207 Bayview Ln #404

Ocean City, MD 21842 View Map $560,000 Ask a Question
Beds3
Baths2
Sq.Ft.1,406
Year1984
207 Bayview Ln #404 - Ocean City, MD - MDWO2010220 - $560,000 Photo 1
207 Bayview Ln #404 - Ocean City, MD - MDWO2010220 - $560,000 Map
Nicholas Bobenko

Nicholas Bobenko

(443) 614-9179

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Status: Sold
Property Type:Condo
MLS #:MDWO2010220
Sq. Feet:1,406
Date Sold:4/7/2023
County:Worcester
Rarely offered penthouse condo with two floors. Totally remodeled with gorgeous kitchen and baths. Best bayfront and sunset views in Ocean City from huge main level balcony or from master bedroom balcony on the second floor. This downtown location is only 3 blocks to the ocean and boardwalk yet sits direct bayfront with fishing and crabbing right outside your door. Walk to DeLazy Lizzard, Spain Bar, M.R. Ducks, Angler, Marina Deck and the Inlet. This spacious 3 bedroom unit is great for your family use or for producing income from weekly rentals. 2022 gross rental income approx $51, 500. Lovely pool overlooking the bay for those days you don't go to the beach. Temporarily elevated condo fee is for a short time and than back to regular condo fee of approximately $1256.00 per quarter. Seller will pay $10, 000 at closing to shorten the period of elevated fee. Call listing agent for details.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/20/2022$599,000$579,000-3.3%
4/7/2023$579,000$560,000-3.3%

Community Information

Address:207 Bayview Ln #404, Ocean City, MD 21842
Area:Bayside Waterfront (84)
County:Worcester
Zip Code:21842
Neighborhood:Bayside Waterfront (84)
Building Name:Crab Cove On The Bay

Architecture

Unit Number:#404
Bedrooms: 3
Bathrooms: 2
Year Built:1984
Stories:2
Style:Loft with Bedrooms, Traditional
Construction: Concrete, Combination
Unit Building Type: Mid-Rise 5 - 8 Floors

Features / Amenities

Unit Floor: 1
Amenities: Elevator, Extra Storage, Pool - Outdoor, Swimming Pool
Type of Parking: Parking Lot
Air Conditioning: Central A/C
Primary Heat Type: Forced Air, Heat Pump - Electric BackUp

Property Features

Water Body Type: Bay
View: Bay
Waterfront: Yes
Septic: Public Sewer
Water: Public
Municipality: Ocean City

Tax and Financial Info

Property Taxes: $4,657 (paid Annually)
HOA: No
Condo Association: Yes
Condo Fee: $4,788.78 (paid Quarterly)
Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds

WALKING AND TRANSPORTATION

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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Joyce Melbourne Husman, Berkshire Hathaway HomeServices PenFed Realty - OP.
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