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    4601 Coastal Hwy, Unit 503 Ocean City, MD 21842

    For Sale
    $750,000

    Beautifully designed 3BR condo with panoramic ocean and bay views.

    Property size:
    1,830 SF

    Property Features for 4601 Coastal Hwy

    General Information

    Size
    1,830 SF

    Building Details

    Year built
    2007

    Source: Keller Williams Delmarva Realty Agent Lee Tessier

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

    Overview

    Luxurious Bayfront Condo in Ocean City

    This beautifully decorated and designed bayfront condo, located in the heart of Ocean City, features 3 bedrooms and 3.5 bathrooms within its 1,830 square feet of luxurious coastal living space. The residence offers panoramic views of both the ocean and bay. The open floor plan includes a wet bar, granite countertops, stainless steel appliances, and LVP flooring throughout. The primary suite features a walk-in closet, a large bathroom with a soaking tub, and an oversized shower. Residents can enjoy resort-style amenities, including an indoor pool and a bayfront outdoor pool. Situated in midtown Ocean City, the property is close to the beach, dining, and entertainment. The condo is fully furnished and in pristine condition, with newer HVAC and water heater. The property has been exceptionally maintained, having only been rented to personal friends.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunsations Used Appliance Store Sugar Planet Candy Store

    Suggested Use

    Restaurant Spa & Massage Dental Office Law Firm Building Supply Auto Repair Shop Realty agency Clothing Store Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.070698
    Latitude
    38.3723588

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    FAQs

    What type of property is this?
    Short term rental property - Beautifully designed 3BR condo with panoramic ocean and bay views.
    Where is this short term rental property located?
    The property is located at 4601 Coastal Hwy, Unit 503 Ocean City, MD.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Bayfront condo with PANORAMIC ocean and bay views.; - Over 1,800 sq ft of luxurious coastal living with 3 bedrooms and 3.5 bathrooms.; - Fully furnished and in pristine condition; MOVE-IN READY.
    (410) 638-9555
    Request Owner's contact information
    4601 Coastal Hwy, Unit 503 Ocean City, MD 21842
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    Ocean City, MD 21842
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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
    4601 Coastal Hwy, Unit 503 Ocean City, MD 21842
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