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510 Penguin Drive #202B, Ocean City, MD 21842-5455 $349,000

Beds/Baths: 2/2
Interior Sq. Ft: 1,080
Acreage:
Age:51 years
Style:
Unit/Flat
MLS#: MDWO2018604
Subdivision: Sandy Lane Estates
Design/Type:
Unit/Flat/Apartment

Description

Discover your beach escape at 510 Penguin Drive, Unit 202, in Mid-Town Ocean City, just moments from the bay and a short stroll to the beach. This condo's superb location places you at the heart of Ocean City's offerings, including dining, entertainment, amusement parks, expansive beaches, and pristine waterways for water sports enthusiasts. Inside, an open entertainer's layout seamlessly blends kitchen, dining, and living spaces for effortless hosting and day-to-day coastal living. The generous primary bedroom features an ensuite and a private access to the balcony spanning the entire unit, offering additional space for gatherings and the perfect spot to savor a glass of wine while enjoying sunset views over the bay. A second bedroom, accompanied by a hall bath, awaits, along with a convenient laundry center for rinsing off swimwear and towels before your next beach adventure. Whether you seek a beach retreat or a potential income-generating unit, 510 Penguin Drive presents an incredible opportunity for you.

Kitchen: 14 X 9 - Main
Dining Room: 17 X 14 - Main
Living Room: 17 X 14 - Main
Primary Bed: 17 X 11 - Main
Bedroom 2: 14 X 11 - Main

Taxes: $1,979
Home Assoc: No
Condo Assoc: $395/Monthly
Buyer Agency Comp*: 2.5 % Of Gross
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Central Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit, Cable TV Available, Electric Available

Garage/Parking
Off Street, Parking Lot, Paved Parking

Interior
Combination Kitchen/Dining, Ceramic Tile Flooring, Hardwood Flooring, Dry Wall, Accessibility - Level Entry - Main, Sliding Windows, Sliding Glass Doors, Main Entrance Lock, Smoke Detector

Exterior
Flat Roof, Frame Exterior, Vinyl Siding, Tennis Court(s), Fenced Pool, In Ground Pool

Lot
Panoramic View

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: Northrop Realty , (302) 539-0800

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 5/18/2024.

510 Penguin Drive #202B, Ocean City, MD 21842-5455

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