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5104 Coastal Highway , 301S

OCEAN CITY, MD 21842
  • $290,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: MDWO2018600
Under Contract
UPDATED: 219 min ago
$290,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 616
    SQFT
  • $471
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1985
County:

School Ratings & Info

Description

INVESTOR ALERT! OVER $25,000 IN GROSS RENTAL INCOME FOR 2023! Everything you want in a vacation getaway and income producer! Your chance to get in on this lucrative opportunity in Siesta Villas! Unit is a turn key 1 bedroom with a stylish living room and private balcony.1 Bedroom, 1 Bathroom: Perfect for cozy living, this condo is designed for comfort and convenience.Stylish Updates: Step into a space where modern aesthetics meet coastal charm. The interior has been thoughtfully upgraded, creating an atmosphere that's both chic and inviting.Rental Income Potential: This condo is not just a haven; it's also a smart investment. In 2023, it generated an impressive $27,000 in rental income, making it an attractive prospect for those seeking both a vacation home and a lucrative rental property.Proximity to Hotspots: Located strategically close to the Convention Center, Seacrets, Route 90 Bridge, Macky's, and Fager's Island, you'll find yourself in the heart of Ocean City's vibrant scene. Whether you're looking for entertainment, dining, or relaxation, everything is within reach.Turnkey Ready: This condo comes fully furnished, so you can start enjoying the coastal lifestyle from day one.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rhonda Frick Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T23:53:22.15.
www.rhondafrick.com/homes/147041637
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5104 Coastal Highway , 301S OCEAN CITY, MD 21842

  • Price: $290,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 219 min ago
  • ID#: MDWO2018600
1
Beds
1
Baths
0
½ Baths
N/A
Acres
616
SQFT
$471
$/SQFT
1985
Built
Neighborhood:
None Available
County:
Worcester
Area:
Ocean Block (82)
School District:
Worcester County Public Schools
Property Description
INVESTOR ALERT! OVER $25,000 IN GROSS RENTAL INCOME FOR 2023! Everything you want in a vacation getaway and income producer! Your chance to get in on this lucrative opportunity in Siesta Villas! Unit is a turn key 1 bedroom with a stylish living room and private balcony.1 Bedroom, 1 Bathroom: Perfect for cozy living, this condo is designed for comfort and convenience.Stylish Updates: Step into a space where modern aesthetics meet coastal charm. The interior has been thoughtfully upgraded, creating an atmosphere that's both chic and inviting.Rental Income Potential: This condo is not just a haven; it's also a smart investment. In 2023, it generated an impressive $27,000 in rental income, making it an attractive prospect for those seeking both a vacation home and a lucrative rental property.Proximity to Hotspots: Located strategically close to the Convention Center, Seacrets, Route 90 Bridge, Macky's, and Fager's Island, you'll find yourself in the heart of Ocean City's vibrant scene. Whether you're looking for entertainment, dining, or relaxation, everything is within reach.Turnkey Ready: This condo comes fully furnished, so you can start enjoying the coastal lifestyle from day one.
Exterior Features

Architectural Style Coastal Construction Materials Vinyl Siding Garage YN No Parking Types Parking Lot Pool No Pool Riparian Rights YN No Unit Building Type Garden 1 - 4 Floors Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 616 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Central Heating YN Yes Inclusions Fully furnished Levels 3 Main Level Bedrooms 1 Pets Allowed Dogs OKCats OK

Property Features

Acceptable Financing CashOtherConventional Accessibility Features None Assessment Year 2023 Association Amenities Common GroundsStorage Bin Association Fee Includes Reserve FundsTrash Association Fee2 600.00 Association Fee2 Frequency Quarterly Association YN No Central Air YN Yes Condo YN Yes Cooling Fuel Electric Entry Level 3 Federal Flood Zone X Federal Flood Zone YN Yes Heating Fuel Central Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 802831597968 Ownership Interest Condominium Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 1718.00 Tax Assessment Amount 121900.00 Tax Lot 301S Total Actual Rent 27000.00 Vacation Rental YN Yes Water Source Public Zoning R-3

Listing courtesy of Coldwell Banker Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rhonda Frick Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T23:53:22.15.
 
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