5901 Atlantic Avenue, Unit 513

Ocean City, MD 21842

$760,000
Price
3
Beds
3
Baths
1,530 Sq. Ft.
$497 / Sq. Ft.
1,530
Sq. Ft.
$497
per Sq. Ft.

Description

Don't miss your chance to purchase a place in one of Ocean City's finest condominiums - The Adagio. Not many come on the market, but here is your chance to own a South facing 5th floor unit with views of the ocean and bay! This beachfront building is centrally located midtown and has an indoor pool, fitness center and 2 assigned parking spaces. This turn-key 3-bedroom and 3-full bath unit comes fully furnished and is ready for your enjoyment. It’s the perfect choice for year-round living, vacationing...Don't miss your chance to purchase a place in one of Ocean City's finest condominiums - The Adagio. Not many come on the market, but here is your chance to own a South facing 5th floor unit with views of the ocean and bay! This beachfront building is centrally located midtown and has an indoor pool, fitness center and 2 assigned parking spaces. This turn-key 3-bedroom and 3-full bath unit comes fully furnished and is ready for your enjoyment. It’s the perfect choice for year-round living, vacationing or as an investment with $46k in rental income generated in 2023. Buy now in time for the Summer season!
  1. Listed by Michael S Maykrantz • Seaside Resort Group, LLC
    P: 4434970107 mmaykrantz@comcast.net

Property Details for 5901 Atlantic Avenue, Unit 513

Tax ID Number
2410396743
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
5
Structure Type
Unit/Flat/Apartment
Style
Unit/Flat
Levels/Stories
1

Location

Listing Courtesy of Seaside Resort Group, LLC
Add your commute
LISTING UPDATED: 04/11/2024 11:48 AM

Property Details for 5901 Atlantic Avenue, Unit 513

StatusActive
MLS #MDWO2019532
Days on Market36
Taxes$5,715 / year
HOA Fees-
Condo/Co-op Fees$2,560 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2002
CountyWorcester County

Building

Adagio

56 Units5 StoriesBuilt in 2002

Location

Listing Courtesy of Seaside Resort Group, LLC
Add your commute

Building Information for 5901 Atlantic Avenue, Unit 513

Building/ComplexAdagioFloor-Stories5Residences56Pet Policy-Year Built2002

Payment Calculator

$5,477 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,148

Property Taxes

$476

HOA Dues

$853

The Payment Calculator is for illustrative purposes only.

Property Information for 5901 Atlantic Avenue, Unit 513

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Oceanfront Indirect View (81)
  • OC Cross Street: 59
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: No
  • Water Body Type: Ocean
Association / Community Info
Association / Community Info
  • Condo Coop Name: Adagio
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Alarm System, Common Area Maintenance, Management, Pool(s), Reserve Funds
  • HOA Condo Coop Amenities: Elevator, Pool - Indoor, Reserved/Assigned Parking, Exercise Room
  • Property Manager Y/N: Yes
  • Other Fees: $1,650
  • Other Fees Frequency: Semi-Annually
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $405,400
  • Year Assessed: 2023
  • County Tax: $3,426
  • Improvement Assessed Value: $0
  • City Town Tax: $1,834
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U
  • Zoning: R-3
  • Tax Lot: 513
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
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: $46,000
Building Info
Building Info
  • Total Finished SQFT: 1,530.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanblock
  • Parcel ID: 5429961
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot, On Street
  • Number of Assigned Spaces: 2
  • Parking Features: Assigned
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Other
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Accessibility Features: No Stairs, Elevator
  • Security Features: Main Entrance Lock
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Pool: Yes - Community
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • 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)
  • List Agent URL: www.MichaelMaykrantz.com

Property History for 5901 Atlantic Avenue, Unit 513

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5901 Atlantic Avenue, Unit 513

Taxable ValueLand$283,700Additions$121,700Total$405,400
Tax Record2023$5,715 ($476 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,530 SqFtAbove Grade Finished SqFt1,530 SqFtStyleCondominiumYear Built2002ZoningR-3CountyWORCESTERAPN10-396743

Schools near 5901 Atlantic Avenue, Unit 513

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.

Similar Homes

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5901 Atlantic Avenue, Unit 513 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on March 26, 2024 by Seaside Resort Group, LLC, it's currently listed at $760,000. It has been on the market for a total of 36 days and was last sold on March 12, 2021. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 5901 Atlantic Avenue, Unit 513 is a 3-bed, 3-bath, 1,530 sqft condo built in 2002.

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 Seaside Resort Group, LLC

© 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 04/11/2024 11:48 AM