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    12108 Coastal Hwy, Unit 301C Ocean City, MD 21842

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    For Sale
    $38,500

    Fractional ownership condo with ocean access and many amenities.

    Building Details

    Year built
    1986

    Source: Coldwell Banker Realty Agent Dale Robert Mccullough

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fractional Ownership Condo Near Ocean

    This is a fractional deeded ownership condo, offering 13 weeks of use per year on a rotating schedule every 8 weeks. The property features an open floor plan with two bedrooms and two bathrooms. The living area includes a wet bar and a dry bar. The full kitchen is equipped with a breakfast bar. Located on the third floor at the end of the building, the condo offers enhanced privacy. In-unit laundry facilities are available. Recent updates within the last two years include new carpet in the bedrooms, vinyl plank flooring in the living, dining, kitchen, and hallway areas, new window treatments, a new sofa, a new vinyl slider, an energy-efficient thermostat, and security locks. The building provides covered parking, a well-lit garage, and elevator access. Condo fees cover taxes, insurance, utilities, repairs, furnishings, cleaning, linens, and regular maintenance.
    Location Intelligence

    Current Use by Public Records

    The Quarters Resort Hotel

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0552107
    Latitude
    38.4269392

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    FAQs

    What type of property is this?
    Short term rental property - Fractional ownership condo with ocean access and many amenities.
    Where is this short term rental property located?
    The property is located at 12108 Coastal Hwy, Unit 301C Ocean City, MD.
    What is the asking price?
    The asking price for this property is $38,500.
    What are key features of this property?
    This property features: - Fractional ownership condo on the ocean block for under $38,500.; - Deeded ownership for 13 weeks per year.; - Enjoy the **open floor plan** featuring 2 bedrooms, 2 bathrooms, living/dining area, and **full kitchen**.
    (443) 829-3177
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12108 Coastal Hwy, Unit 301C Ocean City, MD 21842
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