11700 Coastal Highway, Unit 2205

Ocean City, MD 21842

$785,000
Last Sold Price
3
Beds
3
Baths
1,607 Sq. Ft.
$488 / Sq. Ft.
1,607
Sq. Ft.
$488
per Sq. Ft.

Description

Schedule your showing today to see this one of a kind condo. Enjoy unobstructed OCEAN and BAY views along with amazing sunrises and sunsets from inside this beautiful OCEANFRONT PENTHOUSE or while relaxing on one of the two extra large private balconies! This unit has been exceptionally maintained and has produced over $75,000 in annual gross rental income in recent years (averaged over $70,000 per year from 2009 - 2019). This is the only 3 bedroom/ 3 bathroom condo in the Carousel and has approximately...Schedule your showing today to see this one of a kind condo. Enjoy unobstructed OCEAN and BAY views along with amazing sunrises and sunsets from inside this beautiful OCEANFRONT PENTHOUSE or while relaxing on one of the two extra large private balconies! This unit has been exceptionally maintained and has produced over $75,000 in annual gross rental income in recent years (averaged over $70,000 per year from 2009 - 2019). This is the only 3 bedroom/ 3 bathroom condo in the Carousel and has approximately 30% more interior living space than the other typical 3 bedroom units in the building. In addition to the increased square footage, this unit is the only unit in the building with FLOOR TO CEILING glass windows along both the Ocean and Bay sides of the unit! Carousel amenities are like none other: indoor/outdoor pools, ice skating rink, arcade/game room, bistro & coffee lounge, a beachfront bar and restaurant, sauna, hot tub, fitness area, pickleball courts, meeting rooms, private parking garage, handicap parking, and 24 hour security.
  1. Listed by Matthew James • Coldwell Banker Realty
    P: 4105246111 matthew.james@cbmove.com

Property Details for 11700 Coastal Highway, Unit 2205

Tax ID Number
10-146356
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
22
Structure Type
Penthouse Unit/Flat/Apartment
Style
Coastal
Levels/Stories
1

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Long & Foster Real Estate, Inc.

Add your commute
LISTING UPDATED: 08/22/2022 09:14 AM

Property Details for 11700 Coastal Highway, Unit 2205

StatusClosed
MLS #MDWO117172
Days on Market154
Taxes$6,812 / year
HOA Fees-
Condo/Co-op Fees$550 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1975
CountyWorcester County

Building

Carousel

190 Units7 StoriesBuilt in 1975

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Long & Foster Real Estate, Inc.

Add your commute

Building Information for 11700 Coastal Highway, Unit 2205

Building/ComplexCarouselFloor-Stories7Residences190Pet Policy-Year Built1975

Payment Calculator

$5,402 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,284

Property Taxes

$568

HOA Dues

$550

The Payment Calculator is for illustrative purposes only.

Property Information for 11700 Coastal Highway, Unit 2205

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: 3rd Party
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: 3rd Party
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • HighSchoolSource: 3rd Party
  • County: WORCESTER
  • MLS Area: Direct Oceanfront (80)
  • OC Cross Street: 118
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Access Features: Public Beach, Swimming Allowed
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: Carousel Center Condominium
  • Condo Coop Phone: 410-524-4865
  • HOA Condo Coop Fee Includes: Insurance, Ext Bldg Maint, Common Area Maintenance, Pool(s), Reserve Funds, Trash, Cable TV, High Speed Internet
  • HOA Condo Coop Amenities: Elevator, Fitness Center, Game Room, Gift Shop, Hot tub, Pool - Indoor, Pool - Outdoor, Sauna, Security, Other
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $482,100
  • Year Assessed: 2020
  • County Tax: $4,074
  • Improvement Assessed Value: $0
  • City Town Tax: $2,198
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 012
  • Loss Mitigation Fee: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R-3
  • Tax Lot: T2205
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Stories: Main
Financial Information
Financial Information
  • Annual Rental Income: $72,500
Building Info
Building Info
  • Building Units Total: 0
  • Total Finished SQFT: 1,607.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanfront
  • Parcel ID: 5409296
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot, Parking Garage
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Free, Handicap Parking, Lighted Parking
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: 2+ Access Exits
  • Security Features: 24 hour security
  • Laundry Type: Washer In Unit, Dryer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Outdoor Living Structures: Balconies- Multiple
  • Pool: Yes - Community
  • Community Pool Features: Indoor, Pool/Spa Combo
  • Horse: No
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 11700 Coastal Highway, Unit 2205

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11700 Coastal Highway, Unit 2205

Taxable ValueLand$348,600Additions$149,500Total$498,100
Tax Record2023$7,021 ($585 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,607 SqFtAbove Grade Finished SqFt1,607 SqFtStyleCondominiumYear Built1975ZoningR-3CountyWORCESTERAPN10-146356Fireplace TypeHas Fireplace

Schools near 11700 Coastal Highway, Unit 2205

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/22/2022 09:14 AM