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For sale
$309,000
2beds
1,016sqft

713 Kelly Rd #713A, Ocean City, MD 21842

2beds
1,016sqft
Condominium
Built in 1983
$301,000 Zestimate®
$304/sqft

What's special

Two-bedroom two-bathroom end-unit townhomePrivate rear deckConvenient off-street parking

Have you been searching for a property in Ocean City but keep running into high condominium fees? Here’s an alternative worth considering! Welcome to Cedar Bay, located in the Caine Woods neighborhood of North Ocean City, just a few blocks south of the Maryland/Delaware line. This two-bedroom, two-bathroom end-unit townhome offers many of the benefits buyers appreciate about single-family living, but at a price point more commonly associated with a condominium. Originally developed as a condominium, Cedar Bay does not have an active condominium association or traditional monthly condo fees. Instead, expenses such as building insurance, lawn maintenance, and water usage are shared with the adjoining duplex owner. It’s a different approach to ownership that allows you to enjoy the property without the typical monthly condominium expense. One of the real advantages here is the space, both inside and out. Step outside onto your private rear deck overlooking a grassy backyard reserved for your exclusive use. Whether you’re enjoying your morning coffee, entertaining friends, or simply relaxing after a day at the beach, you’ll appreciate having outdoor space to call your own. Add in convenient off-street parking, and you have a combination of features that isn’t always easy to find at this price point. Whether you’re searching for a primary residence, a weekend getaway, or simply an affordable place to call your own at the beach, this Cedar Bay townhome deserves a closer look. Enjoy the space and flexibility of townhome living without the burden of traditional monthly condominium fees

22 days
2,682
111

Likely to sell faster than

Source: Bright MLS,MLS#: MDWO2041908MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Ryan Haley 410-524-0919,

Atlantic Shores Sotheby's International Realty (410) 524-0919

Source: Bright MLS,MLS#: MDWO2041908MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
Basement
  • Area: 0
Heating
  • Heat Pump, Electric
Cooling
  • Central Air, Electric
Appliances
  • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
Features
  • Has basement: No
  • Has fireplace: No
Interior area
  • Total structure area: 1,016
  • Total interior livable area: 1,016 sqft
  • Finished area above ground: 1,016
  • Finished area below ground: 0

Property

Parking
  • Total spaces: 2
  • Parking features: Off Street
Accessibility
  • Accessibility features: None
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Pool features: None
Details
  • Additional structures: Above Grade, Below Grade
  • Parcel number: 2410235561
  • Zoning: R-1
  • Special conditions: Standard

Construction

Type & style
  • Home type: Condo
  • Architectural style: Contemporary
  • Property subtype: Condominium
  • Attached to another structure: Yes
Materials
  • Cedar
  • Foundation: Block
  • Roof: Asphalt
Condition
  • New construction: No
  • Year built: 1983

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: Caine Woods
HOA
  • Has HOA: No
  • Amenities included: None
  • Services included: Insurance, Maintenance Grounds
Location
  • Region: Ocean City

Financial & listing details

  • Price per square foot: $304/sqft
  • Tax assessed value: $304,800
  • Annual tax amount: $4,144
  • Date on market: 10/10/2026
  • Listing agreement: Exclusive Right To Sell
  • Listing terms: Cash,Conventional
  • Exclusions: Sold Unfurnished
  • Ownership: Condominium

Price history

DateEventPrice
10/10/2026Listed for sale$309,000+71.7%$304/sqft
Source: Bright MLS #MDWO2041908 Report a problem
4/7/2017Sold$180,000+2.3%$177/sqft
Source: Agent Provided Report a problem
1/6/2010Sold$176,000+163.7%$173/sqft
Source: Public Record Report a problem
9/19/1996Sold$66,750$66/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2026$4,144 +16.3%$304,800 +17.2%
2025$3,562 +18.2%$260,067 +20.8%
2024$3,014 +25.3%$215,333 +26.2%
2023$2,405 $170,600
2022$2,405 -0.2%$170,600
2021$2,410 $170,600
2020$2,410 +2.2%$170,600
2019$2,360 +3.7%$170,600 +5.9%
2018$2,276 +3.1%$161,133 +3%
2017$2,208 -0.5%$156,400
2016$2,219 $156,400
2015$2,219 $156,400 -2.6%
2014$2,219 $160,500
2013-- $160,500
2012-- $160,500 -13.2%
2011-- $184,910
2010-- $184,910
2009-- $184,910 -20.2%
2008-- $231,640 +13.8%
2007-- $203,532 +16%
2006-- $175,426 +19.1%
2005-- $147,320 +21.9%
2004-- $120,880 +28%
2003-- $94,440 +38.9%
2002-- $68,000
2001-- $68,000
Find assessor info on the county website

Monthly payment

Est. payment
$1,861/mo
Principal & interest
$1665
Property taxes
$196
More affordability toolsChevron Right

Estimated market value

$301,000

$286,000 - $316,000

$1,971/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: North Ocean City

Nearby schools

Ocean City Elementary School
Grades PK-4 • 7.5 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
9/10
Stephen Decatur Middle School
Grades 7-8 • 10.4 miles
10/10
GreatSchools® Rating
Test Score Rating
10/10
Student Progress Rating
9/10
Stephen Decatur High School
Grades 9-12 • 10.1 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
7/10