enjoying sunset views over the bay. A second bedroom, accompanied by a hall bath, awaits, along with a convenient laundry center for rinsing off swimwear and towels before your next beach adventure. Whether you seek a beach retreat or a potential income-generating unit, 510 Penguin Drive presents an incredible opportunity for you.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Gilbert 724-322-6744,

    Northrop Realty

    Bought with:

    Mary Rice, RS-0036409

    Engel & Volkers Ocean City

    Source: Bright MLS,MLS#: MDWO2018604MLS Logo

    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
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Cooktop, Washer, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, In Unit
    Features
    • Combination Kitchen/Dining, Dry Wall
    • Flooring: Hardwood, Ceramic Tile
    • Doors: Sliding Glass
    • Windows: Sliding
    • Has basement: No
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,080
    • Total interior livable area: 1,080 sqft
    • Finished area above ground: 1,080
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, Off Street, Parking Lot
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Tennis Court(s)
    • Pool features: Community
    • Has view: Yes
    • View description: Panoramic
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410062888
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Frame
    • Roof: Flat
    Condition
    • Excellent
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Cable Available

    Community & HOA

    Community
    • Features: Pool
    • Security: Main Entrance Lock, Smoke Detector(s)
    • Condo and coop fee: $395 monthly
    • Subdivision: Sandy Lane Estates
    HOA
    • Has HOA: No
    • Amenities included: Pool, Tennis Court(s)
    • Services included: Common Area Maintenance, Maintenance Structure, Pool(s), Reserve Funds, Insurance
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $140,400
    • Annual tax amount: $1,979
    • Date on market: 1/25/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Condominium

    Price history

    DateEventPrice
    5/31/2024Sold$332,500-4.7%$308/sqft
    Source: Bright MLS #MDWO2018604 Report a problem
    4/30/2024Contingent$349,000$323/sqft
    Source: Bright MLS #MDWO2018604 Report a problem
    1/25/2024Listed for sale$349,000-2.8%$323/sqft
    Source: Bright MLS #MDWO2018604 Report a problem
    1/16/2024Listing removed--
    Source: Bright MLS #MDWO2015906 Report a problem
    9/25/2023Price change$359,000-4.3%$332/sqft
    Source: Bright MLS #MDWO2015906 Report a problem
    8/25/2023Listed for sale$375,000+190.9%$347/sqft
    Source: Bright MLS #MDWO2015906 Report a problem
    1/14/2017Listing removed$128,900$119/sqft
    Source: REALHome Services and Solutions #WO9829541 Report a problem
    1/7/2017Price change$128,900-7.2%$119/sqft
    Source: REALHome Services and Solutions #WO9829541 Report a problem
    12/23/2016Listed for sale$138,900$129/sqft
    Source: REALHome Services and Solutions #WO9829541 Report a problem
    10/14/2016Listing removed$138,900$129/sqft
    Source: REALHome Services and Solutions #WO9777528 Report a problem
    10/2/2016Listed for sale$138,900-18.7%$129/sqft
    Source: REALHome Services and Solutions #WO9777528 Report a problem
    3/21/2015Listing removed$170,900$158/sqft
    Source: Condominium Realty LTD #489262 Report a problem
    3/16/2015Listed for sale$170,900$158/sqft
    Source: Condominium Realty LTD #489262 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Midtown

    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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    $349,100
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    With Zillow Showcase(estimated)
    $356,082