Direct oceanfront condo in a low-rise building with a desirable midtown location. This condo offers one bedroom, one full bathroom and one half bathroom. The open living area features a nicely furnished living room and an updated kitchen with granite countertops and stainless-steel appliances. There is a private balcony off the living area that is a great place to relax and enjoy the prime 5th floor ocean and beach views. The large bedroom in the rear of the condo features and ensuite half-bathroom. The full bathroom is centrally located and easily accessible from throughout the condo. This updated condo has been well-maintained and is in excellent condition with numerous updates. Building amenities include easy beach access, elevator, assigned parking and an outside shower. It is within a short walk to restaurants, amusements, shopping, water sports and more. This is a great condo in a great building, just in time for the popular Fall season in Ocean City. Schedule your private showing today.
Sold for $390,000
$390,000
5201 Atlantic Ave Unit 506, Ocean City, MD 21842
1beds
648sqft
Condominium
Built in 1980
-- sqft lot
$387,800 Zestimate®
$602/sqft
$1,700 Estimated rent
Home value
$387,800
$365,000 - $415,000
$1,700/mo
Zestimate® history
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List your homeWhat's special
Assigned parkingDirect oceanfront condoGranite countertopsPrivate balconyStainless-steel appliancesShort walk to restaurantsEasy beach access
Zillow last checked:
Listing updated:
Listed by:
Nicholas Bobenko 443-614-9179,
Coastal Life Realty Group LLC
Bought with:
Michael Dodson, RS-0036853
Sheppard Realty Inc
Source: Bright MLS,MLS#: MDWO2016060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
- Laundry: In Unit
Features
- Ceiling Fan(s), Open Floorplan, Upgraded Countertops
- Flooring: Ceramic Tile, Luxury Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 648
- Total interior livable area: 648 sqft
- Finished area above ground: 648
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Parking Lot
- Details: Assigned Parking
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Sandy Beach, Oceanfront, Ocean
- Frontage length: Water Frontage Ft: 100
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410204631
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete
Condition
- Good
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $197 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Elevator(s)
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds, Trash, Water
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $602/sqft
- Tax assessed value: $200,800
- Annual tax amount: $2,779
- Date on market: 8/28/2023
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $390,000-1.3%$602/sqft |
Source:  Bright MLS #MDWO2016060 Report a problem | ||
| 9/2/2023 | Contingent | $395,000$610/sqft |
Source: Bright MLS #MDWO2016060 Report a problem | ||
| 8/28/2023 | Listed for sale | $395,000+71.7%$610/sqft |
Source: Bright MLS #MDWO2016060 Report a problem | ||
| 2/26/2016 | Sold | $230,000-4.1%$355/sqft |
Source: Public Record Report a problem | ||
| 8/31/2015 | Listed for sale | $239,900+17%$370/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City-104th #499427 Report a problem | ||
| 8/26/2011 | Sold | $205,000-6.8%$316/sqft |
Source: Public Record Report a problem | ||
| 6/29/2011 | Price change | $219,900-2.2%$339/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City-104th #469091 Report a problem | ||
| 4/14/2011 | Price change | $224,900-2.2%$347/sqft |
Source: Coldwell Banker Residential Brokerage - Ocean City-104th #469091 Report a problem | ||
| 3/6/2011 | Price change | $229,900-4.2%$355/sqft |
Source: NRT MidAtlantic #469091 Report a problem | ||
| 10/16/2010 | Listed for sale | $239,900$370/sqft |
Source: NRT MidAtlantic #469091 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,342 +7.4% | $244,000 +9.7% |
| 2024 | $3,113 +10% | $222,400 +10.8% |
| 2023 | $2,830 +1.9% | $200,800 |
| 2022 | $2,779 +1.7% | $200,800 +3.8% |
| 2021 | $2,734 +1.9% | $193,467 +1.9% |
| 2020 | $2,682 -0.7% | $189,800 |
| 2019 | $2,700 +0.7% | $189,800 |
| 2018 | $2,681 -4.2% | $189,800 -4.2% |
| 2017 | $2,799 -11.4% | $198,200 |
| 2016 | $3,157 | $198,200 |
| 2015 | $3,157 | $198,200 |
| 2014 | $3,157 | $198,200 |
| 2013 | -- | $198,200 |
| 2012 | -- | $198,200 -24.7% |
| 2011 | -- | $263,080 |
| 2010 | -- | $263,080 |
| 2009 | -- | $263,080 -20.1% |
| 2008 | -- | $329,180 +19% |
| 2007 | -- | $276,590 +23.5% |
| 2006 | -- | $224,000 +30.7% |
| 2005 | -- | $171,410 +20.2% |
| 2004 | -- | $142,590 +25.3% |
| 2003 | -- | $113,770 +33.9% |
| 2002 | -- | $84,950 +2.2% |
| 2001 | -- | $83,150 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 7.3 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
- 5201 Atlantic Ave Unit 506
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