MLS: #MDWO2040408, Listed By: Katie Quinn, Berkshire Hathaway HomeServices PenFed Realty-WOC, Source:Bright MLS
507 Penguin Drive #50
OCEAN CITY, MD 21842
2
Bed
2
Bath
816Sqft
Welcome to the beautiful bayfront community of Bay Cove I. This is a two bedroom affordable townhome w/ gorgeous south facing bay views, an outdoor pool, and conveys with your very own boat slip and lift! Nestled in the start of peaceful midtown OC just a few blocks from a grocer/deli, Jolly Rogers waterpark, go carts, mini golf, loads of restaraunts, Anthonys Deli, Castle in the Sand beach bar w/ live music, the start of the boardwalk for walks morning walks/bike rides, huge field for kids/dogs to play and Back Bay Adventures to rent jet skis, fishing & boat tours! Inside the home you'll enjoy a fully furnished and equipped turn key home including perks like; central heat/air, vinyl wood floors, custom kitchen cabinetry, granite countertops, SS appliances (fridge/dishwasher/garbage dispos
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Basement: Crawl Space -
Interior Features
Appliances: Electric Water Heater, Washer, Dryer -
Heating & Cooling
Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric Water front: 1
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Building Information
Year Built: 1972 Building Area Total: 816 Construction Materials: Frame, Vinyl Siding Frontage Length: 10 Pool Features: Community Private Pool: No Water front Features: Canal Front, Canal Access
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Description: WaterfrontProperty Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 6137 Property SubType: Condominium Direction Faces: South Levels: Two Property Age: 54
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Listing Price Information
Listing Price: $395000
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Tax Information
Parcel Number: 2410062942 Tax Lot: 50 Tax Year: 2025 Annual Tax: $4056
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Parking Information
Parking Total: 1 Assigned, Parking LotGarage Information
Pets Allowed: Dogs OK, Cats OK, YesHomeowners Association InformationIncluded Fees: Insurance, Maintenance Structure Association Amenities: Boat Dock Community Features: Pool
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Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 105 Edward Taylor Drive.., Ocean City, MD, 21842 | $1,000 | 2 | 2 | 864 | 864 SqFt |
| 105 Edward Taylor Drive.., Ocean City, MD, 21842 | $2,500 | 2 | 2 | 864 | 864 SqFt |
| 105 Edward Taylor Drive.., Ocean City, MD, 21842 | $3,000 | 2 | 2 | 864 | 864 SqFt |
| 9402 Coastal Highway #605, Ocean City, MD, 21842 | $649,900 | 2 | 2 | 1,096 | 1,096 SqFt |
| 12401 Wight Street #8, Ocean City, MD, 21842 | $425,000 | 2 | 1 | 640 | 640 SqFt |
| 9500 Coastal Highway #10F, Ocean City, MD, 21842 | $440,000 | 1 | 2 | 730 | 730 SqFt |
| 10900 Coastal Highway #.., Ocean City, MD, 21842 | $519,000 | 2 | 2 | 825 | 825 SqFt |
| 10900 Coastal Highway #.., Ocean City, MD, 21842 | $299,900 | -- | 1 | 453 | 453 SqFt |
| 10300 Coastal Highway #.., Ocean City, MD, 21842 | $574,900 | 2 | 2 | 1,211 | 1,211 SqFt |
| 11 91st Street #202, Ocean City, MD, 21842 | $295,000 | 1 | 1 | 608 | 608 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 08/11/2026 @ 22:52
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