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7 45TH Street , #107

OCEAN CITY, MD 21842
  • $199,900
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: MDWO2023018
UPDATED: 128 min ago
$199,900
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 288
    SQFT
  • $694
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1971
County:

School Information

High School:

Description

Discover the perfect beachside retreat in the heart of Midtown Ocean City, Maryland with this charming first-floor studio condo. Ideally situated just steps from the beach, youll enjoy direct access to the sand and surf without the hassle of a long walk. Location is what makes this property really shine; adjacent to the newly renovated Sea Loft Hotel and walking distance to Belly Busters, Seacrets, Aloft Bayfront Tiki Bar, Mackys and more. This cozy studio has been recently updated to offer everything you need for a delightful coastal getaway. The space features new herringbone luxury vinyl planks and a stylish walk-in shower with contemporary black fittings.The well-equipped kitchenette boasts light wood cabinets, granite countertops, a stainless steel slim overhead microwave, a retro fridge, and essential small appliances, making meal preparation a breeze. The combined living and bedroom area includes a queen-sized bed, large closet, a small loveseat with storage, a through-the-wall AC and heat unit, a smart TV, and large sliding windows that fill the space with natural light.Convenience is key with a designated parking spot right out front, and the condo is easily accessible via a short flight of stairs or a handicap ramp on the first floor. Additionally, youll benefit from a storage locker in the back unit for all your beach gear. Recent building assessments ensure the propertys security and necessary updates, and low HOA fees reflect the new condo reserve study requirements.With a low cost of maintenance, upkeep, and utilities, this condo is an affordable investment for either a vacation home or a rental property. With 8 years of rental history and an average gross rental income of $25,000 per year, it offers an excellent opportunity to offset costs while enjoying the beachside lifestyle. Dont miss out on owning this ideal coastal escape in Ocean City!

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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: 2024-09-07T23:50:52.8.
www.rhondafrick.com/homes/154510830
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7 45TH Street , #107 OCEAN CITY, MD 21842

  • Price: $199,900
  • Status: Active
  • On Site: 6 Days
  • Updated: 128 min ago
  • ID#: MDWO2023018
0
Beds
1
Baths
0
½ Baths
N/A
Acres
288
SQFT
$694
$/SQFT
1971
Built
Neighborhood:
None Available
County:
Worcester
Area:
Worcester East Of Rt-113
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
Discover the perfect beachside retreat in the heart of Midtown Ocean City, Maryland with this charming first-floor studio condo. Ideally situated just steps from the beach, youll enjoy direct access to the sand and surf without the hassle of a long walk. Location is what makes this property really shine; adjacent to the newly renovated Sea Loft Hotel and walking distance to Belly Busters, Seacrets, Aloft Bayfront Tiki Bar, Mackys and more. This cozy studio has been recently updated to offer everything you need for a delightful coastal getaway. The space features new herringbone luxury vinyl planks and a stylish walk-in shower with contemporary black fittings.The well-equipped kitchenette boasts light wood cabinets, granite countertops, a stainless steel slim overhead microwave, a retro fridge, and essential small appliances, making meal preparation a breeze. The combined living and bedroom area includes a queen-sized bed, large closet, a small loveseat with storage, a through-the-wall AC and heat unit, a smart TV, and large sliding windows that fill the space with natural light.Convenience is key with a designated parking spot right out front, and the condo is easily accessible via a short flight of stairs or a handicap ramp on the first floor. Additionally, youll benefit from a storage locker in the back unit for all your beach gear. Recent building assessments ensure the propertys security and necessary updates, and low HOA fees reflect the new condo reserve study requirements.With a low cost of maintenance, upkeep, and utilities, this condo is an affordable investment for either a vacation home or a rental property. With 8 years of rental history and an average gross rental income of $25,000 per year, it offers an excellent opportunity to offset costs while enjoying the beachside lifestyle. Dont miss out on owning this ideal coastal escape in Ocean City!
Exterior Features

Architectural Style CoastalUnit/Flat Assigned Parking Spaces 1 Construction Materials MixedStick BuiltVinyl SidingBrick Veneer Garage YN No Parking Features Assigned Parking Types Parking Lot Pool No Pool Property Condition Excellent Unit Building Type Garden 1 - 4 Floors Water Access Features Public BeachPublic AccessSwimming Allowed Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 288 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Exclusions Wall artround mirrorfloor length mirrordresser Fireplace YN No Flooring Luxury Vinyl Plank Furnished Yes Heating Wall Unit Heating YN Yes Laundry Type None Levels 1 Main Level Bedrooms 0 Pets Allowed Case by Case Basis Rooms Total 2 Spa YN No

Property Features

Acceptable Financing CashConventional Accessibility Features Doors - Swing InRamp - Main Level Association Amenities Common GroundsExtra StorageReserved/Assigned Parking Association Fee 2300.00 Association Fee Frequency Annually Association Fee Includes Common Area MaintenanceExt Bldg MaintInsuranceReserve FundsTrash Association Fee2 0.00 Association Fee2 Frequency Annually Association Name OCEAN WAYE 45 Association YN Yes Central Air YN No Condo YN Yes Cooling Fuel Electric Cross Street 45th StCoastal Hwy Entry Level 1 Federal Flood Zone YN No Ground Rent Payment Frequency Annually Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN Y New Construction YN No Original MLSNumber 803321099810 Ownership Interest Condominium Pets Allowed YN Yes Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 1083.00 Tax Lot 107 Total Actual Rent 25000.00 Utilities Electric AvailableSewer AvailableWater AvailableOther Vacation Rental YN Yes Water Source Public Year Built Effective 2024 Zoning R-3

Listing courtesy of Fathom Realty MD, LLC: .


©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: 2024-09-07T23:50:52.8.
 
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