Address
9100 Coastal Highway # 1002 Ocean City, MD
Price
$ 749,000
Property Attributes
  • MLS#MDWO120204
  • TypeCondos
  • CountyWORCESTER
  • CityOcean City
  • AreaDirect Oceanfront
  • NeighborhoodNONE AVAILABLE
  • Zip21842
  • StyleCoastal,Unit/Flat
  • Year Built1991
  • Taxes5714
  • Price$ 749,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1136
Listing Provided Courtesy Of:
Rutherford Realty
Data Source:
Bright MLS
Property Description

Forget Location, Location, Location. Princess Royale 2 Bedroom Condo 1002 has the best Location Plus: Amenities, High Year-Round Rentals, and Management! Location: Ocean Front in the heart of Mid-Town Ocean City. Wide sandy beach. Easy walk to 10 restaurants in addition to on-site award winning Schooners, shopping, Art League classes, tennis, and playground. Amenities: Largest indoor pool in OC, Hot Tub, Saunas, Ocean Front dining and tiki bar with live entertainment, Room Service, Creative Day Spa, Convenience Store, Gift Shop, Fitness Room, Game Room, 24 hr Front Desk and Security, Assigned Garage and Valet Parking, Bell Service, Concierge, Cafe on the Green, Banquet and Wedding Venues, Beach Chair and Umbrella Service, Fiber Wi-Fi, daily or weekly Housekeeping Services, Grocery Delivery Service, and Supervised Children's Activities. Highest Year-Round Rentals: $73,000 Gross 2019! Now renting for over $1,000 per night on peak nights this summer. Princess Royale has a huge off-season group base with over 30,000 sq ft of Meeting Space and 1002 is the top choice of VIP's and Group Leaders staying in town. Management: Year-Round, Local, Innovative Hospitality Professionals. Many Key Members have been with the Princess Royale for over 25 years delivering the very best vacation and meeting experiences. Consistently Top Ranked on Trip Advisor - see the Independent Reviews! A very rare opportunity, as the last 2 bedroom condo at the Princess Royale sold over 6 years ago. Unsurpassed rental income with the ability to enjoy this penthouse Condo with your family and friends at your request. Fieldstone handmade cabinetry, Stainless GE Profile and Kitchenaid Appliances, New HVAC in 2019, Tommy Bahama Bedding, and Miles Talbot Furniture. The Resort is wrapping up a $2.5M renovation (already paid for) this Spring including Starbucks Coffee Shop, OceanFront Bar and Grille, new elevators roof and life safety system. A very unique opportunity, nothing else like it in Ocean City.

Price History
3/10/2021 Listed $749,000

General Features

Acceptable Financing Bank Portfolio
Accessibility 36 + wide Halls, Elevator
Architectural Style Coastal, Unit/Flat
Association Amenities Bar/Lounge, Beach, Beauty Salon, Cable, Common Grounds, Concierge, Convenience Store, Dining Rooms, Elevator, Exercise Room, Fitness Center, Game Room, Gift Shop, Hot tub, Meeting Room, Picnic Area, Pool - Indoor
Association Fee Includes Broadband, Cable TV, Common Area Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Management, Pool(s), Reserve Funds, Sauna, Water, Sewer
Association Y/N No
Bathrooms Count Main Level 2.00
Bathrooms Full Main Level 2
Building Name Princess Royale
Condo/Coop Association Y/N Yes
Construction Materials Concrete, Dryvit
Cool Fuel Electric
Cooling Heat Pump(s)
County WORCESTER
Days on Market 34
Garage Spaces 1.00
Garage Y/N No
HOA Fee 2 805.67
HOA Fee 2 Frequency Monthly
Heating Heat Pump - Electric BackUp
High School District WORCESTER COUNTY PUBLIC SCHOOLS
Levels 7
MLS Area Direct Oceanfront (80)
New Construction No
Other Structures Above Grade, Below Grade
Ownership Condominium
Possession Immediate
Price Per Sq Ft 659.33
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Structure Type Penthouse Unit/Flat/Apartment
Subdivision Name NONE AVAILABLE
Tax Annual Amount 5714.0
Tax Lot 1002
Tax Year 2020
Unit Number 1002
Vacation Rental Y/N No
Water Access Y/N Yes
Zoning R-3

Interior Features

Above Grade Finished Area 1136
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Below Grade Finished Area Source Assessor
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Below Grade Unfin Sqft Source Assessor
Central Air Y/N No
Entry Level 10
Full Baths 2
Heating Fuel Electric
Heating Y/N Yes
Hot Water Natural Gas
Living Area 1136
Main Level Bedrooms 2
Total Baths 2
Total Bedrooms 2

Exterior Features

Garage Features Covered Parking
Inclusions All Furnishings Convey
Lot Dimensions 0.00 x 0.00
Navigable Water Y/N No
Parking Garage - # Of Spaces 1
Pool Y/N Yes - Community
Total Parking Spaces 1
Type of Parking Parking Garage
Water Body Type Ocean
Water Oriented Y/N Yes
Water Source Public
Water View Y/N No
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21842

Price
AVG $510K
$750K
Taxes
AVG $4,443
$5,714
Visits
AVG 49
42
Year Built
AVG 1991
1991
Walkscore
AVG 49
54
Data Provided by Walkscore ® not using MLS data

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