8800 Coastal Highway Unit 705, Ocean City, MD 21842
- $475,000
- 2
- BD
- 2
- BA
- 1,225
- SqFt
- Sold Price
- $475,000
- List Price
- $515,000
- Closing Date
- Sep 06, 2024
- Days on Market
- 196
- Status
- CLOSED
- MLS#
- MDWO2018414
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,225
- Style
- Coastal
- Year Built
- 1974
- County
- Worcester
- School District
- Worcester County Public Schools
Property Description
SELLLERS PAYING THE ENTIRE 2024 CONDO FEE/ASSESSMENT (18,540.00) FOR RENOVATION OF NORTH TOWER AND POOL DECK . CONDO FEES FOR 2025 are 2,650.00 QUARTERLY AND 2026 2,400 QUARTERLY. The spacious Oceanfront 2 BR/Den condominium with 2 full baths, freshly painted and fully furnished with all modern appliances; central air conditioning and heat, newer washer and dryer, dishwasher. This condo boasts a SPECTACULAR OCEANFRONT VIEW from its large Oceanfront balcony and an Ocean View from the Master Bedroom window. Additionally, Sea Terrace 705 has a rare view for Ocean City, with a southern facing wrapped balcony. This is one of the only buildings with Ocean and Bay views from one LARGE balcony - watch the sun rise and set from the same chair! This condominium has hurricane shutters, upgraded sliding glass doors, and upgraded bathrooms with new vanities and lighting. Just steps off the elevator with nice Bay views. Great built in rental history spanning over 6 years with the same owner; grossing $25,450 (2022) & $20,650 (2023). Located in convenient mid-town, Sea Terrace is just steps to a wider stretch of Ocean City beach and Atlantic Ocean and walking distance to restaurants, shopping, grocery store, nightlife, Art League, basketball courts, playground, and dog park. Building amenities include Oceanfront heated outdoor pool with large sundeck, 3 elevators, tennis, and on site security and management. Private parking with overflow lot and plenty of free street parking. Secure beach lockers available for $100/yr. Condo fees for 2024: $4,650/quarterly (includes assessment for renovation of north tower and pool deck). Condo fees for 2025: $2,650/quarterly. Fees for 2026: $2,400/quarterly.
/u.realgeeks.media/grantf/logo-2020.png){kind=logo}
Additional Information
- Area
- Direct Oceanfront (80)
- Subdivision
- None Available
- Building Name
- Sea Terrace
- Interior Features
- Breakfast Area, Cedar Closets, Ceiling Fans, Separate Dining Room, Entry Level Bedroom, Family Room Off Kitchen, Open Floor Plan, Kitchen Island, Window Treatments
- School District
- Worcester County Public Schools
- Exterior Features
- Lighting, Fire Escape, Flood Lights, Rain Gutters, Sprinkler System, Outdoor Shower, Storage
- View
- Ocean, Water
- Heating
- Heat Pump, Forced Air
- Cooling
- Heat Pump, Central Air, Ceiling Fan(s)
- Utilities
- Electric Available, Cable Available, Phone Available, Water Available, Sewer Available
- Water
- Public
- Sewer
- Public Sewer
- Furnished
- Yes
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Coldwell Banker Realty. Contact:
Selling Office: Cummings & Co Realtors.