3 months on rocket

510 Penguin Dr # 202B, Ocean City, MD, 21842

$349,000

Home List Price

$4,144*

Closing Credit

2 Bedrooms
2 Full Baths
1,080 SqFt
$323/SqFt
Condo
Schools Nearby

Location

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510 Penguin Dr # 202B, Ocean City$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingPaved Parking, Off Street, Parking Lot
Year Built1973
HeatingCentral
CoolingCentral Air
ViewPanoramic
MLS #MDWO2018604
StatusActive
(ACTIVE)

About 510 Penguin Dr # 202B

Discover your beach escape at 510 Penguin Drive, Unit 202, in Mid-Town Ocean City, just moments from the bay and a short stroll to the beach. This condo's superb location places you at the heart of Ocean City's offerings, including dining, entertainment, amusement parks, expansive beaches, and pristine waterways for water sports enthusiasts. Inside, an open entertainer's layout seamlessly blends kitchen, dining, and living spaces for effortless hosting and day-to-day coastal living. The generous primary bedroom features an ensuite and a private access to the balcony spanning the entire unit, offering additional space for gatherings and the perfect spot to savor a glass of wine while enjoying sunset views over the bay. A second bedroom, accompanied by a hall bath, awaits, along with a convenient laundry center for rinsing off swimwear and towels before your next beach adventure. Whether you seek a beach retreat or a potential income-generating unit, 510 Penguin Drive presents an incredible opportunity for you.

Property Details

Property Features

Property Information:

  • Architectural Style: Unit/Flat
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,080 SqFt

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (302) 539-0800
  • Listing Agent: Kimberly Gilbert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Electric Range, Refrigerator, Stove, Washer
  • Basement: No
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior: Combination Kitchen/Dining

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Panoramic
  • Exterior: Tennis Court(s)

Parking Information:

  • Parking: Paved Parking, Off Street, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: 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: 510 Penguin Drive, Ocean City, MD

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $323/SqFt
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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

$440.2K

Med. Price/SqFt

$432

Avg. Days On Market

45

# of Sold Homes

89

510 Penguin Dr # 202B vs Ocean City

93 DAYS ON ROCKET

+48 Days

$349,000

-$91.2K Less

$323/SqFt

-$110 Less

KEY TAKEAWAY

This property is $91.2K less than the Median Sold Price and $110/SqFt less 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: #MDWO2018604

Listing Office:

  • Office Name: Northrop Realty
  • Office Phone: (302) 539-0800
  • Listing Agent: Kimberly Gilbert

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: 4/28/2024, 11:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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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-2218666
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.75 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2218667
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 6.08 miles

  • Public District Grades 7-8

school-card-donut-2218668
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.35 miles

  • Public District Grades 4-6

High School

school-card-donut-2218669
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 6.10 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 $55,076. Typical income of Ocean City, MD residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 Penguin Dr # 202B

What is the listing price of this property?

The listing price of 510 Penguin Dr # 202B property is $349,000.

What type of property is this?

The property 510 Penguin Dr # 202B is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 510 Penguin Dr # 202B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 510 Penguin Dr # 202B 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

How many bedrooms and bathrooms does this property have?

The property at 510 Penguin Dr # 202B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 510 Penguin Dr # 202B is 1,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 Penguin Dr # 202B is 1973.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›510 Penguin Dr # 202B

This home is located at 510 Penguin Dr # 202B in Ocean City, MD and zip code 21842. This 1,080 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $349,000.

Over 12 listings were sold over their listed price in March 2024 in Ocean City, MD. In the same period over 61 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Ocean City, MD increased by 9.3% between February 2024 and March 2024. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $440,233.

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

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