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  • $540,000

    5505 Atlantic Ave UNIT 409, Ocean City, MD 21842

    2beds
    1,122sqft
    Condominium
    Built in 1980
    -- sqft lot
    $635,700 Zestimate®
    $481/sqft
    $390/mo HOA

    What's special

    Here is your chance to own a turn key, spacious direct oceanfront condo in the prime midtown Ocean City area. Enjoy the magnificent unobstructed views and sounds of the Atlantic Ocean from your living room, bedroom and balcony. Take the stairs or an elevator down and you’ll be on the beach in minutes. One of the great features about this location is that the beach is not crowded and is considered a low-density beach area because there aren’t high-rise buildings on the bayside. This condo located on the fourth floor offers 2 nice sized bedrooms and 2 full bathrooms, a combination living/dining room area and an open concept kitchen. It is an END UNIT with a side window providing a lovely, unobstructed view of the beach. There is also a full-size washer & dryer in the condo. It is being offered fully furnished and the furniture was purchased in 2019 with minimal usage. Recent upgrades include new bathroom sinks, new luxury vinyl plank floors in 2017 and a new HVAC system in 2015. Owners are providing a one year home warranty. Ocean Trail is a well-managed condo with low fees and provides an elevator for easy access. There is assigned parking for two vehicles, an outside shower and a bike rack for storage. This condo is within walking distance of Fagers Island. Buyers must honor 2022 rentals and Buyers will receive all rental income for the period post-closing. There are now 7 weeks rented, with a gross income of $15,465. Schedule your tour now and make it yours just in time for summer fun.

    Zillow last checked: 7 hours ago

    Listing updated: August 17, 2022 at 06:34am

    Listed by:

    Jo Ann Brandt 302-300-7187,

    Coldwell Banker Realty

    Bought with:

    Michael Dodson, RS-0036853

    Sheppard Realty Inc

    Source: Bright MLS,MLS#: MDWO2008038MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Trash Compactor, Washer, Water Heater, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, In Unit
    Features
    • Combination Dining/Living, Elevator, Entry Level Bedroom, Open Floorplan, Primary Bedroom - Ocean Front, Bathroom - Tub Shower
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,122
    • Total interior livable area: 1,122 sqft
    • Finished area above ground: 1,122
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Parking Lot
    Accessibility
    • Accessibility features: Accessible Elevator Installed, No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Pool features: None
    • Waterfront features: Ocean
    • Body of water: Atlantic Ocean
    • Frontage length: Water Frontage Ft: 300
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410073227
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal,Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Frame
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ocean City
    • Subdivision: None Available
    • Municipality: Ocean City

    HOA & financial

    HOA
    • Has HOA: No
    • Amenities included: Elevator(s)
    • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Reserve Funds
    • Association name: Ocean Trail
    Other fees
    • Condo and coop fee: $1,170 quarterly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium
    Services availability
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    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

    $635,700
    2% more+ $12,714
    With Showcase(estimated)
    $648,414