8800 Coastal Highway, Unit 705

Ocean City, MD 21842

$539,000
Price
2
Beds
2
Baths
1,225 Sq. Ft.
$440 / Sq. Ft.
1,225
Sq. Ft.
$440
per Sq. Ft.

Description

Selllers paying the entire 2024 condo fee/assessment (18,540.00) for renovation of north tower and pool deck . CONDO FEES FOR 2025 are 2,650.00 QUARTERLY AND 2026 2,400 QUARTERLY. The spacious Oceanfront 2 BR/Den condominium with 2 full baths, freshly painted and fully furnished with all modern appliances; central air conditioning and heat, newer washer and dryer, dishwasher. This condo boasts a SPECTACULAR OCEANFRONT VIEW from its large Oceanfront balcony and an Ocean View from the Master Bedroom...Selllers paying the entire 2024 condo fee/assessment (18,540.00) for renovation of north tower and pool deck . CONDO FEES FOR 2025 are 2,650.00 QUARTERLY AND 2026 2,400 QUARTERLY. The spacious Oceanfront 2 BR/Den condominium with 2 full baths, freshly painted and fully furnished with all modern appliances; central air conditioning and heat, newer washer and dryer, dishwasher. This condo boasts a SPECTACULAR OCEANFRONT VIEW from its large Oceanfront balcony and an Ocean View from the Master Bedroom window. Additionally, Sea Terrace 705 has a rare view for Ocean City, with a southern facing wrapped balcony. This is one of the only buildings with Ocean and Bay views from one LARGE balcony - watch the sun rise and set from the same chair! This condominium has hurricane shutters, upgraded sliding glass doors, and upgraded bathrooms with new vanities and lighting. Just steps off the elevator with nice Bay views. Great built in rental history spanning over 6 years with the same owner; grossing $25,450 (2022) & $20,650 (2023). Located in convenient mid-town, Sea Terrace is just steps to a wider stretch of Ocean City beach and Atlantic Ocean and walking distance to restaurants, shopping, grocery store, nightlife, Art League, basketball courts, playground, and dog park. Building amenities include Oceanfront heated outdoor pool with large sundeck, 3 elevators, tennis, and on site security and management. Private parking with overflow lot and plenty of free street parking. Secure beach lockers available for $100/yr. Condo fees for 2024: $4,650/quarterly (includes assessment for renovation of north tower and pool deck). Condo fees for 2025: $2,650/quarterly. Fees for 2026: $2,400/quarterly.
  1. Listed by Candi Noyes • Coldwell Banker Realty
    P: 4107263871 candi@candinoyes.com
  2. Listed by Michael J. Noyes • Coldwell Banker Realty
    P: 4105241203 mnoyes@cbmove.com

Property Details for 8800 Coastal Highway, Unit 705

Tax ID Number
2410102553
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
7
Structure Type
Unit/Flat/Apartment
Style
Coastal
Levels/Stories
1

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/26/2024 06:11 PM

Property Details for 8800 Coastal Highway, Unit 705

StatusActive
MLS #MDWO2018414
Days on Market111
Taxes$4,645 / year
HOA Fees-
Condo/Co-op Fees$2,650 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1974
CountyWorcester County

Building

Sea Terrace

124 UnitsBuilt in 1974

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 8800 Coastal Highway, Unit 705

Building/ComplexSea TerraceFloor-Stories-Residences124Pet Policy-Year Built1974

Payment Calculator

$4,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,942

Property Taxes

$387

HOA Dues

$883

The Payment Calculator is for illustrative purposes only.

Property Information for 8800 Coastal Highway, Unit 705

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Direct Oceanfront (80)
  • OC Cross Street: 88
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Waterski/Wakeboard
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: Yes
  • Water Body Type: Ocean
  • Water Frontage In Feet: 200.0
Association / Community Info
Association / Community Info
  • Condo Coop Name: Sea Terrace
  • HOA Condo Coop Mgmt Type: Owner/Self-Management
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Taxes
  • HOA Condo Coop Amenities: Elevator, Extra Storage, Pool - Outdoor, Reserved/Assigned Parking
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $329,500
  • Year Assessed: 2023
  • County Tax: $2,784
  • Improvement Assessed Value: $0
  • City Town Tax: $1,491
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: U
  • Zoning: R-3
  • Tax Lot: 705
  • 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: 2
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 1,225.00
  • 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: Oceanfront
  • Parcel ID: 5405507
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot - # of Spaces: 1
  • Number of Assigned Spaces: 1
  • Parking Features: Assigned, Lighted Parking, Paved Parking
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Cedar Closet(s), Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Window Treatments
  • Fireplace: No
  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Accessibility Features: 36"+ wide Halls, Doors - Swing In, Elevator
  • Laundry Type: Dryer In Unit, Washer In Unit
Exterior Features
Exterior Features
  • Exterior Features: Exterior Lighting, Fire Escape, Flood Lights, Gutter System, Lawn Sprinkler, Outside Shower, Secure Storage
  • Pool: Yes - Community
Utilities
Utilities
  • Utilities: Electric Available, Cable TV Available, Phone Available, Water Available, Sewer Available
  • Heating: Yes
  • Cooling Type: Heat Pump(s), Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp, Forced Air
  • 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.candinoyes.com

Property History for 8800 Coastal Highway, Unit 705

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8800 Coastal Highway, Unit 705

Taxable ValueLand$230,600Additions$98,900Total$329,500
Tax Record2023$4,645 ($387 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,225 SqFtAbove Grade Finished SqFt1,225 SqFtStyleCondominiumYear Built1974ZoningR-3CountyWORCESTERAPN10-102553Fireplace TypeHas Fireplace

Schools near 8800 Coastal Highway, Unit 705

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

8800 Coastal Highway, Unit 705 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on January 14, 2024 by Coldwell Banker Realty, it's currently listed at $539,000. 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. 8800 Coastal Highway, Unit 705 is a 2-bed, 2-bath, 1,225 sqft condo built in 1974.

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 04/26/2024 06:11 PM