2 months on rocket

Sale Pending

11500 Coastal Hwy Unit 1406, Ocean City, MD, 21842

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
2 Full Baths
888 SqFt
$619/SqFt
Condo
Schools Nearby

Location

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11500 Coastal Hwy Unit 1406, Ocean City$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered Parking, Attached Garage
Garage2 spaces
Year Built1975
HeatingHeat Pump
CoolingCeiling Fan(s), Central Air
ViewOcean, Bay
MLS #MDWO2018734
StatusSale Pending
(PENDING)

About 11500 Coastal Hwy Unit 1406

Welcome to your direct oceanfront oasis! This spectacular coastal condominium perched on the 14th floor offers a panoramic view on all three sides! You will enjoy the expansive open bay views from the front balcony, the wide open beach views from the side balcony, plus the sunrise and direct oceanfront views and from the front balcony! This 14th floor unit on the north end of the building has unobstructed views thanks to it's elevated position and no large buildings nearby. You even have a view of the fireworks from Northside Park! The condo unit features a front living room, front bedroom, hall bath, kitchen with breakfast bar, dining area and living room. There is a primary bedroom suite with adjoining bath. There is plenty of natural sunlight, but the best views are from the living room and primary bedroom! The Sea Watch building is exceptionally well maintained and has on-site management, security and maintenance. Numerous recent updates to the common areas including a refresh of the lobby and hallways. There are plenty of amenities, including indoor and outdoor pools, saunas, tennis courts, basketball court, volleyball court, billiard room, cinema, arcade, fitness center and more. There is even a pizza/sub shop on the first floor (in-season) for beach lunches and snacks. Beautiful entrance with fountain and courtyard and more than ample covered parking in the attached parking garage. The Sea Watch has six elevators for your convenience. This has been a long-time family vacation getaway, so no past rental history with this unit. Plenty of options with rentals with tremendous rental potential in this sought after building. Elevate your coastal living experience – this condominium is not just a home - it's a lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 1975
  • Stories: 1
  • Living Area: 888 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 860-7369
  • Listing Agent: James H Stephens

Interior Features

Interior Information:

  • Appliances: Disposal, Dryer, Refrigerator, Range Hood, Stove, Washer, Water Heater
  • Basement: No
  • Interior: Carpet, Floor Plan - Open, Breakfast Area, Primary Bath(s), Primary Bedroom - Ocean Front

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Ocean, Bay
  • Exterior: Exterior Lighting, Play Area, Secure Storage, Street Lights, Tennis Court(s), Water Falls

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered Parking, Attached Garage

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Stephen Decatur High School, Public District Grades 9-12
  • Stephen Decatur Middle School, Public District Grades 7-8
  • Berlin Intermediate School, Public District Grades 4-6
  • Ocean City Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Coastal Highway to 115th Street - Park in Visitor spaces.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $619/SqFt

Tax Information:

  • Annual Amount: $4,659
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

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Ocean City, MD

City

Med. Sold Price

$439.4K

Med. Price/SqFt

$431

Avg. Days On Market

50

# of Sold Homes

98

11500 Coastal Hwy Unit 1406 vs Ocean City

87 DAYS ON ROCKET

+37 Days

$550,000

+$110.5K More

$619/SqFt

+$187 More

KEY TAKEAWAY

This property is $110.5K more than the Median Sold Price and $187/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2018734

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 860-7369
  • Listing Agent: James H Stephens

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 10:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,659$329,667
2020$4,502$318,700
2019$4,403$309,533
2018$4,243$300,367
2017$4,113$291,200

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5029925
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 5.81 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5029926
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 9.24 miles

  • Public District Grades 7-8

school-card-donut-5029927
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 10.47 miles

  • Public District Grades 4-6

High School

school-card-donut-5029928
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 9.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $121,250. The most common annual income of people living in Ocean City, MD is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11500 Coastal Hwy Unit 1406

What is the listing price of this property?

The listing price of 11500 Coastal Hwy Unit 1406 property is $550,000.

What type of property is this?

The property 11500 Coastal Hwy Unit 1406 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Sale Pending: 11500 Coastal Hwy Unit 1406 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 11500 Coastal Hwy Unit 1406 are:
Ocean City Elementary School: GreatSchools Rating 10/10
Stephen Decatur Middle School: GreatSchools Rating 8/10
Berlin Intermediate School: GreatSchools Rating 7/10
Stephen Decatur High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,659 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11500 Coastal Hwy Unit 1406 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11500 Coastal Hwy Unit 1406 is 888 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11500 Coastal Hwy Unit 1406 is 1975.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›11500 Coastal Hwy Unit 1406

This home is located at 11500 Coastal Hwy Unit 1406 in Ocean City, MD and zip code 21842. This 888 square foot home was built in 1975. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 05, 2024 and is currently priced at $550,000.

In April 2024, from all listings sold in Ocean City, MD there were more than 14 sold above asking price, over 64 sold below and more than 20 were sold right at the asked price. In April 2024 in Ocean City, MD there were 4% more homes for sale than in March 2024. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $439,438.

From Rocket Homes Real Estate and based on county public records data.

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