12302 Wight St #102

Ocean City, MD 21842 View Map $639,900 Ask a Question
Beds3
Baths2
Sq.Ft.1,348
Year1982

Nicholas Bobenko

(443) 614-9179
Ask a Question
Status: Sold
Property Type:Condo
MLS #:MDWO120920
Sq. Feet:1,348
Date Sold:5/18/2021
County:Worcester
Direct Oceanfront 3 Bedroom, 2 Bathroom condominium located in North Ocean City, MD. Once you visit this property you will not want to leave! Take in the serene views of the Atlantic Ocean from the large balcony with access from the living room and the primary bedroom. The location on the ground floor allows for easy access without having to use the elevator. Features include granite countertops with a breakfast bar in the kitchen for your visiting guests and upgraded cabinetry. Sold fully furnished, this property is turn key. Currently pre-booked with nine weeks rented for the 2021 season allowing the new owner the opportunity to immediately walk into over $30, 000 of gross rental income. The small condo association includes an outdoor pool, elevator, and two assigned parking spots on the surface lot. The community is self-managed and has low condo fees at just $1, 200 per quarter. Recent upgrades to the amenities include new fencing around the pool in 2020. Note: The wood burning fireplace is not functional and is sold "AS-IS." Past gross annual rental income is as follows: 2018 - $32, 753; 2019 - $29, 965; 2020 - $21, 370. Buyer Must Honor Existing Rentals.

Detailed Maps

Community Information

Address:12302 Wight St #102 Ocean City, MD 21842
Area:Ocean City - Oceanfront
County:Worcester
City:Ocean City
Zip Code:21842
Neighborhood:Direct Oceanfront (80)
Building Name:Atlantic Breeze

Architecture

Unit Number:#102
Bedrooms: 3
Bathrooms: 2
Year Built:1982
Stories:1
Style:Unit/Flat
Construction: Concrete
Unit Building Type: Mid-Rise 5 - 8 Floors
Roofing: Flat
Foundation: Crawl Space

Features / Amenities

Total Sq. Ft.:1348
Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Interior Features: Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Flat, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Upgraded Countertops, Wainscotting, Window Treatments
# of Units: 20
Unit Floor: 1
Exterior Features: Outside Shower, Sidewalks, Street Lights
Amenities: Elevator, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
Exterior Spaces: Balcony
Type of Parking: Parking Lot
Air Conditioning: Central A/C
Primary Heat Type: Forced Air

Property Features

Num. Floors in Condo Bldg.:5
Waterfront: Sandy Beach
Water Body Type: Ocean
View: Ocean
Lot Description: Premium
Waterfront: Yes
Parking Lot - # of Spaces: 2
Septic: Public Sewer
Water: Public
Transportation: Bus Stop less than 1 mile
Municipality: Ocean City

Tax and Financial Info

Property Taxes: $6,913 (paid Annually)
HOA: No
Condo Association: Yes
Condo Fee: $1,200 (paid Quarterly)
Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Pool(s), Reserve Funds, Water

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Listing Information Last Updated 6/13/2021
Listing provided courtesy of Jonathan Barker, Keller Williams Realty Delmarva.
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