5901 Atlantic Avenue, Unit 501

Ocean City, MD 21842

$1,150,000
Price
3
Beds
3
Baths
1,660 Sq. Ft.
$693 / Sq. Ft.
1,660
Sq. Ft.
$693
per Sq. Ft.

Description

Rare opportunity to own a DIRECT OCEANFRONT, TOP FLOOR, CORNER UNIT with LARGE WRAP-AROUND BALCONY in one of mid-town’s premier buildings, the Adagio. On the market for the first time in 22 years, this spacious 3 bed/ 3 bath condo features walls of windows and three sliding glass doors that lead to a nearly 1,000 sq. foot balcony overlooking the pristine shoreline below. Enjoy beautiful sunrises every morning, and the warm glow of moonlight in the evening from inside or outside of this beautifully...Rare opportunity to own a DIRECT OCEANFRONT, TOP FLOOR, CORNER UNIT with LARGE WRAP-AROUND BALCONY in one of mid-town’s premier buildings, the Adagio. On the market for the first time in 22 years, this spacious 3 bed/ 3 bath condo features walls of windows and three sliding glass doors that lead to a nearly 1,000 sq. foot balcony overlooking the pristine shoreline below. Enjoy beautiful sunrises every morning, and the warm glow of moonlight in the evening from inside or outside of this beautifully decorated and luxurious beach front condo. Turn-key and sold fully furnished, this unit has everything you need to enjoy the beach lifestyle…
The white kitchen with granite counter tops provides the family chef all of the conveniences of home and everything needed to prepare delicious meals to enjoy in the large dining area or on the oversized balcony. The living room is a comfortable place for the whole family to gather and includes a media cabinet, sleeper sofa, custom blinds, and, of course, gorgeous views of the ocean! Professionally decorated in an island beach motif, this bright and open space flows beautifully, making every beach day a literal breeze to enjoy. You’ll wake up to the sights and sounds of the Atlantic Ocean from the primary suite with east-facing slider. The large en-suite bath features dual sinks, a jetted soaking tub, and separate shower. There is also a second en-suite perfect for hosting your guests, allowing them plenty of space and privacy. The generously sized third bedroom is just down the hall from the guest bath that includes a tub/shower combo. Plenty of large closets and a full size laundry make the space very functional for long stays, since you won’t ever want to leave! Recent upgrades include a new 80 gallon water heater, new washer/dryer, built-in microwave, new living room furniture, and upgraded flooring and fixtures throughout. The Adagio is located in the heart of it all… walking distance to so many of Ocean City’s most popular dining and entertainment hotspots including Fager’s Island, Macky’s, Alley Oops, and Sky Bar to name a few. You’ll love the convenience of stores, coffee shops, banks, and entertainment options all within short walking distance. Centrally located just blocks to the Rt. 90 bridge for easy access in and out of Ocean City, the building features an Indoor pool/hot tub (open year-round!). Additional amenities include a fitness center, owner’s-only social room, sun deck, outdoor shower, and two elevators. There is one reserved parking space under the building and a second outdoor parking pass. The building is well-managed and maintained. Strong reserve fund in place. Reserve study is completed. This is a one-of-a-kind property in an amenity-filled building in the perfect mid-town location. Don’t miss it!
  1. Listed by Thomas J Polcari • Atlantic Shores Sotheby's International Realty
    P: (410)-707-2595 thomas.polcari@sothebysrealty.com

Property Details for 5901 Atlantic Avenue, Unit 501

Tax ID Number
2410396611
Ownership
Fee Simple
Condo Coop Association
Yes
HOA
No
Entry Floor Number
5
Structure Type
Unit/Flat/Apartment
Style
Other
Levels/Stories
5
LISTING UPDATED: 12/12/2024 12:06 AM

Property Details for 5901 Atlantic Avenue, Unit 501

StatusActive
MLS #MDWO2027168
Days on Market11
Taxes$9,711 / year
HOA Fees-
Condo/Co-op Fees$2,995 / quarter
Compass TypeCondo
MLS TypeResidential / Fee Simple
Year Built2002
CountyWorcester County

Building

Adagio

56 Units5 StoriesBuilt in 2002

Building Information for 5901 Atlantic Avenue, Unit 501

Building/ComplexAdagioFloor5Stories5Residences56Pet Policy-Year Built2002

Property Information for 5901 Atlantic Avenue, Unit 501

Location
Location
  • In City Limits: Yes
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Direct Oceanfront (80)
  • OC Cross Street: 59
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: No
  • Water Body Type: Ocean
Association / Community Info
Association / Community Info
  • Condo Coop Name: Adagio
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Insurance, Reserve Funds, Trash, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal
  • HOA Condo Coop Amenities: Elevator, Exercise Room, Pool - Indoor, Recreational Center
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $693,867
  • Year Assessed: 2024
  • County Tax: $5,863
  • Improvement Assessed Value: $0
  • City Town Tax: $3,071
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: U
  • Zoning: R-3
  • Tax Lot: 501
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Stories: Main
Building Info
Building Info
  • Total Finished SQFT: 1,660.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5429949
Parking
Parking
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage - # of Spaces: 1
  • Total Garage Spaces: 1
  • Parking Lot - # of Spaces: 1
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: Yes - Community
  • Community Pool Features: Heated, Indoor, Pool/Spa Combo
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 5901 Atlantic Avenue, Unit 501

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5901 Atlantic Avenue, Unit 501

Taxable ValueLand-Additions-Total-
Tax Record2023$9,172 ($764 / month)
Home Facts
Beds0Baths3Total Finished SqFt1,660 SqFtAbove Grade Finished SqFt1,660 SqFtStyleCondominiumYear Built2002ZoningR-3CountyWORCESTERAPN10-396611

Schools near 5901 Atlantic Avenue, Unit 501

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
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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5901 Atlantic Avenue, Unit 501 is a condo for sale in Ocean City, MD 21842. This property was listed for sale on December 12, 2024 by Atlantic Shores Sotheby's International Realty, it's currently listed at $1,150,000. It has been on the market for a total of 11 days and was last sold on October 29, 2002. 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. 5901 Atlantic Avenue, Unit 501 is a 3-bed, 3-bath, 1,660 sqft condo built in 2002.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Atlantic Shores Sotheby's International Realty

© 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 12/12/2024 12:06 AM