• 3 35th Street #304 OCEAN CITY, MD 21842

  • $529,999
  • 2
    Bed(s)
  • 2.0
    Baths
  • 992
    Sq Ft

THIS IS THE ONE YOU'VE BEEN WAITING FOR! The expansive & unobstructed ocean view speaks for itself & says it all! Gaze out at the ocean right from your bed or living room sofa, while hearing nothing but the sound of waves crashing on the shore. It's the stuff that dreams are made of! And now you have a golden opportunity to make your dreams a reality in one of Ocean City's MOST sought-after & highly-coveted oceanfront buildings. This beautiful & meticulously maintained condo offers 2 generous bedrooms, 2 full bathrooms, open-concept living & dining area, a well-appointed kitchen, laundry closet, & 150 sqft of additional outdoor living space on the expansive, 25 foot balcony. The spacious primary bedroom features a wall-length glass slider that provides private access to the balcony & maximizes the amazing Atlantic Ocean views. The primary bathroom features a gorgeous 60" double sink vanity with a solid Cararra marble countertop, soft-close doors/drawers, & polished chrome fixtures, waterproof luxury plank flooring, & dual-flush toilet (all 2024). The guest bathroom features a new vanity with a Carrara marble engineered stone countertop & dual-flush toilet (2024). The newly updated & expanded kitchen features white cabinetry, soft-close doors/drawers, 2 full-size lazy susan corner base cabinets to maximize space & storage, premium granite countertop, beveled Calcutta marble subway tile backsplash, under cabinet lighting, & over 8 feet of raised-counter dining space with seating for 4. All stainless steel appliances include french door refrigerator w/bottom freezer, 5-burner radiant cooktop & range, microwave w/exhaust fan, & dishwasher w/steel tub. Luxurious Phillip Jefferies grasscloth wallpaper & white wainscoting adorn the walls in the living/dining room, foyer, & hallway. Also features a new Carrier HVAC system (3 yrs new & under warranty), 50-gallon Rheem water heater in 2019 (under warranty), hurricane-rated front door in 2019, & electrical outlets/switches upgraded & replaced in 2021. Summer Beach offers an oceanfront pool, 2 elevators, mostly-covered garage parking (2 spaces/owner), cable TV service included, convenient trash chutes on each floor, outside showers, bicycle storage room, designated dog walk/potty area, building generator, secured lobby, & a nighttime attendant until 2:00 a.m.during the summer months. Summer Beach has a well-managed association that is proactive in maintaining the property. Recent projects include a new roof (2021), parking garage reinforced & resurfaced (2018), balconies sealed & waterproof-coated (2019), electric meters replaced (2020), dry sprinkler system replaced (2020), pool/pool deck resurfaced (2020), & so much more. While this condo has never been rented before, if you're looking to invest in a rental property, just think of all the benefits to be realized from having an ONSITE RENTAL OFFICE right in the lobby! Staffed year-round, 7 days a week, Seaside Vacations can handle every aspect of the rental process, while closely monitoring & safeguarding the property on your behalf. Best of all, the price is fully supported from a comp perspective! In particular, the most recent sale in the building, unit 607, was sold 4/2/24 in an OFF-MARKET, agentless transaction for $500k, equivalent to $530k for an on-market, agent-assisted transaction ($30k in fees were avoided, thereby yielding the same net proceeds). Note regarding condo fee: the actual condo fee is $700/month. Due to recent changes in legislation resulting from the building collapse in FL, an additional $325/month is temporarily being collected from owners to comply with the requirement to fully-fund reserves by October 2026. The association voted to collect more than the minimum needed to meet the deadline, to satisfy the requirement sooner.

Property Type :

Residential

Subdivision :

None Available

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Master Bedroom Level: 2

Bathroom Information

Total Baths: 2

Full Baths: 2

Laundry Source

Laundry Type : Dryer In Unit,Washer In Unit

Water/Sewer

Water Source : Public

Interior Features

Crown Moldings,Dining Area,Primary Bath(s),Tub Shower,Upgraded Countertops,Wainscotting,Window Treatments

Exterior Property Features : Outside Shower

Property Amenities: Elevator,Swimming Pool

Property Appliances: Dishwasher,Disposal,Dryer,Dryer - Electric,Dual Flush Toilets,Freezer,Icemaker,Microwave,Oven - Self Cleaning,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer/Dryer Stacked,Washer,Water Heater

Heating & Cooling

Cooling: Central A/C,Energy Star Cooling System,Programmable Thermostat

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Exterior Features: Outside Shower

Year Built: 1986

Structure: Unit/Flat/Apartment

Major Appliances: Dishwasher,Disposal,Dryer,Dryer - Electric,Dual Flush Toilets,Freezer,Icemaker,Microwave,Oven - Self Cleaning,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer/Dryer Stacked,Washer,Water Heater

New Construction: No

Built: 1986

Construction Material: Masonry

Security System: Desk in Lobby,Main Entrance Lock,Smoke Detector,Sprinkler System - Indoor

Amenities: Elevator,Swimming Pool

Architecture: Coastal

Pool/Private: Yes - Community

Exterior Features

Water Access Features: Public Access

Building Name: Summer Beach

Pool Information

Pool: Yes - Community

Amenities

Elevator,Swimming Pool

Utility Features

Water: Atlantic

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Dimensions: 0.00 x 0.00

Architectural Style: Coastal

Property Information

SQ ft: 992

SQ ft (Living Area): 992

View: Ocean

Subdivision: NONE AVAILABLE

Appx. Lot Dimensions: 0.00 x 0.00

New Construction: No

Type: Coastal

Listing Information

Possession: Settlement

Common/Club Amenities: Elevator,Swimming Pool

Days Of Market: 15

Tax Information

Annual Tax: $3,496

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Terms/Deposits/Fees

Condo Fees: $1,025

Assoc Fee Freq: $Monthly

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $248,000

Parking Information

Total Parking Spaces: 2

Parking Type: Attached Garage

Has Garage: Y

Garage Type: Basement Garage,Covered Parking

Garage Space: 2

# of Attached Garage Spaces: 2

Multi-Unit Information

Unit: 304

Homeowners Association Information

Association Fee 2: $1,025

HOA Fee Frequency: Monthly

Other Fee Frequency: Monthly

Direction: Coastal Highway North to 35th St to Ocean Front.

School Information

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Location Type: Oceanblock

Direction: Coastal Highway North to 35th St to Ocean Front.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
10539 Sussex Road , Ocean City, MD,21842 $1,995,000 4 3.5 -- 28401 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/29/2024 @ 15:17

MLS: MDWO2020246
LISTED BY: Alexandra I Burrell-Hodges , Cottage Street Realty LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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