Beds3
Baths2
Sq.Ft.1,178
Year1972
Dustin Oldfather
(302) 260-2000
Status:
Active
Property Type:Unit/Flat
MLS #:MDWO2012848
Sq. Feet:1,178
On Site:78 Days
County:Worcester
Monthly HOA:$600
Listing Office
Office:Berkshire Hathaway Homeservices Penfed Realty
List price: $559,000. Even though this is a list price increase of 10K, the seller will now cover the entire $90,000 for the current assessment, which hadn't previously been part of the arrangement. There are summer rentals booked for this unit, but it the property settles by June, a buyer would be looking at receiving about $15,000 in rental income.
This is a Rare opportunity to acquire a waterfront property along the Bayshore Drive corridor. Unit comes with an assigned boat slip. Back decks of condos present an incredible view facing Mallard Island, Bluefish Cove, and Drum Island. Incredible view of the bay and bay sunsets. Convenient for boaters since the boat slips are right on the channel that gives you access to the greater bay.
New washer/dryer, dishwasher and refrigerator. Recently installed granite countertops. Unit interior has been updated with modern decor/amenities. For that matter everything in the unit conveys save for a few personal items and paintings (See inclusions/exclusions)
Owner has short term rentals in the summer; buyer must honor rentals on the books. Great rental unit; owner currently grosses $2800 a week in season.
PARKING: "Each unit is assigned ONE spot that can hold TWO standard sized cars".
This is a Rare opportunity to acquire a waterfront property along the Bayshore Drive corridor. Unit comes with an assigned boat slip. Back decks of condos present an incredible view facing Mallard Island, Bluefish Cove, and Drum Island. Incredible view of the bay and bay sunsets. Convenient for boaters since the boat slips are right on the channel that gives you access to the greater bay.
New washer/dryer, dishwasher and refrigerator. Recently installed granite countertops. Unit interior has been updated with modern decor/amenities. For that matter everything in the unit conveys save for a few personal items and paintings (See inclusions/exclusions)
Owner has short term rentals in the summer; buyer must honor rentals on the books. Great rental unit; owner currently grosses $2800 a week in season.
PARKING: "Each unit is assigned ONE spot that can hold TWO standard sized cars".
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Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 4/8/2023 | $549,000 | $559,000 | 1.8% |
Community Information
Address:413 Bayshore Dr, Ocean City, MD 21842
County:Worcester
City:Ocean City
Subdivision:None Available
Zip Code:21842
Building:Sun And ---
School Information
School District:Worcester County Public Schools
High School:STEPHEN DECATUR
Middle School:STEPHEN DECATUR
Elementary School:OCEAN CITY
Architecture
Bedrooms:
3
Bathrooms:
2
Year Built:1972
Stories:1
Style:Unit/Flat
Construction: Concrete, Dryvit
Year Renovated: 2023
Unit Building Type: Garden 1 - 4 Floors
Roof: Rubber
Features / Amenities
Appliances: Dishwasher, Dryer - Electric, Dryer - Front Loading, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer - Front Loading, Water Heater
Main Level Bedrooms: 3
Entry Level: 0
Patio And Porch: Patio(s)
Dock: Material - Treated Lumber
Community Amenities: Common Grounds, Pier/Dock
Sub Structure Types: Above Grade, Below Grade
Cooling: Heat Pump(s)
Cooling Fuel: Electric
Heating: Heat Pump - Electric BackUp
Heating Fuel: Electric
Hot Water: Electric
Square Footage
| Finished Sq. Ft. | |
| Above Grade | 1178 |
| Below Grade | 0 |
| Total | 1178 |
Property Features
Lot Dimensions:0.00 x 0.00
Water Access: Fishing Allowed, Private Access, Boat - Powered
Location: Bayfront
Parking Types: Parking Lot
Parking Included In List Price: No
Parking Lot - # of Spaces: 2
View: Bay
Waterfront Features: Exclusive Easement, Private Dock Site
Sewer: Public Sewer
Water: Public
Municipality: Ocean City
Dock Conveyance: Assigned
Zoning:R-2
Directions:Philadelphia Ave to 26th Street. West on 26th, right on Judlee, left onto Bayshore
Tax and Financial Info
Total Taxes: $3,957 (paid Annually)
Tax Year: 2023
Ownership Type: Condominium
Homeowners' Assoc.: Yes
City Tax Rate: $1,270.00 (Annually)
County Tax Rate: $2,372.00 (Annually)
Condo Coop Fee: $1,800.00 (Quarterly)
Acceptable Financing: Cash, Conventional
Association Fee: $1, 800.00
HOA Fee: $1, 800.00 (Quarterly)
Association Fee Includes: Insurance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance
Schools
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413 Bayshore Dr Ocean City, MD 21842
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Listing Information Last Updated 5/29/2023
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The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.
