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8800 Coastal Highway # 705 Ocean City, MD $ 526,000
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$ 526,000 Get more info
8800 Coastal Highway # 705
$ 526,000
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Share Save

8800 Coastal Highway # 705

Ocean City, MD, 21842
$ 526,000
Bedrooms2 Baths2.0 Sq 1,225

Monthly Estimate*

$ 3,496

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Condo for sale in Ocean City, MD

for $526,000 with 2 bedrooms and 2 full baths. This 1,225 square foot condo was built in 1974.

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.

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Condo Active

Price

$ 526,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 4,645

Style

Coastal

Year Built

1974

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2018414
Features
General
Interior Features Breakfast Area Cedar Closet(s) Ceiling Fan(s) Dining Area Entry Level Bedroom Family Room Off Kitchen Floor Plan - Open Kitchen - Island Window Treatments
Sewer Public Sewer
Heating Heat Pump - Electric BackUp Forced Air
Cooling Heat Pump(s) Central A/C Ceiling Fan(s)
Utilities Electric Available Cable TV Available Phone Available Water Available Sewer Available
Possession Settlement
Appliances Built-In Range Dishwasher Disposal Dryer - Electric Microwave Oven/Range - Electric Range Hood Refrigerator Stove Washer/Dryer Stacked Water Heater
Exterior Features Exterior Lighting Fire Escape Flood Lights Gutter System Lawn Sprinkler Outside Shower Secure Storage
Zoning R-3
Association Fee Includes Common Area Maintenance Ext Bldg Maint Insurance Lawn Maintenance Management Pool(s) Reserve Funds Taxes
Architectural Style Coastal
Construction Materials Concrete Stucco
Exclusions Contents of owners closet
Year Built 1974
View Panoramic Ocean Water
Levels 1
Unit Number 705
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Waterfront Features Sandy Beach
Building Name Sea Terrace
Accessibility 36 + wide Halls Doors - Swing In Elevator
HOA Fee 2 2650.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Elevator Extra Storage Pool - Outdoor Reserved/Assigned Parking
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N Y
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Coastal Hwy to 88th street oceanfront
City OCEAN CITY
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area Direct Oceanfront (80)
Waterfront Y/N Y
Street Name COASTAL
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 4645.0
Property Condition Very Good
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total 429.39
Acceptable Financing Cash Conventional
Vacation Rental Y/N Y
Days on Market 130
Location Type Oceanfront
Standard Status Active
Year Built Source Assessor
Tax Lot 705
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1225
Full Baths 2
Street Suffix HIGHWAY
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 7
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool Yes - Community
Parking Features Assigned Lighted Parking Paved Parking
Water Source Public
Inclusions Fully Furnished
Type of Parking Off Street Parking Lot
Water View Y/N Y
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Water Access Features Boat - Powered Canoe/Kayak Fishing Allowed Personal Watercraft (PWC) Public Access Waterski/Wakeboard
Land Assessed Value 0.00
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 8800
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* Excluded Features
List By
Coldwell Banker Realty

Broker

candi@candinoyes.com

Email

Affordability Calculator

$3,883
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,496
Monthly Property Taxes
$387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3534738 Elementary School
3535750 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/22/2024$526,000 -2.41% Price Down
4/27/2024$539,000 -1.08% Price Down
3/17/2024$544,900 -0.02% Price Down
1/14/2024$545,000 Listed Price

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8800 Coastal Highway # 705, Ocean City, MD, 21842 is a Condo for sale at $526,000 with 1,225 sqft. 8800 Coastal Highway # 705 has 2 bedrooms, 2.0 baths, and was built in 1974. The property's zip code is 21842 which is in Ocean City, MD

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