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Off market
  • $626,200

    8800 Coastal Hwy Unit 501, Ocean City, MD 21842

    2beds
    1,225sqft
    Condo
    Built in 1974
    -- sqft lot
    $626,200 Zestimate®
    $511/sqft
    $2,354 Estimated rent

    Home value

    $626,200

    $582,000 - $670,000

    $2,354/mo

    Zestimate® history
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    $2,354/mo

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    $2,354/mo

    Rent Zestimate®

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    $4,236/mo

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    $4,236/mo

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    What's special

    Looking for a direct oceanfront 2 bedroom, 2 bath fully furnished condo? Here it is!! Enjoy panoramic oceanfront views from your large wrap around balcony. Master bedroom has en suite bath and balcony access to enjoy beautiful bayside sunsets. New energy efficient sliding glass doors in primary bedroom room & living area installed in 2021. New range and microwave installed in the spacious kitchen in 2021. New vertical blinds in Living Room to be installed by seller. Sea Terrace has a wonderful outdoor pool to enjoy after a day on the beach and this unit has a large ground floor storage locker for storing beach toys & chairs. Home is turn key and has a fabulous rental history. Last year the gross rentals were over $28k. The current owners have $22k in gross rentals on the books this summer so far. The new buyer must honor the rentals. Schedule your showing today!!

    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: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,225 sqft

    Property

    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 10101484

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1974

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $495 monthly
    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $511/sqft
    • Tax assessed value: $468,767
    • Annual tax amount: $5,413

    Price history

    DateEventPrice
    6/17/2022Sold$600,000$490/sqft
    Source: Bright MLS #MDWO2007794 Report a problem
    5/26/2022Pending sale$600,000$490/sqft
    Source: Bright MLS #MDWO2007794 Report a problem
    5/23/2022Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    5/22/2022Listed for sale$600,000$490/sqft
    Source: Bright MLS #MDWO2007794 Report a problem
    5/17/2022Pending sale$600,000$490/sqft
    Source: Bright MLS #MDWO2007794 Report a problem
    5/15/2022Listed for sale$600,000+41.1%$490/sqft
    Source: Bright MLS #MDWO2007794 Report a problem
    11/24/2020Sold$425,100+13.4%$347/sqft
    Source: Public Record Report a problem
    7/16/2017Listing removed$375,000$306/sqft
    Source: Shoreline Properties #495129 Report a problem
    2/23/2017Price change$375,000-5%$306/sqft
    Source: Shoreline Properties #495129 Report a problem
    12/1/2015Listed for sale$394,900$322/sqft
    Source: 445SP 1 #495129 Report a problem
    8/31/2015Listing removed$394,900$322/sqft
    Source: Shoreline Properties Inc www.shorepro.com Report a problem
    5/8/2015Listed for sale$394,900$322/sqft
    Source: Shoreline Properties Inc www.shorepro.com Report a problem
    2/26/2015Listing removed$394,900$322/sqft
    Source: Vaughn H Lynch #495129 Report a problem
    2/4/2015Listed for sale$394,900+17.2%$322/sqft
    Source: Vaughn H Lynch #495129 Report a problem
    9/3/2003Sold$337,000$275/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,413 -8.6%$468,767 +10.8%
    2024$5,921 +11.3%$423,033 +12.1%
    2023$5,318 +1.9%$377,300
    2022$5,220 +1.7%$377,300 +3.8%
    2021$5,134 +2%$363,367 +2%
    2020$5,036 +4%$356,400
    2019$4,844 +5.6%$356,400 +9.8%
    2018$4,585 +5.2%$324,600 +5.2%
    2017$4,359 -3.1%$308,700
    2016$4,500 $308,700
    2015$4,500 $308,700 -8.3%
    2014$4,500 $336,800
    2013-- $336,800
    2012-- $336,800 -10.2%
    2011-- $375,000
    2010-- $375,000 -7.5%
    2009-- $405,470 +5.1%
    2008-- $385,870 +12.5%
    2007-- $342,996 +14.3%
    2006-- $300,123 +16.7%
    2005-- $257,250 +18.1%
    2004-- $217,832 +22.1%
    2003-- $178,416 +28.4%
    2002-- $139,000 +3.5%
    2001-- $134,332
    Find assessor info on the county website

    Neighborhood: Midtown

    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
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $626,200
    2% more
    +$12,524
    With Zillow Showcase(estimated)
    $638,724
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $626,200
    2% more
    +$12,524
    With Zillow Showcase(estimated)
    $638,724