Thank you
Alexandra I Burrell-hodges
Cottage Street Realty LLC
703-242-0005
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.
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Total Bedrooms : 2
Master Bedroom Level: 2
Total Baths: 2
Full Baths: 2
Laundry Type : Dryer In Unit,Washer In Unit
Water Source : Public
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
Cooling: Central A/C,Energy Star Cooling System,Programmable Thermostat
Heating: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
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
Water Access Features: Public Access
Building Name: Summer Beach
Pool: Yes - Community
Elevator,Swimming Pool
Water: Atlantic
Sewer: Public Sewer
Water Heat: Electric
Dimensions: 0.00 x 0.00
Architectural Style: Coastal
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
Possession: Settlement
Common/Club Amenities: Elevator,Swimming Pool
Days Of Market: 15
Annual Tax: $3,496
Tax Year: 2023
Total Taxes Payment Frequency: Annually
Condo Fees: $1,025
Assoc Fee Freq: $Monthly
Settlement
Taxes Assessment Amount: $248,000
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
Unit: 304
Association Fee 2: $1,025
HOA Fee Frequency: Monthly
Other Fee Frequency: Monthly
Direction: Coastal Highway North to 35th St to Ocean Front.
School District: WORCESTER COUNTY PUBLIC SCHOOLS
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Location Type: Oceanblock
Direction: Coastal Highway North to 35th St to Ocean Front.
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 |
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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.