205 5th Street, Unit 45

Parrot Bay
Ocean City, MD 21842

$479,000
Price
3
Beds
2
Baths
895 Sq. Ft.
$535 / Sq. Ft.
895
Sq. Ft.
$535
per Sq. Ft.
a view of a white building with large windows
a front view of a building
a front view of a building with street view
a backyard of a house with wooden floor
a view of entryway
a kitchen with granite countertop a refrigerator stove top oven and sink
a kitchen with granite countertop a stove a sink and a microwave
a kitchen with white cabinets and white appliances
a kitchen with a sink a window and chairs
a view of a dining room with furniture and wooden floor
a view of a workspace with furniture
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a view of a dining room with furniture
a view of a dining room with furniture and wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and a large window
a living room with furniture and a wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator and cabinets
a living room with furniture and a flat screen tv
a view of a closet area
a bedroom with a bed and a television
a bedroom with a bed and wooden floor
a room with a bed and a table
a bedroom with a bed and wooden floor
a bathroom with a sink a mirror and bathtub
a bathroom with a sink and a mirror
a bathroom with a sink a mirror and a shower
a white toilet sitting next to a bathroom sink
a view of a hallway to a livingroom and a dinning room with wooden floor
a bedroom with a bed and a window
a bed room with a bed and a couch
a bedroom with a bed and window
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a flat screen tv
a bedroom with a large bed and a window
a bedroom with a bed and a window
a living room with furniture and a large window
a view of an empty room with wooden floor and a window
a balcony with wooden floor table and chairs
a view of dining room with furniture and window
a bathroom with a sink and a shower
a bathroom with a sink and a mirror

Description

A guest favorite vacation rental property, this property has generated $198,547 in revenue, as a short term rental, over the past 4 years for an average of $49636/yr. Located in the heart of Downtown Ocean City. A short walk to the bay and the beach. This unit comes fully furnished and ready to be listed for rent or move yourself right in. Enjoy the oversized spacious deck or hang inside where the mini split installed in 2023 will keep the inside nice and cool. If you like to hang out in the sun,...A guest favorite vacation rental property, this property has generated $198,547 in revenue, as a short term rental, over the past 4 years for an average of $49636/yr. Located in the heart of Downtown Ocean City. A short walk to the bay and the beach. This unit comes fully furnished and ready to be listed for rent or move yourself right in. Enjoy the oversized spacious deck or hang inside where the mini split installed in 2023 will keep the inside nice and cool. If you like to hang out in the sun, enjoy the Parrot Bay community pool only 100' from your door. Only a block away is the bayside boardwalk and newly renovated park on 4th st and 3 short blocks from the Boardwalk and beach. Off Street parking is always crucial in Ocean City and on site security helps keep the community of Parrot Bay peaceful and enjoyable. The Parrot Bay association also provides internet. Electrical Panels were upgraded in 2021. Inside the unit you will find 3 bedrooms and 2 full bathrooms, a kitchen with new (2021) quartz countertops and new Appliances (2023), also you will find the dining room past the kitchen with a rear door to a wrap around deck and stairs. Additional storage for the building under the deck stairwell and along the side of the unit. In addition to the Condo Dues there is a quarterly fee of $697 due for building reserves in compliance to House Bill 107. The reserves are building specific so you don't pay for other buildings maintenance aside from common elements. The total combined monthly HOA and Reserve is $683/month.
  1. Listed by Lucas Aaron Milburn • Long & Foster Real Estate, Inc.
    P: (443)-299-9783 lucasmilburn@gmail.com

Property Details for 205 5th Street, Unit 45

Tax ID Number
10-749603
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
2
Structure Type
Unit/Flat/Apartment
Style
Coastal
Levels/Stories
2
LISTING UPDATED: 11/08/2024 11:15 AM

Property Details for 205 5th Street, Unit 45

StatusActive
MLS #MDWO2026644
Days on Market7
Taxes$202 / year
HOA Fees-
Condo/Co-op Fees$1,368 / quarter
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1940
CountyWorcester County

Building

Parrot Bay

3 UnitsBuilt in 1940

Building Information for 205 5th Street, Unit 45

Building/ComplexParrot BayFloor-Stories-Residences3Pet Policy-Year Built1940

Property Information for 205 5th Street, Unit 45

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: 3rd Party
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: 3rd Party
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: 3rd Party
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • HighSchoolSource: 3rd Party
  • County: WORCESTER
  • MLS Area: Bayside Interior (83)
  • OC Cross Street: 5
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Condo Coop Name: Parrot Bay
  • Condo Coop Phone: 8883870151
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Reserve Funds, Trash
  • HOA Condo Coop Amenities: Pool - Outdoor
  • Property Manager Y/N: Yes
  • Other Fees: $697
  • Other Fees Frequency: Quarterly
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $180,433
  • Year Assessed: 2024
  • County Tax: $1,525
  • City Town Tax: $799
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Loss Mitigation Fee: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RESIDENTIAL
  • Zoning Dscrp: Residential
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
Rooms
  • Stories: Main
Building Info
Building Info
  • Building Level Count: 2
  • Total Finished SQFT: 895.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Bayblock
  • Parcel ID: 5435735
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 1
  • Parking Features: Parking Space Conveys
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Dishwasher
  • Accessibility Features: 2+ Access Exits
  • Laundry Type: Shared
Exterior Features
Exterior Features
  • Spa: No
  • Outdoor Living Structures: Deck(s)
  • Pool: Yes - Community
  • Community Pool Features: In Ground
  • Horse: No
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Phone Available
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Harford County Association of REALTORS

Property History for 205 5th Street, Unit 45

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 205 5th Street, Unit 45

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Ocean City Elementary School
Public - PK to 4
Berlin Intermediate School
Public - 5 to 6
Stephen Decatur Middle School
Public - 7 to 8
Stephen Decatur High School
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 205 5th Street, Unit 45, Ocean City, MD 21842

205 5th Street, Unit 45 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on November 8, 2024 by Long & Foster Real Estate, Inc., it's currently listed at $479,000. It has been on the market for a total of 7 days and was last sold on September 26, 2023. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 205 5th Street, Unit 45 is a 3-bed, 2-bath, 895 sqft condo built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/08/2024 11:15 AM