$25,000
$25,000
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413 BAYSHORE DR #301 Ocean City, MD 21842
3 Beds
2 Baths
1,178 SqFt
Key Details
Sold Price $25,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
Price per Sqft $21
Subdivision None Available
MLS Listing ID MDWO113380
Sold Date 06/26/20
Style Unit/Flat
Bedrooms 3
Full Baths 2
Condo Fees $1,200/qua
HOA Y/N N
Abv Grd Liv Area 1,178
Originating Board BRIGHT
Year Built 1972
Annual Tax Amount $3,268
Tax Year 2019
Lot Dimensions 0.00 x 0.00
Property Description
This is the 2nd of 4 fractional ownership shares being listed for sale for this unit. Interested in having a place in OC, but not spending an arm and a leg? This is your chance to enjoy shared ownership of a condominium in Ocean City that sits on the open bay! This is one of four listings that allows you to buy 1 share of 10 shares of 10 ownership in this unit. Each share is individually deeded!Ownership of a share gives you one week use of the unit every ten weeks (rotating annually). If you'd prefer to rent out some of your weeks you can do that too. There are no rental restrictions.Please note this is NOT a timeshare. It's simply shared ownership of a unit with a small group of other individuals who wanted a piece of Ocean City without the hassles and cost of full ownership.Unit 301 also comes with an assigned boat slip! So, bring your boat to make the most of this direct open bay condo! Bayshore Drive is in the 28th St area of Ocean City, so you're a short walk or bike ride from great restaurants and bars like Buxy's, Mother Cantina, Touch of Mediterranean and others!Currently the owners use a system where each share holder pays $1500 per year to cover all: taxes, condo fees, utilities, insurance, cable, internet, telephone, water/sewer, and trash.
Location
State MD
County Worcester
Area Bayside Waterfront (84)
Zoning R-2
Rooms
Main Level Bedrooms 3
Interior
Interior Features Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining
Heating Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C
Equipment Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Furnishings Yes
Fireplace N
Appliance Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Heat Source Electric
Exterior
Exterior Feature Balcony
Parking On Site 1
Amenities Available Boat Dock/Slip, Pier/Dock
Waterfront Description Private Dock Site
Water Access Y
Water Access Desc Boat - Powered,Canoe/Kayak
Accessibility None
Porch Balcony
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Pier/Dock Maintenance
Senior Community No
Tax ID 10-048214
Ownership Fractional
Acceptable Financing Cash
Horse Property N
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with John W Logan • Keller Williams Realty Centre