Property

Ocean City, MD 21842 7 45Th Street # 104

Pending
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Presented By: Fathom Realty MD, LLC
  • MLS# MDWO2026182
  • 10/11/2024
  • Request Tour
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  • Baths • 1
  • SQFT • 288

Home Details

Discover the perfect beachside retreat in the heart of Midtown Ocean City, Maryland with this charming first-floor studio condo. Ideally situated just steps from the beach, youll enjoy direct access to the sand and surf without the hassle of a long walk. Location is what makes this property really shine; adjacent to the newly renovated Sea Loft Hotel and walking distance to Belly Busters, Seacrets, Aloft Bayfront Tiki Bar, Mackys and more. This cozy studio has been recently updated to offer everything you need for a delightful coastal getaway. The space features new herringbone luxury vinyl planks and a stylish walk-in shower with contemporary black fittings. The well-equipped kitchenette boasts light wood cabinets, granite countertops, a stainless steel slim overhead microwave, a retro fridge, and essential small appliances, making meal preparation a breeze. The combined living and bedroom area includes a queen-sized bed, large closet, a small loveseat with storage, a through-the-wall AC and heat unit, a smart TV, and large sliding windows that fill the space with natural light. Convenience is key with a designated parking spot right out front, and the condo is easily accessible via a short flight of stairs or a handicap ramp on the first floor. Additionally, youll benefit from a storage locker in the back unit for all your beach gear. Recent building assessments ensure the propertys security and necessary updates, and low HOA fees reflect the new condo reserve study requirements. With a low cost of maintenance, upkeep, and utilities, this condo is an affordable investment for either a vacation home or a rental property. With 8 years of rental history and an average gross rental income of $25,000 per year, it offers an excellent opportunity to offset costs while enjoying the beachside lifestyle. Dont miss out on owning this ideal coastal escape in Ocean City!
Presented By: Fathom Realty MD, LLC

Interior Features for 7 45Th Street # 104

Bedrooms

Main Level Bedrooms0
Total Bedrooms

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area288
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNone

Other Rooms

Entry Level1

General for 7 45Th Street # 104

Acceptable FinancingCash, Conventional
AccessibilityRamp - Main Level
Architectural StyleUnit/Flat
Assoc Fee Paid PerAnnually
Association AmenitiesCommon Grounds, Extra Storage, Reserved/Assigned Parking
Association Fee IncludesExt Bldg Maint, Insurance, Management, Reserve Funds, Snow Removal, Trash
Association NameOCEAN WAYE 45
Association Recreation FeeN
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
Body of WaterAtlantic Ocean
Building NameOcean Wave 45
CityOCEAN CITY
Condo/Coop Association Y/NYes
Construction MaterialsCombination
Cool FuelElectric
CoolingWall Unit
CountyWORCESTER
DirectionsComing south off Route 90, turn left onto 45th St. Ocean Waye 45 is a couple building down to the right.
ExclusionsWall art
FULLCondominium
Floors In Unit Count1
Full Baths1
Garage Y/NNo
HOAYes
HOA Fee$2300.00
HOA Fee 20.00
HOA Fee 2 FrequencyUnknown
HeatingWall Unit
Home Warranty Y/NNo
Legal SubdivisionOCEAN WAYE 45 CONDO
Levels1
MLS AreaOcean Block (82)
ModificationTimestamp2024-12-18T22:03:02
MunicipalityOcean City
New ConstructionNo
Other StructuresAbove Grade, Below Grade
Possession0-30 Days CD, Settlement, 31-60 Days CD
Price Per Sq Ft Total AG625.0
Property TypeResidential
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Structure TypeUnit/Flat/Apartment
Subdivision NameNONE AVAILABLE
Tax Annual Amount1288.0
Tax Assessed Value92000.0
Tax Lot104
Tax Year2024
Total Actual Rent25000.00
Total SQFT288
Unit Number104
UtilitiesElectric Available, Water Available, Cable TV Available
Vacation Rental Y/NYes
Water Access Y/NNo
Waterfront Y/NNo
Year Built1989
Year Built SourceAssessor
ZoningR-3

Exterior for 7 45Th Street # 104

InclusionsFurnished as shown
Land Assessed Value0.00
Land Use CodeU
Lot Dimensions0.00 x 0.00
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOff Street
Water Body TypeOcean
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Stephen Decatur High School
Elementary School N/A
Middle School N/A

Tina Torres

Broker/Owner
Price $180,000
MLS#MDWO2026182
List Date 10/11/2024
Property Type Pending
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