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Sold for $180,000 on 01/06/25
  • $180,000

    7 45th St UNIT 104, Ocean City, MD 21842

    0beds
    288sqft
    Condominium
    Built in 1989
    -- sqft lot
    $181,500 Zestimate®
    $625/sqft
    $1,246 Estimated rent

    What's special

    Discover the perfect beachside retreat in the heart of Midtown Ocean City, Maryland with this charming first-floor studio condo. Ideally situated just steps from the beach, you’ll enjoy direct access to the sand and surf without the hassle of a long walk. Location is what makes this property really shine; adjacent to the newly renovated Sea Loft Hotel and walking distance to Belly Busters, Seacrets, Aloft Bayfront Tiki Bar, Macky’s and more. This cozy studio has been recently updated to offer everything you need for a delightful coastal getaway. The space features new herringbone luxury vinyl planks and a stylish walk-in shower with contemporary black fittings. The well-equipped kitchenette boasts light wood cabinets, granite countertops, a stainless steel slim overhead microwave, a retro fridge, and essential small appliances, making meal preparation a breeze. The combined living and bedroom area includes a queen-sized bed, large closet, a small loveseat with storage, a through-the-wall AC and heat unit, a smart TV, and large sliding windows that fill the space with natural light. Convenience is key with a designated parking spot right out front, and the condo is easily accessible via a short flight of stairs or a handicap ramp on the first floor. Additionally, you’ll benefit from a storage locker in the back unit for all your beach gear. Recent building assessments ensure the property’s security and necessary updates, and low HOA fees reflect the new condo reserve study requirements. With a low cost of maintenance, upkeep, and utilities, this condo is an affordable investment for either a vacation home or a rental property. With 8 years of rental history and an average gross rental income of $25,000 per year, it offers an excellent opportunity to offset costs while enjoying the beachside lifestyle. Don’t miss out on owning this ideal coastal escape in Ocean City!

    Zillow last checked: 8 hours ago

    Listing updated: January 17, 2025 at 09:57am

    Listed by:

    Elaine Evans 410-726-4811,

    Fathom Realty MD, LLC

    Bought with:

    LISA M JACKSON, RS-0038166

    Engel & Volkers Ocean City

    Source: Bright MLS,MLS#: MDWO2026182MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Wall Unit, Electric
    Cooling
    • Wall Unit(s), Electric
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 288
    • Total interior livable area: 288 sqft
    • Finished area above ground: 288
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Waterfront features: Ocean
    • Body of water: Atlantic Ocean
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410067413
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Combination
    Condition
    • New construction: No
    • Year built: 1989
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available, Cable Available, Cable

    Community & neighborhood

    Location
    • Region: Ocean City
    • Subdivision: None Available
    • Municipality: Ocean City

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $2,300 annually
    • Amenities included: Common Grounds, Storage, Reserved/Assigned Parking
    • Services included: Maintenance Structure, Insurance, Management, Reserve Funds, Snow Removal, Trash
    • Association name: OCEAN WAYE 45
    Other fees
    • Condo and coop fee: $0 unknown
    Other financial information
    • Total actual rent: 25000

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $181,500
    2% more+ $3,630
    With Zillow Showcase(estimated)
    $185,130