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$384,900

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,023 Sq. Ft.
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This beautifully maintained 2BR, 2 full BA condo is in the desirable Sunset Bay community located in mid-town OCMD. An open floor plans allows for a generously sized kitchen with breakfast bar, room for dining table, living room with gas fireplace, two large bedrooms (one ensuite) and private balcony. Sunset Bay offers an outdoor pool, fitness center, elevators, activity pier, two assigned parking spaces and a short walk to the beach. This condo is in a rental program and the past 3 summers averaged 18K/summer - with more room to grow. Keep all for yourself or add this to your rental portfolio. Add this one to your list today!

Full Property Details for 5405 Coastal Hwy #316

General

  • Price: $384,900
  • HOA FEE: $678/month
  • Taxes: $3,832 (2024)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2020558
  • Updated: 10/18/2024
  • Added to Site: 214 day(s) ago

Interior

  • Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas/Propane, Gas/Propane
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Tile/Brick

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Additional Information

  • Shared Amenities: Elevator, Exercise Room, Pool - Outdoor
  • Shared Pool: Yes
  • Pool: Yes

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Assigned Spaces: 316
  • Total Spaces: 1
  • Parking Features: Assigned, Paved Parking, Under Home Parking
  • Parking Type: Parking Lot

Location

  • Area: Bayside Interior (83)
  • Municipality: Ocean City
  • County: Worcester
  • Development Name: None Available
  • Subdivision: None Available
  • Building Name: Sunset Bay
  • Driving Directions: Coastal Hwy. At 54th St. Bayside
  • Location Details: Bayside
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

  • Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Pool(s), Insurance, Management, Reserve Funds, Trash, Water
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Unit/Flat
  • Architectural Style: Unit/Flat
  • Structure Type: Mid-Rise 5 - 8 Floors
  • Construction: Masonry, Stucco
  • Foundation: Other
  • Roof: Flat
  • Walls/Ceilings: Dry Wall
  • Entry Floor Number: 1
  • Stories/Levels: 0
  • Stories Description: Main
  • Square Feet: 1,023
  • Sq. Ft. Source: Assessor
  • Living Area: 1,023 Sq. Ft.
  • Year Built: 2005
  • Year Built Source: Assessor

Lot Features

  • Property View: Bay, Other
  • Lot Dimensions: 0.00 x 0.00
  • Lot Features: Cleared
  • Zoning: LC-1
  • Lot Description: Cleared

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $376.25
  • Condo Fee: $678
  • Condo Fee Freq: Monthly
  • Assessment Year: 2024
  • City/TownTax: $1,211
  • City/TownTax Freq: Annually
  • County Tax: $2,314
  • County Tax Freq: Annually
  • Tax w/Assessment: $273,800
  • Tax Amount: $3,832
  • Tax Year: 2024
  • Tax Total Finished Sq. Ft.: 1023

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Lot Number: 316

Listed by Coastal Life Realty Group LLC, Melanie Shoff

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Listing agent

— 5405 Coastal Hwy #316 —

  • Melanie Shoff

    Coastal Life Realty Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5405 Coastal Hwy #316

School District:Worcester County Public Schools
RatingNameGradesDistance
10
Ocean City Elementary School
12828 Center Dr, Ocean City, MD 21842
PK-43 mi
5
Berlin Intermediate School
309 Franklin Ave, Berlin, MD 21811
PK-48.4 mi
10
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Rd, Berlin, MD 21811
7-87.2 mi
7
Stephen Decatur High School
9913 Seahawk Rd, Berlin, MD 21811
9-127.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5405 Coastal Hwy #316 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/18/2024
Price Reduced
$384,900
-1.28%
MLS
9/23/2024
Price Reduced
$389,900
-1.04%
MLS
5/16/2024
Price Reduced
$394,000
-1.25%
MLS
4/30/2024
Listed
$399,000
49.44%
MLS
11/20/2020
Sold
$267,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5405 Coastal Hwy #316

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,014
—
$213,800
—
2021
$3,021
-1%
$213,800
—
2020
$3,042
1%
$213,800
—
2019
$3,020
-5%
$213,800
-5%
2018
$3,192
-1%
$226,000
—
2017
$3,209
—
$226,000
—
2016
$3,220
3%
$226,000
-2%
2015
$3,125
—
$231,100
—
2014
$3,129
—
$231,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5405 Coastal Hwy #316

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Coastal Life Realty Group LLC, Melanie Shoff

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5405 Coastal Highway #316, Ocean City, MD 21842 (MLS# MDWO2020558) is a Condo property with 2 bedrooms and 2 full bathrooms. 5405 Coastal Highway #316 is currently listed for $384,900 and was received on April 30, 2024. Want to learn more about 5405 Coastal Highway #316? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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