9100 Coastal Hwy Unit #319, Ocean City, MD 21842

$249,000
1
BD
1
BA
524
SqFt
List Price
$249,000
Days on Market
5
Status
PENDING
MLS#
MDWO2011940
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
524
Year Built
1991
County
Worcester
Subdivision
None Available
Building Name
Princess Royale

Property Description

Location/Amenities/Rentals! This beautiful one-bedroom Atrium/Ocean View Condo is located in the finest hotel on the beach. Featuring full kitchen, living room with pull out sofa, spacious two queen Tempur-Pedic bedroom, and atrium/ocean view balcony, this professionally managed condo (top ranked on Trip Advisor for Ocean City) sleeps 6 and grossed $45,000 in 2022. Savor coffee with sunrise over the ocean and a cocktail enjoying the activities in the Atrium. Enjoy the very best amenities at the beach including huge four season atrium with Olympic sized pool, hot tub, oceanfront dining and bars with live entertainment, room service, Creative Day Spa, 24 hour front desk, bell, security and concierge service, gift shop, Starbucks + Baked Desserts shop, game room, fitness room, beach chair and umbrella service, supervised children's activities, and parking garage - no other condo in town comes close! Easy walk to 10 restaurants in addition to on-site award winning Schooners restaurant, shopping, Art League classes, tennis and playground. The Princess Royale is also the largest convention hotel in Ocean City with strong rentals in the off season to compliment the busy summer. To participate in the Princess Royale rental program: condo must be available for rent year-round with Owner's use limited to 2 weeks in July and August, and agree to approx $40,000 renovation within the next 3 years that Princess Royale is facilitating. Take a look at one our Club rooms to see the renovated product. Owner may choose another management company and skip renovation.

Additional Information

Area
Oceanfront Indirect View (81)
Annual Tax Amount
$2,408
Ownership Interest
Fee Simple
Condo/Coop Fee
$355
Condo/Coop Fee Frequency
Monthly
Garage Spaces
1
Heating
Heat Pump - Electric BackUp
Cooling
Heat Pump(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rutherford Realty. Contact: (410) 524-1965