507 Penguin Dr Unit 53, Ocean City, MD 21842

$345,000
2
BD
2
BA
816
SqFt

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List Price
$345,000
Status
COMING SOON
MLS#
MDWO2041850
Bedrooms
2
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
816
Year Built
1972
County
Worcester
Subdivision
None Available
Building Name
Bay Cove I

Property Description

Professional photos coming soon! LOWEST-PRICED 2-BEDROOM WITH A DEEDED BOAT SLIP! Get ready for fun in this waterfront 2-bedroom, 1.5-bath townhome in desirable midtown Ocean City, Maryland. Fully furnished and ready to enjoy, this is the perfect beach-and-boating getaway for making memories. Boaters will love having a deeded boat slip directly off your waterfront deck. Step through the kitchen’s sliding doors onto your southern-exposure composite deck, hop on the boat, and you can be out to the bay in minutes. After a day on the water, relax on the deck with dinner or cocktails and enjoy the beautiful evening sunsets. Located in the Bay Cove community, the townhome is just steps from the community pool, making it easy to cool off, meet the neighbors, and enjoy everything that makes Ocean City summers special. Inside, you’ll find central air and heat, ample closet space, a pull-down attic for additional storage. Outside, there is a storage shed plus additional under-deck storage—perfect for beach gear, boating equipment, paddleboards, and all your summer toys. The kitchen does need some TLC following a previous dishwasher leak, giving the next owner an opportunity to update the space to their taste. A new dishwasher is included with the sale but has not yet been installed. Take the off season to make this property your dream for the 2027 summer. With a well-run association, midtown location, community pool, deeded boat slip, abundant storage, and furnishings included, this property offers tremendous potential as an Ocean City beach and boating retreat.

Additional Information

Area
Bayside Waterfront (84)
Annual Tax Amount
$4,748
HOA Fee 2
4400
HOA 2 Frequency
Annually
Ownership Interest
Condominium
Interior Features
Ceiling Fans, Dining Combo
Exterior Features
Outbuildings, Lighting
View
Canal
Heating
Heat Pump
Cooling
Heat Pump
Utilities
Cable Available, Electric Available
Water
Public
Sewer
Public Sewer

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Engel & Volkers Ocean City. Contact: