$539,000
8800 Coastal Hwy #705, Ocean City, MD, 21842
2
Beds
2
Baths
1,225
Square feet
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.
Facts & Features
MLS® # | MDWO2018414 |
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Price | $539,000 |
Bedrooms | 2 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,225 |
Acres | 0.00 |
Year Built | 1974 |
Type | Residential |
Sub-Type | Condo, Unit/Flat/Apartment, Hi-Rise 9+ Floors |
Style | Coastal |
Status | Active |
Community Information
Address | 8800 Coastal Hwy #705 |
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Area | Direct Oceanfront (80) |
Subdivision | NONE AVAILABLE |
City | Ocean City |
County | WORCESTER-MD |
State | MD |
Municipality | Ocean City |
Zip Code | 21842 |
Senior Community | No |
Amenities
Amenities | CeilngFan(s), Entry Lvl BR, Shades/Blinds, Cedar Closet(s) |
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Utilities | Electric Available, Cable TV Available, Phone Available, Water Available, Sewer Available |
Parking Spaces | 1 |
Parking | Assigned, Lighted Parking, Paved Parking |
View | Panoramic, Ocean, Water |
Is Waterfront | Yes |
Waterfront | Ocean |
Has Pool | Yes |
Interior
Interior Features | Floor Plan-Open |
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Appliances | Built-In Range, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range-Electric, Range hood, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater |
Heating | Heat Pump - Electric BackUp, Forced Air |
Cooling | Heat Pump(s), Central A/C, Ceiling Fan(s) |
Has Basement | No |
Fireplace | No |
# of Stories | 1 |
Stories | 1 Story |
Exterior
Exterior | Concrete/Block, Stucco |
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Exterior Features | Exterior Lighting, Flood Lights, Outside Shower, Secure Storage, Fire Escape, Lawn Sprinkler, Gutter System |
School Information
District | WORCESTER COUNTY PUBLIC SCHOOLS |
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Additional Information
Date Listed | January 14th, 2024 |
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Days on Market | 114 |
Zoning | R-3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Coldwell Banker Realty |
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Contact Info | (443) 856-2211 |