406 15Th Street #1, Ocean City, MD 21842-5570 $499,900

Beds/Baths: 2/2
Interior Sq. Ft: 858
Acreage:
Age:53 years
Style:
Unit/Flat
MLS#: MDWO2021930
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

Price newly adjusted!! If you've never seen the waterview down Butterfish Cove, you're going to want to come see this adorable condo on 15th St. bayside! With the beach and boardwalk just two blocks away, and a boat slip, this first-floor, 2 bedroom/2 bath unit was fully (and tastefully) renovated in '21 and has so much to offer. Blue Lagoon is a smaller 10-unit complex located waterfront on Butterfish Cove and offers waterfront deck for outdoor enjoyment and sunsets. Inside the flooring is easy maintenance LVP throughout, the kitchen is bright and cheery with quartz counters, shiplap accents on the walls, and a convenient dry-bar area off kitchen. A laundry closet contains a full-size washer/dryer, and the unit offers energy-efficient mini-splits in every room! Being sold fully furnished, the condo has been a rental on Airbnb, self managed by the seller and used some personally, so opportunity to improve rental GRI ('23 GRI $18K, anticipated '24 GRI $20K). One assigned parking spot in lot, but additional guest spot available first-come, first-serve. Located right next to the famous White Marlin Open, you'll enjoy bike rides on the boards, and walks to local favorite hotspots like the Reel Inn! The association recently completed their reserve study, and the stairwells were just replaced.

Taxes: $3,001
Home Assoc: No
Condo Assoc: $1,000/Quarterly
Garage: N
Basement: N
Pool: No Pool
School Dist: Worcester County Public Schools

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Butterfish Cove; Water Body Type: Canal; Types of Use: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Private Access; # of Docks: 1; Dock Type: Single Slip, Pier (Perpendicular); # of Slips: 1; Navigable: Yes; Physical Dock/Slip Conveys: Yes; Dock/Slip Conveyance: Association Owned, Exclusive Use;

Utilities
Electric, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit

Garage/Parking
Parking Lot, Paved Parking

Interior
Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Floor Plan - Open, Recessed Lighting

Exterior
Flat Roof, Stick Built Exterior, Vinyl Siding, Deck(s)

Lot
Canal, Canal View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (1 schools)

School District Grades Place Distance
Ocean City Elementary Worcester County Public Schools Preschool–4 Ocean City 1.35 mi

Private (1 schools)

School Grades Place Distance
Seaside Christian Academy Christian (no specific denomination) Preschool–12 Ocean City 1.49 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/29/2024.

406 15Th Street #1, Ocean City, MD 21842-5570

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.