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Sold for $250,000 on 02/15/23
  • $250,000

    9100 Coastal Hwy #319, Ocean City, MD 21842

    1beds
    524sqft
    Condominium
    Built in 1991
    -- sqft lot
    $312,300 Zestimate®
    $477/sqft
    $1,073 Estimated rent

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    $1,073/mo

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    $1,215/mo

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    $1,215/mo

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    What's special

    Location/Amenities/Rentals! This beautiful one-bedroom Atrium/Ocean View Condo is located in the finest hotel on the beach. Featuring full kitchen, living room with pull out sofa, spacious two queen Tempur-Pedic bedroom, and atrium/ocean view balcony, this professionally managed condo (top ranked on Trip Advisor for Ocean City) sleeps 6 and grossed $45,000 in 2022. Savor coffee with sunrise over the ocean and a cocktail enjoying the activities in the Atrium. Enjoy the very best amenities at the beach including huge four season atrium with Olympic sized pool, hot tub, oceanfront dining and bars with live entertainment, room service, Creative Day Spa, 24 hour front desk, bell, security and concierge service, gift shop, Starbucks + Baked Desserts shop, game room, fitness room, beach chair and umbrella service, supervised children's activities, and parking garage - no other condo in town comes close! Easy walk to 10 restaurants in addition to on-site award winning Schooners restaurant, shopping, Art League classes, tennis and playground. The Princess Royale is also the largest convention hotel in Ocean City with strong rentals in the off season to compliment the busy summer. To participate in the Princess Royale rental program: condo must be available for rent year-round with Owner's use limited to 2 weeks in July and August, and agree to approx $40,000 renovation within the next 3 years that Princess Royale is facilitating. Take a look at one our Club rooms to see the renovated product. Owner may choose another management company and skip renovation.

    Zillow last checked: 8 hours ago

    Listing updated: February 16, 2023 at 02:29am

    Listed by:

    Michael Foelber 410-208-0469,

    Rutherford Realty

    Bought with:

    Jess Foy, 5010224

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: MDWO2011940MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Heat Pump, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 524
    • Total interior livable area: 524 sqft
    • Finished area above ground: 524
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Detached
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Levels: Five
    • Stories: 5
    • Pool features: Community
    • Waterfront features: Ocean
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410333687
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Coastal
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Dryvit
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Ocean City
    • Subdivision: None Available
    • Municipality: Ocean City

    HOA & financial

    Other fees
    • Condo and coop fee: $355 monthly
    Other financial information
    • Total actual rent: 44000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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    $312,300
    2% more+$6,246
    With Zillow Showcase(estimated)$318,546