Ocean City, MD 21842,504 ROBIN DR #65
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Ocean City, MD 21842,504 ROBIN DR #65
Ocean City, MD 21842,504 ROBIN DR #65
Ocean City, MD 21842,504 ROBIN DR #65
Ocean City, MD 21842,504 ROBIN DR #65

$187,000

Est. payment /mo

$189,900

1.5%
Est.Price: ?

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504 ROBIN DR #65 Ocean City, MD 21842

1 Bed

1 Bath

396 SqFt

SOLD DATE : 05/28/2021

Key Details

Sold Price $187,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 396 sqft

Price per Sqft $472

Subdivision Bayshore Cm

MLS Listing ID MDWO121402

Sold Date 05/28/21

Style Unit/Flat

Bedrooms 1

Full Baths 1

Condo Fees $625/qua

HOA Y/N Y

Abv Grd Liv Area 396

Originating Board BRIGHT

Year Built 1969

Annual Tax Amount $1,242

Tax Year 2020

Lot Dimensions 0.00 x 0.00

Property Description

BEST VIEW & LOCATION IN BAYSHORE ESTATES! Want one of Ocean City's best canal view? You got it with this top floor/corner unit condo! Sit on the large deck and watch the boats come and go - it's beautiful!! Lots of fresh air and natural light! This property has had approx $15,000 in recent assessments and upgrades including: brand new ductless HVAC system, new sliding glass door, new decking, new vinyl siding, new gutter system, security camera system and more! All assessments have been paid! Nice and comfortable unit with updated paint, flooring and furnishings (Red couches have been replaced with a nice sectional couch with chaise. Pictures also do not show new couch, ductless HVAC unit and new sliding glass door and window. Please contact your agent for updated photos). Hang out on the community docks and fish right from the docks! Want to hit the beach? Its a quick bike ride or short walk to the beach, restaurants and Jolly Rogers! BayShore Estates is all the way at the end of Robin Drive/28th Street so you're away from the busy highways but close to everything. Purchaser of the condo also gets an assigned storage unit which is on the same floor as the unit for all your beach gear and storage needs. Condo does not come with a boat slip, but the community has a boat ramp where you can pull your boat in and out and some owners with slips rent them out for the season. This property has been used by the family who owns it and they rent it out when they are not using it. It generates approx $15,000-$17,000 in rental income a year and could be higher if you choose to increase the rent. In 2020 they generated $11,000 seasonal rental income on VRBO only (Averaging $149/nte Mon-Wed & $164/nte Thurs-Sun. Rent and available rental days could be increased) and $6,400 in off season rental income ($800/mo & tenant pays the electric bill Oct-May). Condo is currently being rented until May 31st. As of 4/4, 14 days in July have already been rented totaling $2,217 for the new buyers - contact your agent for current booking calendar - additional bookings will continue to be made until sale of property. Condo fee of $625/quarter include hot water, exterior building insurance, cable TV, dock maintenance, trash and landscaping. Don't wait - it's hard to find anything on the water with a view like this for under $200k!

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning R-2

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Kitchen - Galley, Window Treatments

Hot Water Other

Heating Baseboard - Electric

Cooling Ductless/Mini-Split

Equipment Microwave, Oven/Range - Electric, Refrigerator

Furnishings Yes

Appliance Microwave, Oven/Range - Electric, Refrigerator

Heat Source Electric

Laundry None

Exterior

Exterior Feature Deck(s)

Utilities Available Cable TV

Amenities Available Boat Ramp, Pier/Dock, Reserved/Assigned Parking, Storage Bin

Waterfront Description Boat/Launch Ramp

Water Access Y

Water Access Desc Boat - Powered,Canoe/Kayak,Fishing Allowed,Personal Watercraft (PWC),Swimming Allowed

Roof Type Flat

Accessibility None

Porch Deck(s)

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

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Cable TV,Ext Bldg Maint,Lawn Maintenance,Management,Pier/Dock Maintenance,Trash,Other

Senior Community No

Tax ID 10-059402

Ownership Condominium

Acceptable Financing FHA, Cash, Conventional, Exchange, VA

Listing Terms FHA, Cash, Conventional, Exchange, VA

Financing FHA,Cash,Conventional,Exchange,VA

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

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Bright MLS (BMLS)
Listed by Adam Roop • EXP Realty, LLC
Bought with Heather Lynne Carrow • Patterson-Schwartz-Elkton

Greg Kolandjian

Team Leader | License ID: 0225205024

+1(540) 737-8150

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