901 Atlantic Avenue Unit #501, Ocean City, MD 21842

$1,050,000
3
BD
2
BA
1,650
SqFt

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Sold Price
$1,050,000
List Price
$1,099,000
Closing Date
Apr 01, 2024
Days on Market
14
Status
CLOSED
MLS#
MDWO2018878
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,650
Style
Coastal
Year Built
2002
County
Worcester
School District
Worcester County Public Schools

Property Description

This is "the" condominium to own at Ocean's Edge. Flooded with natural light this top floor southern exposure oceanfront penthouse has everything you want in a luxury property. Pull down 9th street and open the private electronic gate to access the parking lot featuring a designated parking spot directly next to the elevator. Association is in the process of reconfiguring the parking lot to provide each condo with 2 designated parkings spots. The secure access elevator lobby features an elevator servicing all floors of the building. Stop on level 1 to access your private oversized storage closet to store all of your beach items. This closet is large enough to accommodate bikes as well for those morning cruises on the boardwalk. Take the elevator to the top floor and enter the penthouse to be greeted by a foyer allowing access to the two large guest bedrooms and shared hall bath. Venturing further into the condo you will be taken back by the amazing views of the Atlantic Ocean. The open floorplan features a combined Kitchen, Dining, and Living room all accented by upgraded driftwood patterned tile flooring. The living room features a gas fireplace and access to the extra large oceanfront balcony. Head into the spacious primary bedroom with a sliding glass door opening to the same balcony. Wake up every day to the majestic sunrise over the Atlantic Ocean. With the famous Ocean City Boardwalk in your backyard you have access to endless entertainment, eateries, and shopping. This condo is selling fully furnished and ready for you to enjoy! Ocean's Edge is professionally managed by Mana-Jit, a local management company located in midtown Ocean City. While this is not currently a rental property, it could be and would perform phenomenally due to its location! Central Reservations Vacations Rentals estimates between $65,000 and $100,000 in gross rental income depending on how much time the new owner would allow for rentals during the year. (Note: Gas is not currently turned onto fireplace. Image included with fire in fireplace was artificially modified).

Additional Information

Area
Direct Oceanfront (80)
Subdivision
None Available
Building Name
Oceans Edge
Taxes
$8885
Condo Fee
$880
Interior Features
Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Primary Bedroom - Ocean Front, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops, Window Treatments
Amenities
Elevator, Extra Storage
School District
Worcester County Public Schools
Flooring
Ceramic Tile, Carpet, Other
Exterior Features
Exterior Lighting, Outside Shower, Secure Storage, Street Lights
Community Amenities
Elevator, Extra Storage
View
Ocean, City
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C, Ceiling Fan(s)
Roof
Built-Up
Utilities
Electric Available, Cable TV Available
Water
Public
Sewer
Public Sewer
Furnished
Yes

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Listing courtesy of Keller Williams Realty Delmarva. Contact:

Selling Office: .