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Off market
    • $640,300

    8500 Coastal Hwy Unit 1301, Ocean City, MD 21842

    3beds
    1,440sqft
    Condo
    Built in 1976
    -- sqft lot
    $640,300 Zestimate®
    $445/sqft
    $2,751 Estimated rent

    Home value

    $640,300

    $583,000 - $704,000

    $2,751/mo

    Zestimate® history
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    $2,751/mo

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    $2,751/mo

    Rent Zestimate®

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    $3,825/mo

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    $3,825/mo

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    What's special

    LOWEST priced 3 bedroom 3 bathroom condo in Ocean City. Extremely rare opportunity to own a Penthouse in this unique, Ocean Front building. Bi-level living with dramatic, and panoramic, Ocean and Bay views from the 80 ft. balcony. This well maintained building features Geo thermal HVAC system for year round lower utilities. Two elevators. Heated owners pool. A stable Home Owners Association. Relax and enjoy the low density Beach with private play area. The Mid-town location affords an easy to walk to restaurants and entertainment. Property has a solid rental history. Buyers must honor 2020 rentals. The last Penthouse, in this building, closed at $575K. A perfectly priced, turn-key opportunity to own both,, the perfect family getaway and beach investment. A comprehensive Home Warranty is included with sale.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric
    Cooling
    • Geothermal, Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Carpet, Open Floorplan, Wood Floors, Entry Level Bedroom, Combination Dining/Living, Tub Shower, Spiral Staircase, Primary Bath(s)
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,440 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Exterior features: Cement / Concrete
    • Pool features: In Ground, Heated, Community, Fenced, Domestic Water
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10092523
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1976

    Community & HOA

    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $445/sqft
    • Tax assessed value: $422,400
    • Annual tax amount: $5,785

    Price history

    DateEventPrice
    1/20/2021Sold$442,500$307/sqft
    Source: Public Record Report a problem
    11/13/2020Sold$442,500-3.8%$307/sqft
    Source: Agent Provided Report a problem
    10/17/2020Pending sale$460,000$319/sqft
    Source: Keller Williams Realty Delmarva #MDWO113152 Report a problem
    10/1/2020Price change$460,000-1.1%$319/sqft
    Source: Keller Williams Realty Delmarva #MDWO113152 Report a problem
    8/31/2020Price change$465,000-2.1%$323/sqft
    Source: Keller Williams Realty Delmarva #MDWO113152 Report a problem
    4/1/2020Listed for sale$475,000$330/sqft
    Source: Keller Williams Realty Delmarva #MDWO113152 Report a problem
    1/16/2020Listing removed$475,000$330/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    10/17/2019Price change$475,000+9.2%$330/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    10/2/2019Price change$435,000-2.2%$302/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    9/23/2019Price change$445,000-4.3%$309/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    9/20/2019Price change$465,000-2.1%$323/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    9/12/2019Price change$475,000-4%$330/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    2/16/2019Listed for sale$495,000$344/sqft
    Source: Keller Williams Realty Delmarva #MDWO103446 Report a problem
    10/29/2018Listing removed$495,000$344/sqft
    Source: Condominium Realty LTD #1001799378 Report a problem
    6/7/2018Listed for sale$495,000$344/sqft
    Source: Condominium Realty, LTD #517147 Report a problem
    7/3/2017Listing removed$495,000$344/sqft
    Source: Condominium Realty, LTD #506736 Report a problem
    10/11/2016Listed for sale$495,000-5.7%$344/sqft
    Source: Condominium Realty, LTD #506736 Report a problem
    8/31/2015Listing removed$525,000$365/sqft
    Source: Shoreline Properties Inc www.shorepro.com Report a problem
    5/8/2015Listed for sale$525,000$365/sqft
    Source: Shoreline Properties Inc www.shorepro.com Report a problem
    2/26/2015Listing removed$525,000$365/sqft
    Source: Vaughn H Lynch #489257 Report a problem
    10/10/2014Price change$525,000-8.7%$365/sqft
    Source: Vaughn H Lynch #489257 Report a problem
    8/13/2014Price change$575,000-10%$399/sqft
    Source: Vaughn H Lynch #489257 Report a problem
    3/23/2014Listed for sale$639,000$444/sqft
    Source: Vaughn H Lynch #489257 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,785 +1.9%$422,400 +4.1%
    2024$5,677 +3.6%$405,600 +4.3%
    2023$5,481 $388,800
    2022$5,481 -0.2%$388,800
    2021$5,493 $388,800
    2020$5,493 -0.4%$388,800
    2019$5,517 +1%$388,800 +0.5%
    2018$5,465 +0.3%$386,867 +0.3%
    2017$5,449 -8.9%$385,900
    2016$5,979 $385,900
    2015$5,979 $385,900 -6%
    2014$5,979 $410,400
    2013-- $410,400
    2012-- $410,400 -17.6%
    2011-- $498,240
    2010-- $498,240
    2009-- $498,240 -19.9%
    2008-- $622,080 +14.3%
    2007-- $544,320 +16.7%
    2006-- $466,560 +20%
    2005-- $388,800 +18.9%
    2004-- $326,866 +23.4%
    2003-- $264,933 +30.5%
    2002-- $203,000 +9.5%
    2001-- $185,332
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: OCEAN CITY
    • Middle: STEPHEN DECATUR
    • High: STEPHEN DECATUR
    • District: WORCESTER COUNTY PUBLIC SCHOOLS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $640,300
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    +$12,806
    With Zillow Showcase(estimated)
    $653,106
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $640,300
    2% more
    +$12,806
    With Zillow Showcase(estimated)
    $653,106

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