8800 Coastal Hwy #705
Ocean City, Md
$539,000
- MLS Number:
- Mdwo2018414
- Subdivision Name:
- None Available
- Bedrooms:
- 2
- Full Baths:
- 2
Property Description
SELLLERS PAYING THE ENTIRE 2024 CONDO FEE/ASSESSMENT (18,540.00) FOR RENOVATION OF NORTH TOWER AND POOL DECK . CONDO FEES FOR 2025 are 2,650.00 QUARTERLY AND 2026 2,400 QUARTERLY. The spacious Oceanfront 2 BR/Den condominium with 2 full baths, freshly painted and fully furnished with all modern appliances; central air conditioning and heat, newer washer and dryer, dishwasher. This condo boasts a SPECTACULAR OCEANFRONT VIEW from its large Oceanfront balcony and an Ocean View from the Master Bedroom window. Additionally, Sea Terrace 705 has a rare view for Ocean City, with a southern facing wrapped balcony. This is one of the only buildings with Ocean and Bay views from one LARGE balcony - watch the sun rise and set from the same chair! This condominium has hurricane shutters, upgraded sliding glass doors, and upgraded bathrooms with new vanities and lighting. Just steps off the elevator with nice Bay views. Great built in rental history spanning over 6 years with the same owner; grossing $25,450 (2022) & $20,650 (2023). Located in convenient mid-town, Sea Terrace is just steps to a wider stretch of Ocean City beach and Atlantic Ocean and walking distance to restaurants, shopping, grocery store, nightlife, Art League, basketball courts, playground, and dog park. Building amenities include Oceanfront heated outdoor pool with large sundeck, 3 elevators, tennis, and on site security and management. Private parking with overflow lot and plenty of free street parking. Secure beach lockers available for $100/yr. Condo fees for 2024: $4,650/quarterly (includes assessment for renovation of north tower and pool deck). Condo fees for 2025: $2,650/quarterly. Fees for 2026: $2,400/quarterly.
Interior Features
Heating
Heat Pump - Electric Backup, forced Air
Cooling
Heat Pump(s), central A/c, ceiling Fan(s)
Fireplace
N
Appliances
Built-in Range, dishwasher, disposal, dryer - Electric, microwave, oven/range - Electric, range Hood, refrigerator, stove, washer/dryer Stacked, water Heater
Interior Features
Breakfast Area, cedar Closet(s), ceiling Fan(s), dining Area, entry Level Bedroom, family Room Off Kitchen, floor Plan - Open, kitchen - Island, window Treatments
Exterior Features
Total SQFT
1225
Construction Materials
Concrete, stucco
Exterior Features
Exterior Lighting, fire Escape, flood Lights, gutter System, lawn Sprinkler, outside Shower, secure Storage
Garage YN
N
Type of Parking
Off Street, parking Lot
Pool
Yes - Community
Additional Details
Year Built
1974
Lot Size Dimensions
0.00 X 0.00
SchoolDistrictName
Worcester County Public Schools