510 Penguin Drive #302, Ocean City, MD 21842-5455 $358,500

Beds/Baths: 2/2
Interior Sq. Ft: 1,080
Acreage:
Age:51 years
Style:
Coastal
MLS#: MDWO2021284
Subdivision: Sandy Lane Estates
Design/Type:
Unit/Flat/Apartment

Description

MAJOR PRICE ADJUSTMENT!!! AND NEW BALCONY SLIDING DOORS!!! NEW BALCONIES 2025 Welcome to Sandy Lane Estates. A mid-town, well established condo complex. Great location, an easy walk to the Ocean, Jolly Rogers, Multiple Restaurants, and Entertainment. Charming Condo offers an open floor plan allowing for a large Kitchen with Breakfast Bar. A cozy dining area and a generous Livingroom. Tile and Vinyl flooring throughout. Two large bedrooms. The guest bedroom shares the hallway bath. A Spacious Owner's suite features direct access to an oversized Westerly facing Balcony. Enjoy year round memorable Sunsets. Loads of natural light fill the condo from two huge sliding doors. After a romp at the beach, Cool off in the oversized pool. There is a kiddie pool too! Huge off street Private, Paved, Parking lot. Condo comes furnished with televisions. Condo reserve study has been completed. Buyer must honor 2024 rental reservations.

Taxes: $2,746
Home Assoc: No
Condo Assoc: $395/Monthly
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools
Elem. School: Ocean City Mid. School: Stephen Decatur High School: Stephen Decatur

Features

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, 100 Amp Service, Dryer In Unit, Washer In Unit, Cable TV Available

Garage/Parking
Off Street, Parking Lot, Paved Parking

Interior
Combination Dining/Living, Floor Plan - Open, Pantry, Window Treatments, Ceramic Tile Flooring, Dry Wall, Six Panel Doors, Sliding Glass Doors, Storm Doors

Exterior
Combination Exterior, Vinyl Siding

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 1.74 mi

Private (1 schools)

School Grades Place Distance
Seaside Christian Academy Christian (no specific denomination) Preschool–12 Ocean City 2.05 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 11/09/2024.

510 Penguin Drive #302, Ocean City, MD 21842-5455

Share on Facebook
Share on X
Pin It
Copy Link
Email It

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.