$559,900 16 64th Street # 402 Ocean City, MD

MLS: MDWO2002994   Type: Condos   County: Worcester   City: Ocean City   Area: Ocean Block   Zip: 21842   Style: Unit/Flat   # Rooms: 8    Stories: 1   Taxes: $4,614

Mortgage $2,629 /mo



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Gorgeous Unit in the Ideal Midtown Location! This Oceanview 3 Bed 2 Bath, features a Private Balcony with Views of the Ocean & Bay. It's less than a 100yd walk from the lobby to Your Feet in the Sand! South Facing & Tastefully Updated throughout Recent years, this Unit Produces Excellent rental income! Recent upgrades include: New 16 SEER Heat Pump (2019), New Hot Water Heater (2018), New Vinyl Plank Flooring (2019), New 50" Smart TV's (2019), New Living Room Furniture (2019) and New Kitchen Appliances (2013). OceanScape Condominium features an Outdoor Pool, Elevator, Secure Lobby Entrance, & 2 Parking spaces w/ additional guest spots. A Low-Density Beach due to primarily 3-4 story condos and a lack of bayside residential property. Walking distance to numerous great Bars & Restaurants including: Skye Bar & Grill, Touch of Italy, Longboard Cafe, Fager's Island, and many more! Seasonal Rental Income is $47,748; Annual is $52,397. Current rental manager is willing to continue to manage the unit and produce these rates. Whether you decide to keep this unit as an income property or make it Your Home at the Beach, What a Great Vacation / Investment Property!

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Price History

10/16/2021 Listed $575,975
11/4/2021 3% - $559,900

Acceptable Financing Cash, Conventional
Accessibility Elevator, 36 + wide Halls
Appliances Washer, Built-In Microwave, Disposal, Dryer - Electric, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Range Hood, Stainless Steel Appliances, Water Heater - High-Efficiency
Architectural Style Unit/Flat
Association Amenities Beach, Elevator, Common Grounds, Pool - Outdoor
Association Fee Includes All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds
Association Y/N N
Bathrooms Count Main Level 2.00
Bathrooms Full Main Level 2
Building Name Oceanscape
Condo/Coop Association Y/N Y
Construction Materials Masonry, Dryvit, Stick Built
Cool Fuel Electric
Cooling Central A/C
Days on Market 32
Exclusions Personal Items
Exterior Features Exterior Lighting, Outside Shower, Fire Escape
Facing Direction South
Flooring Luxury Vinyl Plank, Carpet, Tile/Brick
Garage Y/N N
HOA Fee 2 1500.00
HOA Fee 2 Frequency Quarterly
Heating Heat Pump(s), Central
Historic Y/N N
Interior Features Ceiling Fan(s), Breakfast Area, Carpet, Combination Kitchen/Living, Elevator, Entry Level Bedroom, Flat, Floor Plan - Open, Recessed Lighting, Sprinkler System, Window Treatments, Walk-in Closet(s)
Levels 1
Location Type Oceanblock
MLS Area Ocean Block (82)
Municipality Ocean City
New Construction N
Other Structures Above Grade, Below Grade
Ownership Condominium
Patio/Porch Features Balcony, Deck(s), Breezeway, Patio(s), Terrace
Pool Features In Ground
Pool Y/N Yes - Personal
Possession Settlement
Price Per Sq Ft 428.71
Property Type Residential
PropertyCondition Excellent
School District 121138066543
Security Features Main Entrance Lock, Security System
Senior Community Y/N N
Sewer Public Sewer
Structure Type Unit/Flat/Apartment
Subdivision Name NONE AVAILABLE
Tax Annual Amount 4614.0
Tax Lot 402
Tax Year 2021
Total Rooms 8
Total Units 12
Unit Number 402
Vacation Rental Y/N Y
View Ocean, Water
Water Access Y/N N
Water Body Name Atlantic
Zoning R-3

Interior Features

Above Grade Finished Area 1306
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Y/N N
Below Grade Finished Area 0
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft 0
Below Grade Unfin Sqft Source Assessor
Central Air Y/N Y
Entry Level 4
Fireplace Features Gas/Propane
Fireplace Y/N Y
Full Baths 2
Heating Fuel Electric, Natural Gas
Heating Y/N Y
Hot Water Electric, 60+ Gallon Tank
Laundry Type Dryer In Unit, Washer In Unit
Living Area 1306
Main Level Bedrooms 3
Number of Elevators 1
Total Baths 2
Total Bedrooms 3
Total Fireplaces 1
Window Features Insulated, Screens, Sliding

Exterior Features

Door Features Storm, Sliding Glass, Insulated
Foundation Details Pilings, Block, Concrete Perimeter
Inclusions Furnishings
Lot Dimensions 0.00 x 0.00
Lot Features Cleared
Navigable Water Y/N N
Parking Features Handicap Parking, Unassigned, Lighted Parking
Parking Lot - # Of Spaces 2
Road Responsibility Public
Total Parking Spaces 2
Type of Parking Parking Lot
Water Body Type Ocean
Water Oriented Y/N Y
Water Source Public
Water View Y/N Y
Waterfront Y/N N

Property Schools

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Property vs Zip Code Avg (21842)

Price 559K Avg 591K

Sqr Feet 1,306 Avg 1,362

Cost / Sqr Ft $429 Avg $434

Taxes $4,614 Avg $4,849

Visits 4 Avg 34

Days on Site 43 Avg 88

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Listing Provided Courtesy Of: Coldwell Banker Realty

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Location & Address

Jamie Cook
1440 Central Park Blvd Ste 210
Fredericksburg, VA