Karoll I Townhouses

Verified Building Facts

• Building Name: Karoll I
• Address: 13504 Wight Street, Ocean City, MD 21842
• Location Type: Oceanfront
• Location Type: North Ocean City
• Year Built: 1983
• Building Type: Townhouse-style
• Number of Units: 4
• Elevator Access: No
• Short Term Rentals: Yes

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

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About Karoll I

Karoll I is a small oceanfront townhouse-style complex in North Ocean City, built in 1983 with 4 total residences. The building consists of 3-story townhomes with 3-bedroom floor plans, a limited unit mix, and no elevator access.

The property is self-managed and includes garage parking, with 2 car garage per unit. Its very low unit count and low turnover contribute to limited market activity, while its oceanfront setting may fit second-home buyers, part-time owner/rental users, and buyers seeking low-maintenance ownership.

Amenities at Karoll I

Karoll I offers a focused set of essential on-site amenities for an oceanfront townhouse-style property in North Ocean City.

Amenities include:

• Garage parking

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Floor Plans and Unit Types

Karoll I has a more streamlined selection of floor plans focused on a specific unit style.

Common unit types include:

• 3-Bedroom

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

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Grant’s Local Insight on Karoll I

Karoll I is one of those buildings that makes a serious buyer perk up. Not because they’re the biggest (they’re not). Not because there’s no HOA (because there is). But because of something else entirely…

Four oceanfront townhomes, roughly 1780 square feet, 3BR 3BA, built with an HOA in place. What separates it immediately from most oceanfront townhomes in Ocean City is the garage. An actual enclosed garage in North Ocean City! Not just pull-under parking.

That is rare. Very rare.

The split-level design with the sunken oceanfront living room gives it a slightly different interior rhythm than most of the vertical townhomes. And the main-level oceanfront deck sits above the dunes, which gives you both elevation and view.

The location at the southern edge of Wight Street is another fun nuance. In-season, Wight Street becomes almost a North Ocean City “boardwalk” of its own, with pedestrians and bikers stretching from 135th all the way to the Delaware line.

Karoll I tends to attract buyers who understand value beyond square footage. Garage space. Privacy. Small association. Strong location.

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Who Karoll I Is Best Suited For

Karoll I is typically best suited for:

• Second-home buyers
• Part-time owner / part-time rental owners
• Buyers prioritizing oceanfront or water views
• Buyers looking for low-maintenance ownership
• "Buyers seeking quieter
• residential settings"

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Common Buyer Mistakes at Karoll I

Some of the most common mistakes buyers make when evaluating Karoll I include:

• Assuming nearby attractions operate year-round
• Not accounting for seasonal rental variability
• Assuming all units have identical interiors

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Rental and Investment Potential

Karoll I allows short-term rentals and has strong rental potential based on its oceanfront location in North Ocean City. Rental demand may be supported by the building’s direct oceanfront setting, though seasonal rental variability should be considered when evaluating rental use.

The building’s limited amenity scope and low name recognition mean rental use may depend more on oceanfront location, garage parking, and individual unit presentation than on a broad amenity package. Buyers should review current rental rules, ownership requirements, and operating considerations before relying on rental use as part of an ownership plan.

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HOA Fees and Ownership Details

Homeowner association fees at Karoll I 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.

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Karoll I Real Estate Market Trends

Karoll I typically has low market activity due to its very low unit count and low turnover. Its oceanfront location, townhouse-style format, and North Ocean City setting help define buyer interest, while the building’s name recognition remains low.

Pricing variation within Karoll I is commonly influenced by unit condition, views, layout, and how each residence has been maintained. Buyers evaluating the building should consider the limited floor plan variety, limited amenity scope, and direct oceanfront setting when comparing individual units.

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Karoll I vs Nearby Condos

Karoll I ends up in some interesting comparisons. Thirteen on the Beach competes on smaller scale and classic cottage feel, but it doesn’t offer the same square footage or the garage factor. Dune House brings in the HOA-managed townhome format with that dune-influenced layout. Then there’s Ocean Club, which shares that split-level interior personality and similar size range. Where Karoll I really separates itself is the garage. That’s rare. And in Ocean City, rare matters. If someone values enclosed parking and that slightly more substantial, elevated feel, Karoll I tends to rise above the others pretty quickly.

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