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Ocean City,MD 21842
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 645 sqft
Price per Sqft $463
Subdivision None Available
MLS Listing ID MDWO2026400
Style Other
Bedrooms 1
Full Baths 1
Condo Fees $1,200
Year Built 1972
Annual Tax Amount $2,648
Tax Year 2024
Property Description
The beach life could be yours at The Eldorado! Cute 1 bedroom condo, well maintained through the years, and just steps to the beach. It's also just a block away from Coconuts and close to other great eating and nightlife. This is in a great mid town location. This is a 3rd floor walk up, has an ocean view from the balcony, has a full kitchen, washer/dryer, 2 wall a/c units and baseboard heat. New LVP flooring was installed this year. Private parking for 1 car. Turn key / no exclusions. This has rented seasonally to the same tenant for 16 years. We do not have a lease for 2025 yet, trying to sell first, however the same couple would like to rent it again. The reserve study has been completed, annual condo fees $2400, paid in 2 installments. Seller has paid $4000 assessment for roof work to be completed.
** It is the seller's intent to enter into a 1031 Tax Deferred Exchange at no cost to the buyer. **
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning R-3
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Inclusions As seen
Exterior
Garage Spaces 1.0
Amenities Available None
Water Access N
Building
Story 1
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Special Listing Condition Standard
Pets Description No Pet Restrictions