7 months on rocket

5401 Coastal Hwy Unit 1080B, Ocean City, MD, 21842

$387,500

Home List Price

$4,602*

Closing Credit

2 Bedrooms
2 Full Baths
1,245 SqFt
$311/SqFt
Condo
Schools Nearby

Location

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5401 Coastal Hwy Unit 1080B, Ocean City$387,500

Buyer Closing Credits

$4,602*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1985
HeatingHeat Pump
CoolingCentral Air
MLS #MDWO2016630
StatusActive
(ACTIVE)

About 5401 Coastal Hwy Unit 1080B

Midtown bayside location - next to Macky's and walk to/from Seacrets! The beach is just across the street. This is a 1,245 sf 2 bedroom 2 bath condo in popular San Remo. The pool is right out your patio door! Fully furnished. Includes 2 parking spots and the building has an elevator. This unit is an active vacation rental unit with Vacasa and has almost $25k on the books this year. Any reservations within 90 days of contract date will need to be honored.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1985
  • Stories: 1
  • Living Area: 1,245 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate Ocean City
  • Office Phone: (443) 205-4007
  • Listing Agent: Timothy O McLane

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven, Electric Range, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Basement: No
  • Interior: Dining Area, Floor Plan - Traditional, Window Treatments, Ceiling Fan(s), Elevator, Floor Plan - Open, Kitchen - Eat-In, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Outside Shower

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Heat Pump
  • 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: GPS to 5401 Coastal Hwy (south). Park in lot and stairs to first level to unit 108_B.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $387,500
  • Price Per SqFt: $311/SqFt

HOA Fees:

  • Amount: $1070
  • Frequency: Quarterly
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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

5401 Coastal Hwy Unit 1080B vs Ocean City

217 DAYS ON ROCKET

+172 Days

$387,500

-$52.7K Less

$311/SqFt

-$122 Less

KEY TAKEAWAY

This property is $52.7K less than the Median Sold Price and $122/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: #MDWO2016630

Listing Office:

  • Office Name: Iron Valley Real Estate Ocean City
  • Office Phone: (443) 205-4007
  • Listing Agent: Timothy O McLane

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: 4/27/2024, 9:00:17 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

$1,228

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NMLS#3030

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-1160172
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 3.06 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1160173
8
/10

  • Stephen Decatur Middle School

  • 9815 Seahawk Rd

  • 7.14 miles

  • Public District Grades 7-8

school-card-donut-1160174
7
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 8.42 miles

  • Public District Grades 4-6

High School

school-card-donut-1160175
6
/10

  • Stephen Decatur High School

  • 9913 Seahawk Rd

  • 7.13 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 $69,043. Typical income of Ocean City, MD residents is between $35k-100k annually. Most families are 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 5401 Coastal Hwy Unit 1080B

What is the listing price of this property?

The listing price of 5401 Coastal Hwy Unit 1080B property is $387,500.

What type of property is this?

The property 5401 Coastal Hwy Unit 1080B is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 5401 Coastal Hwy Unit 1080B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5401 Coastal Hwy Unit 1080B 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 5401 Coastal Hwy Unit 1080B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5401 Coastal Hwy Unit 1080B is 1,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5401 Coastal Hwy Unit 1080B is 1985.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›5401 Coastal Hwy Unit 1080B

This home is located at 5401 Coastal Hwy Unit 1080B in Ocean City, MD and zip code 21842. This 1,245 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 22, 2023 and is currently priced at $387,500.

While more than 12 listings in Ocean City, MD in March 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 61 were sold below. The number of listings in Ocean City, MD increased by 9.3% between February 2024 and March 2024. In March 2024 median list price was $440,233 and the average listing age was 45 days.

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

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