Ocean City, MD 40k Grossing Condo

Location/Amenities/Rentals! This beautiful, recently renovated one-bedroom Ocean View Condo is located in the finest hotel on the beach. Featuring updated kitchen, living room with pull out sofa, spacious King Tempur-Pedic bedroom, and atrium/ocean view balcony, this professionally managed condo (top ranked on Trip Advisor for Ocean City) sleeps 4 and has grossed $40,000 in 2021. Savor coffee with sunrise over the ocean and a cocktail enjoying the activities in the atrium. Enjoy the very best amenities at the beach including huge four season atrium with Olympic sized pool, hot tub, oceanfront dining and bars with live entertainment, room service, Creative Day Spa, 24 hour front desk, bell and concierge service, gift shop, Starbucks coffee shop, game room, fitness room, beach chair and umbrella service, supervised children’s activities, and parking garage – no other condo in town comes close! Easy walk to 10 restaurants in addition to on-site award winning Schooners restaurant, shopping, Art League classes, tennis and playground. The Princess Royale is also the largest convention hotel in Ocean City with strong rentals in the off season to compliment the busy summer. Must be available for rent year-round. Just completed $2.5M renovation.

Listed by:

Michael Foelber 410-208-0469

Rutherford Realty

Source: Bright MLS,MLS#: MDWO2007136

See more details for 9100 Coastal Hwy #517, Ocean City, MD 21842 on Zillow

Facts and features

• Apartment
• 1 bedroom
• 1 bathroom
• Built in 1991
• Heat pump, electric
• Heat pump, electric
• 1 Garage space
• $355 monthly HOA fee
• $571 price/sqft

Interior details

Bedrooms and bathrooms

• Bedrooms: 1
• Bathrooms: 1
• Full bathrooms: 1
• Main level bathrooms: 1
• Main level bedrooms: 1

Basement

• Area: 0

Heating

• Heating features: Heat Pump, Electric

Cooling

• Cooling features: Heat Pump, Electric

Appliances

• Appliances included: Gas Water Heater

Other interior features

• Total interior livable area: 524 sqft
• Finished area above ground: 524
• Finished area below ground: 0

Property details

Parking

• Total spaces: 1
• Parking features: Covered, Parking Garage
• Garage spaces: 1
• Covered spaces: 1

Accessibility

• Accessibility features: Accessible Doors, Accessible Elevator Installed

Property

• Levels: Five
• Stories: 5
• Pool features: Community
• Waterfront features: Ocean

Lot

• Lot size dimensions: 0 x 0

Other property information

• Additional structures included: Above Grade, Below Grade
• Parcel number: 2410335280
• Attached to another structure: Yes
• Zoning: R-3
• Special conditions: Standard
• Inclusions: All Existing Furnishings Convey

Construction details

Type and style

• Home type: Apartment
• Architectural style: Coastal
• Property subType: Apartment

Material information

• Construction materials: Concrete, Dryvit

Condition

• New construction: No
• Year built: 1991

Utilities / Green Energy Details

Utility

• Sewer information: Public Sewer
• Water information: Public

Community and Neighborhood Details

Location

• Region: Ocean City
• Subdivision: None Available
• Municipality: Ocean City

HOA and financial details

HOA

• Has HOA: Yes
• Amenities included: Bar/Lounge, Beach, Beauty Salon, Cable TV, Common Grounds, Convenience Store, Dining Rooms, Elevator(s), Exercise Room, Fax/Copying, Fitness Center, Game Room, Gift Shop, Hot tub, Laundry Facilities, Meeting Room, Picnic Area, Indoor Pool, Sauna, Security, Spa/Hot Tub
• Services included: Alarm System, Cable TV, Common Area Maintenance, Maintenance Structure, Health Club, High Speed Internet, Parking Fee, Reserve Funds, Standard Phone Service
• Second HOA fee: $355 monthly

Other financial information

• Annual tax amount: $2,414
• Buyer agency compensation: % Of Gross0
• Total actual rent: 40000

Other

Other facts

• Listing Agreement: Exclusive Right To Sell
• Ownership: Fee Simple