For more information on this property, contact Debora Hileman at 410-208-9200 or debbiehileman@aol.com

8307 Atlantic Avenue 101
Ocean City, Maryland MD 21842-2705
Sold For: $1,250,000
Listing ID MDWO2007040
Status CLOSED
Sold Date 11/16/2022
Bedrooms 3
Full Baths 3
Total Baths 3
Price/SqFt $766.69
SqFt 1,813
Subdivision NONE AVAILABLE
Year Built 1999

Property Description:

Rare opportunity to own a large, direct Oceanfront condo in the highly sought-after Boutique Style Building known as Plantation House! This impeccable 3 bedroom 3 bath oceanfront condo recently underwent $25,000 in renovations: fresh paint, new plank flooring throughout, shiplap, and much much more! Come see for yourself all that this unit has to offer! Absolutely gorgeous open kitchen overlooking the living room with great natural sunlight! Enjoy your very large wrap-around balcony with Panoramic Ocean Views that will simply take your breath away. Oceanfront Master & 2 additional bedrooms, all of which have their own private bath. Plantation House has a secured elevator and private parking, the condo building roof was replaced a few years ago. An estimated $55,000 in rentals in 2021 & 7 weeks already booked with VACASA for this upcoming Season with about $22k in rental income so far!! Please be advised that the exterior of the building is being redone.

Primary Features

County: Worcester
Price/SqFt: 766.69
Property Sub Type: Unit/Flat/Apartment
Property Type: Residential
Subdivision: NONE AVAILABLE
Year Built: 1999
Zoning: R-3

Interior

Above Grade Finished Area Units: Square Feet
Above Grade Finished SqFt Source: Assessor
Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Washer, Refrigerator, Oven/Range - Electric, Stove, Disposal
Basement: no
Bathrooms Count Main Level: 3
Bathrooms Full Main Level: 3
Bedrooms Count Main Level: 3
Below Grade Finished Area Units: Square Feet
Below Grade Finished SqFt Source: Assessor
Below Grade Unfinished Area Units: Square Feet
Below Grade Unfinished SqFt Source: Assessor
Central Air: yes
Cooling Type: Ceiling Fan(s), Central A/C
Fireplace: yes
Fireplace Features: Electric
Fireplaces Count: 1
Flooring Type: Luxury Vinyl Plank
Heating: yes
Heating Type: Heat Pump(s)
Interior Features: Ceiling Fan(s), Combination Kitchen/Living, Elevator, Floor Plan - Open, Primary Bedroom - Ocean Front
Laundry Type: Dryer In Unit, Washer In Unit
Levels Count: 1
Living Area SqFt Source: Assessor
Total Below Grade SqFt Source: Assessor
Total SqFt: 1813
Total SqFt Source: Assessor
Unit Building Type: Garden 1 - 4 Floors

External

Architectural Style: Coastal
Construction Materials: Combination
Cooling Fuel: Electric
Exterior Features: Exterior Lighting, Secure Storage, Sidewalks, Street Lights
Garage: no
Heating Fuel: Electric
Hot Water: Electric
Lot Dimensions Source: Assessor
Lot Size Dimensions: 0.00 x 0.00
Navigable Water: yes
New Construction: no
Other Structures: Above Grade, Below Grade
Outdoor Living Structures: Balconies- Multiple, Wrap Around
Parking Features: Private
Pool: No Pool
Sewer Septic: Public Sewer
Type of Parking: Off Street
Utilities: Cable TV Available, Electric Available, Sewer Available, Water Available
Water Access: yes
Water Access Features: Public Beach
Water Body Type: Ocean
Water Oriented: yes
Water Source: Public
Water View: yes

Location

Building Name: Plantation House
Condo/Co-op Association: yes
Country: US
HOA: no
In City Limits: yes
MLS Area: Direct Oceanfront (80)
Municipality: Ocean City
School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Senior Community: no
View Type: Ocean
Waterfront: yes
Waterfront Features: Sandy Beach

Additional

Accessibility Features: Elevator, Other
Days on Market: 200
HOA/Condo/Co-op Amenities: Elevator
Land Use Code: U
Property Condition: Excellent
Story List: Main
Year Assessed: 2022
Year Built Source: Assessor

Financial

Acceptable Financing: Cash, Conventional
Annual Rental Income: 57000
Automatically Update Tax Values: yes
Buyer Financing: Cash
Condo/Co-op Fee: 2000
Condo/Co-op Fee Frequency: Quarterly
Exclusions: Personal items, art work, stored away furniture. Habersham Topiary Armoire select other pieces of furniture.
HOA/Condo/Co-op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Reserve Funds
Ownership Interest: Condominium
Possession: Settlement
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 10733
Tax Assessed Value: 761400
Tax Data Updated: no
Tax Lot: 101
Tax Total Finished SqFt: 1813
Tax Year: 2022
Vacation Rental: yes

Zoning Info


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Contact - Listing ID MDWO2007040

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Debora Hileman

11065 Cathell Road
Berlin, MD 21811
Phone: 410-208-9200
Phone Alt: 443-235-5982

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