8800 Coastal Highway, Unit 1204Ocean City, MD 21842Price: $565,000

  • Price: $565,000
  • Est. Mortgage of $/month
  • 41 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $565,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 1,225Square Feet
  • 42 DaysOnMarket Date
This beautiful oceanfront unit has all the amenities with a stunning view of both the ocean and bay from the large balcony. New furnishings and kitchenware are included to make this a truly walk-in-ready unit. With two bedrooms, a pull-out couch in the living room, and a separate area with a daybed, this unit has the capacity to sleep up to 11 people comfortably. The kitchen is spacious with an open living concept that boasts room for 12 place settings between the large island and new expanding dining table. Imagine having a large family gathering for a fun-filled week at the beach all in one unit. Enjoy time walking onto the beach or sitting at the large pool/sun deck all within minutes of leaving the unit. The unit has new furniture and carpeting. Features a remodeled main bathroom with plank flooring, and master bath with new toilet, mirror, fixtures, and lighting. Whether you are looking for a family beach house, a second home or an investment property, this is the perfect unit for you. This unit has had an excellent rental record over the past two years with approximately $26K-$28K each summer. The building has a secure lobby entrance with an on-site building manager. The regular HOA fees are $1,505 per QTR. At this time there is a special capital assessment with a remaining balance of $15,645 to be paid over the next 5 quarters in addition to the normal HOA fees. This is to replace the pool, pool deck and outside staircases in the fall of 2024.

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