Ocean City, MD 21842,7 45TH ST #107
Ocean City, MD 21842,7 45TH ST #107
Ocean City, MD 21842,7 45TH ST #107
$180,000
Est. payment /mo
$189,900
5.2%
Est.Price: ?

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1 Bath
288 SqFt
SOLD DATE : 11/01/2024

Key Details

Sold Price $180,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 288 sqft

Price per Sqft $625

Subdivision None Available

MLS Listing ID MDWO2023018

Sold Date 11/01/24

Style Coastal,Unit/Flat

Full Baths 1

HOA Fees $191/ann

HOA Y/N Y

Abv Grd Liv Area 288

Originating Board BRIGHT

Year Built 1971

Annual Tax Amount $1,288

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Description

Discover the perfect beachside retreat in the heart of Midtown Ocean City, Maryland with this charming first-floor studio condo. Ideally situated just steps from the beach, you’ll enjoy direct access to the sand and surf without the hassle of a long walk. Location is what makes this property really shine; adjacent to the newly renovated Sea Loft Hotel and walking distance to Belly Busters, Seacrets, Aloft Bayfront Tiki Bar, Macky’s and more.

This cozy studio has been recently updated to offer everything you need for a delightful coastal getaway. The space features new herringbone luxury vinyl planks and a stylish walk-in shower with contemporary black fittings.

The well-equipped kitchenette boasts light wood cabinets, granite countertops, a stainless steel slim overhead microwave, a retro fridge, and essential small appliances, making meal preparation a breeze. The combined living and bedroom area includes a queen-sized bed, large closet, a small loveseat with storage, a through-the-wall AC and heat unit, a smart TV, and large sliding windows that fill the space with natural light.

Convenience is key with a designated parking spot right out front, and the condo is easily accessible via a short flight of stairs or a handicap ramp on the first floor. Additionally, you’ll benefit from a storage locker in the back unit for all your beach gear. Recent building assessments ensure the property’s security and necessary updates, and low HOA fees reflect the new condo reserve study requirements.

With a low cost of maintenance, upkeep, and utilities, this condo is an affordable investment for either a vacation home or a rental property. With 8 years of rental history and an average gross rental income of $25,000 per year, it offers an excellent opportunity to offset costs while enjoying the beachside lifestyle. Don’t miss out on owning this ideal coastal escape in Ocean City!

Location

State MD

County Worcester

Area Worcester East Of Rt-113

Zoning R-3

Direction North

Interior

Hot Water Electric

Heating Wall Unit

Cooling Wall Unit

Flooring Luxury Vinyl Plank

Furnishings Yes

Fireplace N

Heat Source Electric

Laundry None

Exterior

Garage Spaces 1.0

Parking On Site 1

Utilities Available Electric Available, Sewer Available, Water Available, Other

Amenities Available Common Grounds, Extra Storage, Reserved/Assigned Parking

Waterfront N

Water Access Y

Water Access Desc Public Beach,Public Access,Swimming Allowed

Accessibility Doors - Swing In, Ramp - Main Level

Total Parking Spaces 1

Garage N

Building

Story 1

Unit Features Garden 1 - 4 Floors

Sewer Public Sewer

Water Public

Architectural Style Coastal, Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Reserve Funds,Trash

Senior Community No

Tax ID 2410067618

Ownership Condominium

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description Case by Case Basis

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Bright MLS (BMLS)
Listed by Elaine Evans • Fathom Realty MD, LLC
Bought with Michael Dodson • Sheppard Realty Inc

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655

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