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120 53rd Street Unit K30102

Ocean City, MD 21842

2 beds
2 baths
1,056 sqft
$284 per sqft
1982 build

ATT - investors - Great Rental investment with over 16-17 k rental income -for 3rd floor condos . 2 bedroom 2 bath condo WATERFRONT with OUSTANDING BAY VIEWS and DEEDED BOAT SLIP located in desirable mid town Ocean City. Bring your Boat and flip flops to enjoy the best of Ocean City. Bay spot condominium is located 53rd Street Bayside, easy access from Rt 90 in an out of town. Close to Beach, nightlife, shopping, watersports, Restaurants and short bus ride to the Iconic Boardwalk and all the attractions. Hop on your boat, Jet ski, Canoe or whatever you choose to berth in your private assigned boat slip and be on the open bay and to the Atlantic Ocean in minutes! travel by water to a plethora of Waterfront eateries and entertainment available in OC. Head to the Inlet or Atlantic Ocean for some of the best fishing in the White Marlin Capital of the World! Fantastic water views are to be had from inside your large 2 bedroom 2 full bath unit, partially furnished. Large kitchen with all appliances, New hot water heater and new Washer Dryer stack. Well run, self managed condo Association Unit Comes with deeded boat slip #49. You don't want to miss this one, come see today! Offered As Is ! Great rental investment GRI on Bay spot condos are 16,568.00 to 17,000 with built in repeat history . Condo fee increased for windows and staircase repair.

Listing courtesy of BRIGHT / Coldwell Banker Realty

Last checked: Checking… • Last updated May 14, 2024 •

MLS# MDWO2017922 —

The Building

Year Built:

1982
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stick Built
Structure Type:

Unit/Flat/Apartment
Architectural Style:

Coastal
Levels:

1
Building Name:

Bayspot
Unit Building Type:

Garden 1 - 4 Floors
Entry Floor Number:

3
Accessibility Features:

36, Doors - Swing In
Foundation Details:

Pilings
Basement:

No
Unit Number:

K30102
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1056
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

1056

Interior

Interior Features:

Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1056
Living Area SqFt:

1,056 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Settlement

Location

Directions:

Coastal Hwy to 53rd street bayside, Unit 301K on right.
Latitude:

38.37854548
Longitude:

-75.07095848

The Property

Property Type:

Residential
Property Condition:

Very Good
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Zoning:

TR
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

Yes
Waterfront Features:

Private Dock Site
Water Oriented:

Yes
Water Access:

Yes
Water Access Features:

Boat - Powered, Fishing Allowed, Canoe/Kayak, Personal Watercraft (PWC), Private Access, Waterski/Wakeboard
Water Body Type:

Canal
Navigable Water:

Yes
Water Frontage In Feet:

200
Tidal Water:

Yes
Land Use Code:

U

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410227348
Tax Year:

2023
Tax Lot:

K301
Tax Annual Amount:

$2,381
Tax Assessed Value:

$168,900
Year Assessed:

2023
County Tax:

1427.00
City/Town Tax:

764.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

2
Bedrooms Main Level:

2

Baths

Total Baths:

2
Full Baths:

2
Main Level Baths:

2.00
Main Level Full Baths:

2

The Listing

Virtual Tour
Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Central A/C, Heat Pump(s)
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Electric

Utilities

Utilities:

Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
Laundry Type:

Dryer In Unit, Main Floor, Washer In Unit
Washer/Dryer/Hook Up in Unit:

Yes

Schools

School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Senior Community:

No
Exterior Features:

Exterior Lighting
Pool:

No Pool
Docks:

1
Dock Type And Features:

Private
Dock/Slip Conveyance:

Yes
Dock/Slip Conveyance:

Assigned, Deeded, Exclusive Use
Slips:

1
HOA:

No
Condo/Coop Association:

Yes
HOA/Condo/Coop Amenities:

Boat Dock/Slip
Condo/Coop Fee:

$585
Condo/Coop Fee Frequency:

Monthly
HOA/Condo/Coop Fee:

Common Area Maintenance, Ext Bldg Maint, Insurance, Pier/Dock Maintenance, Reserve Funds, Taxes, Trash
Condo/Coop Name:

Bayspot

Parking

Total Garage and Parking Spaces:

2
Garage:

No
Type of Parking:

Off Site, Parking Lot
Parking Features:

Paved Parking
Parking Lot - # of Spaces:

2

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$299,999

Expense	Monthly cost
Mortgage	$1,606
Taxes	$198
Insurance	$82
HOA fees	$585
Utilities	$151 See report
Total	$2,622/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/13/24 May 13, 2024	Price Changed	BRIGHT	$299,999	-5.7%
4/10/24 Apr 10, 2024	Price Changed	BRIGHT	$318,000	-5.0%
1/31/24 Jan 31, 2024	Price Changed	BRIGHT	$334,900	-2.9%

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This condo located in Ocean City, MD 21842 is currently for sale for $299,999. 120 53rd Street Unit K30102 is a 1,056 square foot condo with 2 beds and 2 baths. This condo is in the attendance area of Ocean City Elementary School, Stephen Decatur High School, Stephen Decatur Middle School, and Berlin Intermediate School.

Listing Courtesy of: BRIGHT and Coldwell Banker Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

120 53rd Street Unit K30102 Ocean City, MD 21842

Amenities & Taxes

The Building

Interior

Room Dimensions

Financial & Terms

Location

The Property

Listing Agent

Taxes

Beds

Baths

The Listing

Heating & Cooling

Utilities

Appliances

Schools

The Community

Parking

Extra Units

Schools

Ocean City Elementary School

Stephen Decatur High School

Stephen Decatur Middle School

Berlin Intermediate School

Monthly cost estimate

$299,999

Climate Risk Flood, Wildfire, Extreme Heat, Hurricane Wind

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My Commute

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Air Pollution Index

Sale history

No additional history available

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120 53rd Street Unit K30102

Ocean City, MD 21842