Ocean City, MD 21842,505 PENGUIN DR #10
Ocean City, MD 21842,505 PENGUIN DR #10
Ocean City, MD 21842,505 PENGUIN DR #10
$602,000
Est. payment /mo
$569,900
5.6%
Est.Price: ?

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3 Beds
4 Baths
1,364 SqFt
SOLD DATE : 05/31/2022

Key Details

Sold Price $602,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 1,364 sqft

Price per Sqft $441

Subdivision Mallard Landing

MLS Listing ID MDWO2007054

Sold Date 05/31/22

Style Contemporary

Bedrooms 3

Full Baths 3

Half Baths 1

Condo Fees $3,000

HOA Y/N N

Abv Grd Liv Area 1,364

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $3,796

Tax Year 2020

Property Description

Beautiful Bayside Waterfront Townhome with boat slip in Ocean City with super low condo fees of $250 a month! This three-story townhome has been recently remodeled and is being sold furnished so all you need to do is bring your boat. Youll love the remodeled kitchen with upgraded cabinets, granite countertops and stainless steel appliances. The open floor plan is magnificent. The kitchen flows to the dining area which leads to a beautiful, spacious family room - the perfect place for entertaining! A large glass slider provides views of the canal and leads to a large deck where you can enjoy your morning coffee or a family meal while taking in the gorgeous OCMD sunsets. On the first level, youll also appreciate the convenience of a laundry closet and remodeled powder room. On the second floor are two spacious bedrooms with an upgraded hall bath. The large bedroom overlooking the canal has a private balcony and an en-suite bathroom. On the third floor you will love the spacious primary bedroom with its own private waterfront balcony which provides breathtaking sunrise and sunset views. The primary bathroom has been completely remodeled and features a beautiful glass tiled shower. This home has had extensive upgrades throughout, including new flooring, lighting, new HVAC (2016), new water heater (2019), bathroom remodeling (2020), new siding and shutters, new front door and storm door, new windows and screens, new bulkhead (2019), new 8,000lb boat lift (2018) and canal dredging (2019), new furnishings and window treatments (2015). There is also a storage shed on the side. If youre looking for rental income to help subsidize your vacation home, this property had gross earnings of over $40K in 2021 with the month of July averaging $446/night. Located off 33rd street, its convenient to everything OCMD has to offer - the boardwalk, restaurants, shopping, golfing and, of course, the beach! Offers due Tuesday, April 19th @ 12pm. Come take a look before it's SOLD!

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning R-2

Direction North

Interior

Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Primary Bedroom - Bay Front

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s), Wall Unit

Equipment Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater

Furnishings Yes

Fireplace N

Window Features Screens,Insulated

Appliance Built-In Microwave, Dishwasher, Disposal, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater

Heat Source Electric

Laundry Has Laundry, Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Deck(s), Balcony

Garage Spaces 1.0

Utilities Available Cable TV Available, Electric Available, Phone Available

Amenities Available Pier/Dock

Waterfront Y

Waterfront Description Private Dock Site

Water Access Y

Water Access Desc Fishing Allowed

View Canal, Bay

Roof Type Architectural Shingle

Street Surface Black Top

Accessibility None

Porch Deck(s), Balcony

Road Frontage City/County

Total Parking Spaces 1

Garage N

Building

Lot Description Bulkheaded

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 3

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Insurance,Other,Pier/Dock Maintenance,Reserve Funds,Common Area Maintenance

Senior Community No

Tax ID 10-211786

Ownership Condominium

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

Special Listing Condition Standard

Pets Description Cats OK, Dogs OK

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Bright MLS (BMLS)
Listed by Joel Feldman • Keller Williams Select Realtors
Bought with Samina Chowdhury • Keller Williams Lucido Agency

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Kelly Stipa

+1(267) 249-9000

REALTOR® | License ID: RS226297L

REALTOR® License ID: RS226297L

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