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11604 Coastal Highway #1701, Ocean City, MD 21842-2444 $1,200,000

Beds/Baths: 5/4
Interior Sq. Ft: 3,437
Acreage:
Age:51 years
Style:
Unit/Flat
MLS#: MDWO2020530
Subdivision: None Available
Design/Type:
Unit/Flat/Apartment

Description

Fountainhead Towers, Unit #1701, is a unique South-end Penthouse perched in the heart of Ocean City, MD. This oceanfront gem is one of the largest properties in the city, presenting a rare opportunity for those seeking to own an elevated slice of beachfront paradise. This expansive property boasts a two-story floorplan, featuring five generous bedrooms, a den, a billiards room, and a myriad of spaces to entertain or unwind. Look forward to greeting the dawn from the massive oceanfront balcony, or savoring sunsets over the bay from one of two private bayview balconies. The interiors, brimming with untapped potential, invite the new owner to implement their vision and create a tailored coastal haven. This condo has been lovingly maintained by the original owner and has never been rented, offering it's new owners a 'blank slate' from which they can renovate and create their own private penthouse oasis. Fountainhead Towers is not just about the property; it’s about a lifestyle. The complex has successfully completed its reserve study, ensuring its sustainability for years to come. Nestled within Ocean City, residents have access to an array of attractions, shopping, and dining experiences. With Ocean City's Gold Coast Mall and 120th Street Shopping Center both a stone's throw away, you'll find an eclectic mix of boutique shops, eateries, and entertainment options. Nature enthusiasts will appreciate the proximity to Northside Park, the city's largest and most popular park with crabbing, fishing, walking trails and ball-fields abound. For food lovers, a plethora of restaurants, from casual seafood shacks to fine dining establishments, dot the landscape. Don't miss out on the famous Maryland crabs at nearby seafood hotspots. Unit #1701 is more than a property; it’s a once-in-a-lifetime chance to curate your dream beachfront lifestyle in an extremely rare property. Don't let this opportunity slip away!

Den: Main
Bonus Room: Main
Taxes: $9,253
Home Assoc: No
Condo Assoc: $1,850/Monthly
Buyer Agency Comp*: 2.5 % Of Gross
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Atlantic; Water Body Type: Ocean; Navigable: No;

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit

Garage/Parking
Parking Lot, Paved Parking

Interior
Carpet Flooring, Ceramic Tile Flooring, Accessibility - Elevator

Exterior
Dryvit, Masonry, Balcony, Outside Shower, Tennis Court(s), In Ground Pool

Select a school from the following list. Schools are grouped by school type.
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.

© 2024 LiveBy. All Rights Reserved.

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.

Total: 10,655
Households: 5,184
Median Age: 52.40

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

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net

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 5/05/2024.

11604 Coastal Highway #1701, Ocean City, MD 21842-2444

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