102 25th Street, Unit 101Ocean City, MD 21842Price: $662,000

  • Price: $662,000
  • Est. Mortgage of $/month
  • 23 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 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.
  • $662,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 1,440Square Feet
  • 24 DaysOnMarket Date
Don't miss out on this amazing opportunity to own a stunning 3 bedroom ocean block condo just 1 block from the world-famous Ocean City Boardwalk! Gaze at the ocean view from the large wrap-around balcony and also catch a glimpse of the bay. The open floor plan floods the space with natural light through multiple windows and sliders. The fully equipped kitchen boasts quartz counters, a convenient breakfast bar, and new stainless steel appliances. Enjoy the warmth and coziness of the gas fireplace, along with the modern amenities of ceiling fans, recessed lighting, crown molding, fire sprinkler system and new vinyl wood flooring in living room & dining area. New furnishings in 2024 include the couch, dining room table & chairs, sofa table, ottoman and entryway storage unit / 2023 the queen bed frame was replaced / 2022 include the king bed, bed frame and the twin bed in the bunk room. Also, all TV's have all been replaced within the past 3 years. The primary bedroom features an en-suite bathroom, a walk-in closet and sliders to the balcony. This condo is not only perfect as a second home but also has great rental potential. The consistent rentals have netted the seller $37K in 2022, $35K in 2023 and for 2024 there is $32K net booked with more weeks open for rentals! The convenient location at 25th St allows for easy access to the Beach, Boardwalk, Jolly Rogers Amusement & Water Park, miniature golf, water sports, many restaurants, shopping and entertainment. Mahalo amenities include an outdoor pool, 2 assigned covered parking spaces, an elevator, a private storage shed and the gas for the fireplace is included in the condo fees. The reserve study has been completed and there are no special assessments, per management company. Time to start making your beach memories here!

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