5405 COASTAL HWY #307 Ocean City, MD 21842
UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 1,023 sqft
Price per Sqft $390
Subdivision None Available
MLS Listing ID MDWO2040634
Style Unit/Flat
Bedrooms 2
Full Baths 2
Condo Fees $2,032/qua
HOA Y/N N
Abv Grd Liv Area 1,023
Year Built 2003
Annual Tax Amount $4,506
Tax Year 2025
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
That's actually a pretty good question.
In this case (at Sunset Bay #307), it gets you a fully furnished, updated 2-bedroom, 2-bath condo in a bayfront Midtown community with an elevator, pool, fitness center, waterfront access, on-site parking, an oversized private balcony, and a location where leaving the car parked for your entire stay is actually realistic.
That's a lot of Ocean City for under $400K.
Located bayside at 54th Street, Sunset Bay sits in one of those Midtown locations that becomes more convenient the longer you own here. The beach is only a few minutes away, Route 90 makes getting on and off the island considerably easier, and you're surrounded by restaurants, entertainment, shopping, watersports, and plenty of reasons to leave the car exactly where you parked it.
Inside, #307 has already received the updates most buyers are looking for. Wood-style LVP flooring runs throughout, while the kitchen features granite countertops and a tiled backsplash. The interior was professionally designed to feel cohesive and comfortable without becoming overly "beachy" (you know exactly what we're talking about), and the condo is being sold fully furnished.
Then there's the balcony.
It's oversized, private, and most importantly, actually useful. There's enough room to sit outside, spread out, have dinner, read a book, or enjoy a drink after the beach without rearranging furniture every time someone needs to walk past. Sometimes square footage outside the condo is almost as important as the square footage inside.
Sunset Bay adds quite a bit to the equation. The bayfront community offers an outdoor pool and spa, fitness center, elevators, and a shared waterfront dock where owners and guests can launch kayaks or paddleboards, or spend some time crabbing. It's a nice reminder that even when you're not looking directly at the bay from your condo, you're still buying into a community that sits directly on it.
And 54th Street might be one of the better case-studies for 'why to buy in Midtown Ocean City'.
Walk to the beach. Walk to Fager's Island, Bad Monkey, Alley Oops, Seacrets, and plenty of other restaurants and entertainment nearby. The Convention Center and Jolly Roger aren't far away either, while the Route 90 Bridge gives you one of the most convenient entry and exit points in Ocean City.
#307 has previously been rented and has everything you'd expect from a property capable of returning to a vacation-rental program: two bedrooms, two full baths, a furnished and updated interior, usable outdoor space, a pool, elevator, on-site parking, beach access nearby, and a location surrounded by things vacationers already want to do.
So let's go back to the original question......What does $399,000 buy you in Ocean City?
In this case, it's a LOT MORE than you might expect.
An updated and fully furnished 2-bedroom condo. An established bayfront community. Pool. Fitness center. Waterfront access. Elevator. Oversized balcony. On-site parking. A walkable Midtown location. The beach nearby. And legitimate rental potential if that's part of your plan.
It's the combination that makes this property so appealing.
Location
State MD
County Worcester
Area Bayside Interior (83)
Zoning C-1
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bathroom - Soaking Tub, Bathroom - Stall Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Kitchen - Gourmet, Pantry, Upgraded Countertops, Window Treatments
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Gas/Propane
Inclusions See Inventory Addendum
Equipment Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer
Furnishings Yes
Fireplace Y
Window Features Double Pane,Insulated,Screens
Appliance Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer
Heat Source Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Exterior Feature Balconies- Multiple
Parking On Site 2
Amenities Available Elevator, Exercise Room, Pier/Dock, Pool - Outdoor, Swimming Pool
Water Access N
Roof Type Built-Up,Flat
Accessibility None
Porch Balconies- Multiple
Garage N
Private Pool Yes
Building
Story 1
Unit Features Garden 1 - 4 Floors
Above Ground Finished SqFt 1023
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Management,Pier/Dock Maintenance,Pool(s),Trash
Senior Community No
Tax ID 2410415306
Ownership Condominium
SqFt Source 1023
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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