13 69th St Unit #310, Ocean City, MD 21842

$299,900
1
BD
1
BA
615
SqFt

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List Price
$299,900
Days on Market
0
Status
ACTIVE
MLS#
MDWO2040388
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
615
Year Built
1973
County
Worcester
Subdivision
None Available
Building Name
Ocean Terrace

Property Description

Prime Midtown Location – Ocean Block Condo with Ocean Views! This beautifully updated 3rd-floor condo in Ocean Terrace offers the ideal combination of convenience, comfort, and investment potential. Situated just steps from the beach on the ocean block, there’s no need to cross Coastal Highway to get your toes in the sand! You’ll appreciate being close to the popular inlet area while avoiding the congestion, and the property is surrounded by well-established shops and dining. Plus, it’s only seconds from the Route 90 Bridge for easy access in and out of town. This unit has been thoughtfully upgraded with new balcony sliders, front window, water heater, washer/dryer, dishwasher, stove, and updated electrical outlets. (*Stove and diswater were replaced since the photos were taken*) It has also been freshly painted and tastefully decorated throughout. The owners have enjoyed it as a personal vacation retreat while also benefiting from strong rental income with a current city rental license. All furnishings and items convey, making this a truly turnkey opportunity for both personal use and renters. Ocean Terrace is a well-maintained building with recent renovations already completed. Special assessments have been fully collected, and per the board, no additional assessments are anticipated. Condo fees are an impressively low $3,000 per year ($250/month or $750/quarter), offering exceptional value for an ocean block property. With its unbeatable location, recent upgrades, and low fees, this condo is a must-see for anyone seeking a beach getaway with excellent rental potential!

Additional Information

Area
Ocean Block (82)
Annual Tax Amount
$2,673
Ownership Interest
Condominium
Condo/Coop Fee
$3000
Condo/Coop Fee Frequency
Annually
Stories
3
Interior Features
Ceiling Fan(s), Recessed Lighting, Bathroom - Tub Shower, Floor Plan - Open, Kitchen - Island, Window Treatments
Amenities
None
Community Amenities
None
View
Ocean, Water
Heating
Forced Air, Heat Pump(s)
Cooling
Central A/C
Roof
Built-Up
Utilities
Cable TV
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Cummings & Co. Realtors. Contact: