9100 Coastal Highway, Unit 1002
Ocean City, MD 21842
$715,000
Last Sold Price
2
Beds
2
Baths
1,136 Sq. Ft.
$629 / Sq. Ft.
1,136
Sq. Ft.
$629
per Sq. Ft.
Closed 3/31/22
Virtual Tour
Closed 3/31/22
Virtual Tour
Description
Forget Location, Location, Location. Princess Royale Resort 2 Bedroom Condo 1002 has the best Location Plus: Amenities, High Year-Round Rentals, and Management! Location: Ocean Front in the heart of Mid-Town Ocean City. Wide sandy beach. Easy walk to 10 restaurants in addition to on-site award winning Schooners, shopping, Art League classes, tennis, and playground. Amenities: Largest indoor pool in OC, Hot Tub, Saunas, Ocean Front dining and tiki bar with live entertainment, Room Service, Creative...Forget Location, Location, Location. Princess Royale Resort 2 Bedroom Condo 1002 has the best Location Plus: Amenities, High Year-Round Rentals, and Management! Location: Ocean Front in the heart of Mid-Town Ocean City. Wide sandy beach. Easy walk to 10 restaurants in addition to on-site award winning Schooners, shopping, Art League classes, tennis, and playground. Amenities: Largest indoor pool in OC, Hot Tub, Saunas, Ocean Front dining and tiki bar with live entertainment, Room Service, Creative Day Spa, Convenience Store, Gift Shop, Fitness Room, Game Room, 24 hr Front Desk and Security, Assigned Garage and Valet Parking, Bell Service, Concierge, Cafe on the Green, Banquet and Wedding Venues, Beach Chair and Umbrella Service, Fiber Wi-Fi, daily or weekly Housekeeping Services, Grocery Delivery Service, and Supervised Children's Activities. Highest Year-Round Rentals: Over $90,000 for 2021! Now renting for over $1,200 per night on peak nights this summer. Princess Royale has a huge off-season group base with over 30,000 sq ft of Meeting Space and 1002 is the top choice of VIP's and Group Leaders staying in town. Management: Year-Round, Local, Innovative Hospitality Professionals. Many Key Members have been with the Princess Royale for over 25 years delivering the very best vacation and meeting experiences. Consistently Top Ranked on Trip Advisor - see the Independent Reviews! A very rare opportunity, as the last 2 bedroom condo at the Princess Royale sold over 6 years ago. Unsurpassed rental income with the ability to enjoy this penthouse Condo with your family and friends at your request. Fieldstone handmade cabinetry, Stainless GE Profile and Kitchenaid Appliances, New HVAC in 2019, Tommy Bahama Bedding, and Miles Talbot Furniture. The Resort is wrapping up a $2.5M renovation (already paid for) this Spring including Starbucks Coffee Shop, OceanFront Bar and Grille, new elevators roof and life safety system. Owner is a Maryland Realtor. Attached Independent Appraisal of $723,000. A very unique opportunity, nothing else like it in Ocean City.
- Listed by Michael Foelber • Rutherford RealtyP: 4102080469 foelber@princessroyale.com
Property Details for 9100 Coastal Highway, Unit 1002
Tax ID Number
10-336201
OwnershipCondominium
Condo Coop AssociationYes
HOANo
Entry Floor Number10
Structure TypePenthouse Unit/Flat/Apartment
StyleCoastal, Unit/Flat
Levels/Stories7
LISTING UPDATED: 08/25/2022 07:11 AM
Property Details for 9100 Coastal Highway, Unit 1002
| Status | Closed |
|---|---|
| MLS # | MDWO120204 |
| Days on Market | 331 |
| Taxes | $5,715 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $806 / month |
| Compass Type | Condo |
| MLS Type | Residential / Condo |
| Year Built | 1991 |
| County | Worcester County |
Virtual Tour
Building Information for 9100 Coastal Highway, Unit 1002
Building/ComplexPrincess RoyaleFloor-Stories7Residences-Pet Policy-Year Built1991
Property Information for 9100 Coastal Highway, Unit 1002
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: 91
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: Yes
- Water Oriented: Yes
- Navigable Water: No
- Water Body Type: Ocean
- Water Frontage In Feet: 1.0
Association / Community Info
Association / Community Info
- HOA Condo Coop Fee Includes: Broadband, Cable TV, Common Area Maintenance, Ext Bldg Maint, Health Club, High Speed Internet, Insurance, Management, Pool(s), Reserve Funds, Sauna, Water, Sewer
- HOA Condo Coop Amenities: Bar/Lounge, Beach, Beauty Salon, Cable, Common Grounds, Concierge, Convenience Store, Dining Rooms, Elevator, Exercise Room, Fitness Center, Game Room, Gift Shop, Hot tub, Meeting Room, Picnic Area, Pool - Indoor, Sauna, Security, Spa
- Senior Community: No
- Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2021
- Tax Assessed Value: $404,400
- Year Assessed: 2021
- County Tax: $3,417
- City Town Tax: $1,844
- Clean Green Assessed: No
- Land Use Code: 012
- Zoning: R-3
- Tax Lot: 1002
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
Lease Information
Lease Information
- Pets Allowed: No
- Concessions: No
Rooms
Main
- # Bedrooms Count Main Level: 2
- # Bathrooms Count Main Level: 2
- # Bathrooms Full Main Level: 2
Rooms
- Stories: Main
Building Info
Building Info
- Building Units Total: 0
- Total Finished SQFT: 1,136.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,136.00
- Total SQFT: 1,136.00
- Total SQFT Source: Assessor
- Construction Materials: Concrete, Dryvit
- Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2
- # Bathrooms Full: 2
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 5425533
Parking
Parking
- Type Of Parking: Parking Garage
- Parking Garage - # of Spaces: 1
- Total Garage Spaces: 1
- Garage Features: Covered Parking
Interior Features
Interior Features
- Fireplaces Count: 0
- Accessibility Features: 36"+ wide Halls, Elevator
- Virtual Tour URL Unbranded: https://youtu.be/1F295Tor9G4
Exterior Features
Exterior Features
- Pool: Yes - Community
Utilities
Utilities
- Heating: Yes
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp
- Heating Fuel: Electric
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Coastal Association of REALTORS (MD)
Property History for 9100 Coastal Highway, Unit 1002
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 9100 Coastal Highway, Unit 1002
Taxable ValueLand$283,000Additions$121,400Total$404,400
Tax Record2023$5,700 ($475 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,136 SqFtAbove Grade Finished SqFt1,136 SqFtStyleCondominiumYear Built1991ZoningR-3CountyWORCESTERAPN10-336201Fireplace TypeHas Fireplace
Schools near 9100 Coastal Highway, Unit 1002
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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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. 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 Rutherford 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 08/25/2022 07:11 AM