MLS: #MDWO2041850, Listed By: Mary Rice, Engel & Volkers Ocean City, Source:Bright MLS
507 Penguin Drive #53
OCEAN CITY, MD 21842
2
Bed
2
Bath
816Sqft
Professional photos coming soon! LOWEST-PRICED 2-BEDROOM WITH A DEEDED BOAT SLIP! Get ready for fun in this waterfront 2-bedroom, 1.5-bath townhome in desirable midtown Ocean City, Maryland. Fully furnished and ready to enjoy, this is the perfect beach-and-boating getaway for making memories. Boaters will love having a deeded boat slip directly off your waterfront deck. Step through the kitchen’s sliding doors onto your southern-exposure composite deck, hop on the boat, and you can be out to the bay in minutes. After a day on the water, relax on the deck with dinner or cocktails and enjoy the beautiful evening sunsets. Located in the Bay Cove community, the townhome is just steps from the community pool, making it easy to cool off, meet the neighbors, and enjoy everything that makes Ocean
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
Rooms Total: 6 -
Interior Features
Ceiling Fan(s) Appliances: Electric Range, Electric Oven, Electric Water Heater, Washer, Dishwasher, Refrigerator, Washer/Dryer Stacked, Water Heater, Dryer -
Heating & Cooling
Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Heat Pump, Ceiling Fan(s), Electric Water front: 1
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Building Information
Year Built: 1972 Building Area Total: 816 Frontage Length: 250 Pool Features: Community Private Pool: No Water front Features: Canal Front, Canal Access View: Water, Canal -
Exterior Features
Exterior Features: Lighting
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Lot Information
Lot Description: WaterfrontProperty Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 6137 Property SubType: Condominium Direction Faces: North Levels: Two Property Age: 54
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Listing Price Information
Listing Price: $345000
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Tax Information
Parcel Number: 2410062551 Tax Lot: 53 Tax Year: 2026 Annual Tax: $4748
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Parking Information
Parking Total: 53 Assigned, Parking LotGarage Information
Pets Allowed: YesHomeowners Association InformationIncluded Fees: Water, Trash, Snow Removal Association Amenities: Boat Dock, Boat Slip Community Features: Pool
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School Information
Elementary School: OCEAN CITYJunior High School:Senior High School: STEPHEN DECATUR -
Utility Information
Cable Available, Electricity Available -
Location Information
Direction: GOS to address 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 | $2,500 | 2 | 2 | 864 | -- |
| 105 Edward Taylor Drive.., Ocean City, MD, 21842 | $3,000 | 2 | 2 | 864 | -- |
| 105 Edward Taylor Drive.., Ocean City, MD, 21842 | $1,000 | 2 | 2 | 864 | -- |
| 12401 Wight Street #8, Ocean City, MD, 21842 | $425,000 | 2 | 1 | 640 | -- |
| 9500 Coastal Highway #10F, Ocean City, MD, 21842 | $440,000 | 1 | 2 | 730 | -- |
| 10900 Coastal Highway #.., Ocean City, MD, 21842 | $519,000 | 2 | 2 | 825 | -- |
| 10900 Coastal Highway #.., Ocean City, MD, 21842 | $529,500 | 2 | 2 | 825 | -- |
| 10300 Coastal Highway #.., Ocean City, MD, 21842 | $574,900 | 2 | 2 | 1,211 | -- |
| 11400 Coastal Highway #.., Ocean City, MD, 21842 | $799,900 | 2 | 2 | 1,284 | -- |
| 11200 Coastal Highway #.., Ocean City, MD, 21842 | $799,000 | 2 | 2 | 1,456 | -- |
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Nearby For Sale
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ByOwner last updated this listing 10/07/2026 @ 13:38
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