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USD $380,000
507 Penguin Dr #49, Ocean City, MD, 21842, US
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Listing Courtesy of  Engel & Volkers Ocean City
2 Bd
2 Ba
816 sq.ft
AM-5066680
MLS#: MDWO2028622

Waterfront Unit in Mid Town Ocean City

ADJUSTED PRICE - ready for your summer boat fun! LOWEST PRICED 2 BEDROOM with DEEDED BOAT DOCK AND LIFT on MARKET. This waterfront 2 bedroom 1 and 1/2 bath townhouse in mid-town Ocean City Maryland with a deed boat slip and lift, is perfect for summer fun with friends and family. Foam insulation in crawl space, central a/c and heat, well run association and mid town location. WHY WAIT! Fully Furnished and ready for boat The fully furnished beach house is ready for making memories.
Bay Cove has a community pool and is just across the street from your townhome, adds to the appeal of this beach house. The townhome has ample closet space, pull down stairs to attic (floored) for more storage, and an outside storage for beach equipment or boat works. Walk out the sliding door from your kitchen onto your southern exposure deck with steps to jump on your boat and be out to the bay in a minute. Make an appointment soon to tour this mid-town Ocean City property
Bay Cove has a community pool and is just across the street from your townhome, adds to the appeal of this beach house. The townhome has ample closet space, pull down stairs to attic (floored) for more storage, and an outside storage for beach equipment or boat works. Walk out the sliding door from your kitchen onto your southern exposure deck with steps to jump on your boat and be out to the bay in a minute. Make an appointment soon to tour this mid-town Ocean City property
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Listing Highlights

  • Subtype

    Condominium

  • Price Per Sq Ft

    $465.69

  • Year Built

    1972

  • Architectural Style

    Other

  • Living Area (Sq Ft)

    816 sq.ft

  • Stories

    2

  • Tax Annual Amount

    $3,295

  • Heating

    Heat Pump, Electric

  • Cooling

    Central Air, Ceiling Fan(s)

  • County

    WORCESTER

  • Subdivision

    NONE AVAILABLE

Property Details

  • Interior Features

      Bedrooms

    • Bedrooms: 2

      • Bathrooms

    • Total Bathrooms: 2
    • Full Bathrooms: 1
    • Half Bathrooms: 1

      • Appliances

    • Dishwasher
    • Disposal
    • Refrigerator
    • Microwave
    • Electric Oven
    • Electric Range
    • Washer
    • Electric Water Heater
    • Dryer

      • Heating & Cooling

    • Heating: Heat Pump, Electric
    • Cooling: Central Air, Ceiling Fan(s)
  • Utilities
    Water Source
    Public
    Sewer
    Public Sewer
  • Exterior Features
    Lot Features
    Waterfront
    Patio And Porch Features
    Deck
    Waterfront Features
    Canal Front
    WaterBody Name
    assawoman Bay
  • Construction
    Property Type
    Residential
    Year Built
    1972
    Property Subtype
    Condominium
    New Construction
    No
    Architectural Style
    Other
    Above Grade Finished Area
    816
    Building Area Total
    816
  • Parking
    Parking Total
    1
    Parking Features
    Off Street

Location

  • MD
  • Ocean City
  • 21842
  • WORCESTER
  • 507 Penguin Dr #49

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Home Price

Down Payment

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Year Fixed

Your Monthly Payment

$2,217.58

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Updated: May 16, 2025 9:40 PM