11200 Coastal Highway , 1009 RAINBOW

    OCEAN CITY, MD 21842
    • $325,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: MDWO102574
    UPDATED: 41 min ago
    $325,000
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 990
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1984
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Exceptional Ocean City Resort Investment Condo, potential for $41,000 Gross Rental Income, now booking for 2019 Season. West corner location with due-East ocean view, complimented by panoramic year-round City Lights and Bay views, enjoying both SunRises and SunSets . Quality appointments, tastefully updated, over-sized 1-Bedroom unit reconfigured to add the Den. Private gated covered Veranda with storm shutters provides added outdoor living space with Bay view, relaxing seating area for afternoon reading, crab-picking picnic table for family fun. Full-sized Laundry a must, quieter concrete between units, central fire alarm system. 10th floor of 11, 9th tier is handy to stairway, West elevator, trash chute, no foot traffic past this condo. Grand Hi-Rise with superior In-House Management and Maintenance, In-House Rentals available, Seasonal Lot Guard, heated outdoor pool + youth pool, 1 assigned parking space, bike storage, 2 high speed elevators, large sun deck with Summer beach chairs, flood insurance and premium cable in condo fee @ $393/m, RE Taxes @ 267/m. Pre-inspected + 1-year enhanced Home Warranty. No assessments in 10+ years, $500,000+ in Reserve Account, new generator to be installed at no cost to owners. Additional Guest parking available as occupancy permits. When making your buying decision, consider the added value of this strong and active Association protecting your Investment.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-04-23T11:56:43.71.
    www.easternshorehomesolutions.com/homes/91297131

    11200 Coastal Highway , 1009 RAINBOW OCEAN CITY, MD 21842

    • Price: $325,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: MDWO102574
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    990
    SQFT
    $328
    $/SQFT
    1984
    Built
    Neighborhood:
    None Available
    County:
    Worcester
    Area:
    Direct Oceanfront (80)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    Exceptional Ocean City Resort Investment Condo, potential for $41,000 Gross Rental Income, now booking for 2019 Season. West corner location with due-East ocean view, complimented by panoramic year-round City Lights and Bay views, enjoying both SunRises and SunSets . Quality appointments, tastefully updated, over-sized 1-Bedroom unit reconfigured to add the Den. Private gated covered Veranda with storm shutters provides added outdoor living space with Bay view, relaxing seating area for afternoon reading, crab-picking picnic table for family fun. Full-sized Laundry a must, quieter concrete between units, central fire alarm system. 10th floor of 11, 9th tier is handy to stairway, West elevator, trash chute, no foot traffic past this condo. Grand Hi-Rise with superior In-House Management and Maintenance, In-House Rentals available, Seasonal Lot Guard, heated outdoor pool + youth pool, 1 assigned parking space, bike storage, 2 high speed elevators, large sun deck with Summer beach chairs, flood insurance and premium cable in condo fee @ $393/m, RE Taxes @ 267/m. Pre-inspected + 1-year enhanced Home Warranty. No assessments in 10+ years, $500,000+ in Reserve Account, new generator to be installed at no cost to owners. Additional Guest parking available as occupancy permits. When making your buying decision, consider the added value of this strong and active Association protecting your Investment.
    Exterior Features

    Architectural Style Coastal Assigned Parking Spaces 1 Construction Materials BlockConcrete Direction Faces East Distance To Body Of Water 30 Door Features InsulatedSliding Glass Exterior Features Exterior LightingOutside ShowerSidewalksStreet LightsOther Fencing Chain Link Garage YN No Location Type Oceanfront Other Equipment None Other Structures Above GradeBelow Grade Parking Features AssignedAttendantGeneral Common ElementsPaved ParkingPrivateSurfaceUnder Home Parking Parking Types Off StreetOn StreetParking LotOther Patio And Porch Features BalconyPorch(Es) Pool Yes - Community Property Condition Average+Converted UseShows WellTurn Key Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Built-UpOther Soil Types Sandy View BayOceanStreetWater Water Access Features Boat - PoweredCanoe/KayakFishing AllowedPersonal Watercraft (Pwc)Public AccessPublic BeachSailSwimming AllowedWaterski/Wakeboard Water Access YN Yes Water Body Name Atlantic Ocean Water Body Type Ocean Water Oriented YN Yes Waterfront Features Sandy Beach Waterfront YN Yes

    Interior Features

    Above Grade Fin SQFT 990 Appliances Built-In MicrowaveDishwasherDisposalDryerDryer - ElectricDryer - Front LoadingExhaust FanIcemakerMicrowaveOven - Self CleaningOven - SingleOven/Range - ElectricRefrigeratorStainless Steel AppliancesStoveWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 990.00 Cooling Central A/CHeat Pump(S) Exclusions Itemized Inventory Provided. Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileVinyl Furnished Yes Heating Heat Pump(S) Heating YN Yes Inclusions Itemized Inventory Provided. Interior Features CarpetCombination Dining/LivingEntry Level BedroomFlatFloor Plan - OpenSprinkler SystemUpgraded CountertopsWindow TreatmentsOther Laundry Type Dryer In UnitHas LaundryMain FloorWasher In Unit Levels 1 Main Level Bedrooms 1 Room List Living RoomKitchenDenBedroom 1LaundryBathroom 1 Rooms Total 6 Security Features MonitoredSmoke DetectorSprinkler System - Indoor Spa YN No Unit Floors 1 Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing Bank PortfolioCashConventionalExchangePrivateOther Accessibility Features Level Entry - MainNo StairsOtherElevator Assessment Year 2018 Association Amenities BeachCableElevatorExtra StorageFencingPool - OutdoorReserved/Assigned ParkingSecuritySwimming PoolOther Association Fee Includes Common Area MaintenanceExt Bldg MaintInsuranceLawn Care FrontLawn Care RearLawn Care SideLawn MaintenanceManagementPool(S)Reserve FundsSnow RemovalWaterOtherCable Tv Association Fee2 393.00 Association Fee2 Frequency Monthly Association YN No Builder Model B Builder Name Patt Organization Building Name Rainbow Central Air YN Yes Common Walls 2+ Common Walls Condo YN Yes Cooling Fuel Electric Electric Circuit Breakers Elevators 2 Entry Level 10 Federal Flood Zone XAe Foundation Details Pillar/Post/PierSlab Heating Fuel CentralElectric Historic YN No Hot Water Electric Incorporated City Name Town Of Ocean City Lease Considered YN No Navigable Water YN Y New Construction YN No Number Of Units Total 97 Original MLSNumber 301330745562 Ownership Interest Condominium Possession 0-30 Days Cd31-60 Days CdSettlementSubject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat Tax Annual Amount 3197.18 Tax Assessment Amount 229600.0 Tax Lot 1009 Utilities Cable TvCable Tv AvailableElectric AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN Yes Water Source Public Window Features Double PaneInsulatedScreens Year Built Effective 2014 Zoning R-3 Zoning Description Residential

    Listing courtesy of Keller Williams Realty Delmarva.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-04-23T11:56:43.71.
     
    Long and Foster Real Estate
    107 Williamsport Circle
    Salisbury MD, 21804