Bay Princess Condos

Verified Building Facts

• Building Name: Bay Princess
• Address: 110 81st Street, Ocean City, MD 21842
• Location Type: Bayfront
• Location Type: Mid-Town Ocean City
• Year Built: 1986
• Building Type: Mid-rise
• Number of Units: 83
• Elevator Access: Yes
• Short Term Rentals: Yes

These facts are provided for informational purposes and should be independently verified during the purchase process.

Back to section links ↑

About Bay Princess

Bay Princess is a five-story mid-rise condominium building constructed in 1986, containing 83 units with two- and three-bedroom layouts. The building provides elevator access and general amenities including a heated outdoor pool, large sundeck, and private parking. It is professionally managed by a local management company, offering structured operations for owners and occasional renters.

Located at 110 81st Street in the northern end of mid-town Ocean City, the building is positioned near dining, attractions, and a large grocery store, with convenient access to Route 90. Bay Princess is suitable for second-home buyers, part-time owners, and those intending minimal or occasional rental use, offering bayfront location advantages without assigned parking or boat slip facilities.

Amenities at Bay Princess

Bay Princess offers a focused set of essential on-site amenities for its bayfront location in Ocean City.

Amenities include:

• Heated outdoor pool
• Large sundeck
• Private parking

Back to section links ↑

Floor Plans and Unit Types

Bay Princess offers a balanced mix of floor plans suited to a range of buyer preferences.

Common unit types include:

• 2-Bedroom
• 3-Bedroom

Interior layouts, square footage, and finishes vary by unit, floor level, and ownership.

Back to section links ↑

Grant’s Local Insight on Bay Princess

Bay Princess is a fantastic bayfront condo building, and I say that without hesitation. It consistently delivers value for what it offers.

If you’re someone who wants bayfront views but doesn’t want to overpay just for the label, this is a building you should absolutely consider. The staggered design of the building was intentional and provides each unit with views, which is something a lot of bayfront properties can’t say.

The builder behind Bay Princess also developed Ocean Princess and Le Lisa on the ocean block in North Ocean City, and that experience shows. The construction is solid, the design makes sense, and the building has held up well over time.

What I like most here is the balance. You get strong bay views, good layouts, a bayfront pool, and a well-maintained property without unnecessary frills or inflated pricing. For second-home buyers and even blended use buyers, it’s often an excellent value.

Bay Princess is a building that doesn’t try to be trendy. It just works. And more often than not, buyers who take a serious look here end up pleasantly surprised.

Pro Tip: One of the best fine-dining restaurants in Ocean City is located next-door. Inside the neighboring Rivendell Condominium is The Hobbit Restaurant. A longtime staple in the fine-dining scene, the restaurant’s legacy is being continued by the next generation of the Heiderman Family. A+ food!

Back to section links ↑

Who Bay Princess Is Best Suited For

Bay Princess is typically best suited for:

• Second-home buyers
• Part-time owner / part-time rental owners
• Buyers who value walkable dining and attractions
• Owners intending occasional rentals only
• Owners planning minimal or no rental use

Back to section links ↑

Common Buyer Mistakes at Bay Princess

Some of the most common mistakes buyers make when evaluating Bay Princess include:

• Assuming all units have identical interiors
• Assuming parking is assigned to every unit
• Assuming rental income is consistent across all units
• Not accounting for seasonal rental variability
• Assuming it’s ideal for full-time residency without reviewing rules

Back to section links ↑

Rental and Investment Potential

Bay Princess permits short-term rentals and has moderate rental potential, making it suitable for owners seeking occasional rental income. Rentals are allowed, and the building can attract families or visitors looking for spacious accommodations in a bayfront setting.

The building’s bayfront location, heated outdoor pool, and other priority amenities support its use as a rental property, while its low name recognition and limited scale mean buyers should review conditions carefully. Observationally, the floor plans and amenities make Bay Princess an option for owners balancing personal use with periodic rental activity.

Back to section links ↑

HOA Fees and Ownership Details

Homeowner association fees at Bay Princess vary based on unit size and location. HOA fees generally contribute to building maintenance, amenity upkeep, insurance, management, and common area utilities.

Parking policies, pet rules, and rental guidelines should be reviewed during the contract process, as association policies may evolve over time.

Back to section links ↑

Bay Princess Real Estate Market Trends

Market activity at Bay Princess is generally moderate, supported by steady interest in a mid-rise, bayfront building at the northern end of mid-town Ocean City. Buyer demand tends to come from second-home buyers and part-time owners who value the bayside setting and nearby dining and attractions, while also considering practical features like a heated outdoor pool and private parking. With low name recognition, many buyers arrive through location-driven and view-oriented searches rather than brand awareness of the building itself.

Pricing differences within Bay Princess commonly reflect how individual units compare on bay and wetlands outlook, floor level, unit size, and interior condition. With moderate floor plan variety across 2-bedroom and 3-bedroom options, buyers typically weigh layout fit and livability alongside the quality of updates and overall maintenance. Parking and amenity expectations can also shape how units are evaluated, since parking requires permits and is not assigned, and unit-to-unit interiors are not necessarily identical.

Back to section links ↑

Bay Princess vs Nearby Condos

When buyers consider Bay Princess, they’re usually also looking at a building like Tritons Trumpet. They’re only a couple of blocks apart, similar in age, similar in layout size, and often very close in price. The views and overall scale feel comparable. It really becomes a building-condition and view-orientation conversation. Ocean Princess enters the conversation because of shared developer lineage and similar construction philosophy. But Ocean Princess is oceanblock, while Bay Princess is true bayfront. So the experience is different. Bay Princess usually appeals to buyers who want water views without paying oceanfront pricing, and Tritons Trumpet is the most direct apples-to-apples alternative in that lane.

Back to section links ↑

Buying or Selling a Bay Princess Property

Last reviewed by Grant Fritschle

Grant Fritschle is a second-generation Ocean City, Maryland real estate professional with nearly three decades of experience specializing in oceanfront, waterfront, and investment properties throughout Ocean City, MD and Fenwick Island, DE. He is known for his deep local knowledge, data informed guidance, and long term client relationships built on transparency and trust.

Last reviewed: February 2026

Back to section links ↑

Recent Blogs