Patterson-Schwartz Real Estate101 123Rd Street #383C, Ocean City, MD 21842-2359 $259,000
Coming Soon
Interior Sq. Ft: 737
Acreage:
Age:41 years
Style:
Unit/Flat
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment
Description
Completely updated, turn-key two-level rare end unit condo. Although it is defined as a one bedroom, the owner has converted the oversized bedroom to create a separate living space for kids or guests. Being an end unit, both rooms have updated windows bringing ample light while providing privacy. If you are looking for a vacation home for your family, or an investment rental, this is the one perfect for either. It comes furnished with everything you would need to move right in and make it the perfect spot. There is a queen bed in the main bedroom, and the “extra†room has a bunk bed. Additionally, the sofa is a queen pullout for extra guests. The two-story condo provides the feeling of separate living spaces. Bathroom has been completely renovated in 2024, the HVAC is only eight years old, and most appliances have been replaced in the past several years. If you choose to rent this condo, it delivers fantastic gross rental income which were $21,500 in 2024 and the 2025 gross is $22,000, only being rented part of the time. If boating is your thing, there are 36 deeded boat slips in this community. Although this unit does not come with a boat slip, the individual owners do make them available for rental. The beautiful pool is open from Memorial Day through Labor Day. The condo association is self-managed and provides on-site maintenance. The off-street parking lot provides ample, unlimited parking. So, if you are ready to enjoy your pool-facing balcony and watch the beautiful sunsets over Northside Park, with the beach only a couple of blocks away, this condo is for you. You don’t want to miss this one!
Living Room: Main
Home Assoc: No
Condo Assoc: $3,600/Annually
Basement: N
Pool: Yes - Community
Elem. School: Ocean City Mid. School: Stephen Decatur High School: Stephen Decatur
Features
Utilities
Heat Pump(s), Electric, Central A/C, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit
Garage/Parking
Off Street, Handicap Parking, Paved Parking
Interior
Window Treatments, Spiral Staircase, Electric Fireplace
Exterior
Wood Siding, Outside Shower, In Ground Pool
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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.
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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.
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
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-576-6836
Listing Courtesy of: Coldwell Banker Realty , (443) 856-2211
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 9/03/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
