Courtesy of Gail Crosby, Resort Real Estate Inc gailcrosbyrealtor@gmail.com
Property Description
The beach life could be yours at The Eldorado! Cute 1 bedroom condo, well maintained through the years, and just steps to the beach. It’s also just a block away from Coconuts and close to other great eating and nightlife. This is in a great mid town location. This is a 3rd floor walk up, has an ocean view from the balcony, has a full kitchen, washer/dryer, 2 wall a/c units and baseboard heat. New LVP flooring was installed this year. Private parking for 1 car. Turn key / no exclusions. This has rented seasonally to the same tenant for 16 years. We do not have a lease for 2025 yet, trying to sell first, however the same couple would like to rent it again. The reserve study has been completed, annual condo fees $2400, paid in 2 installments. Seller has paid $4000 assessment for roof work to be completed. ** It is the seller’s intent to enter into a 1031 Tax Deferred Exchange at no cost to the buyer. **
Open House
Property Details and Features
-
Bathrooms
- 1 full bathroom
- 1 full bathroom on main level
-
Bedrooms
- 1 bedroom
- 1 bedroom on main level
-
Building
- 645 sqft living area
- 645 sqft above grade (finished)
- Built in 1972
- Structure Type: Unit/Flat/Apartment
- 1 levels
- Block
- Concrete
-
Cooling
- Electric
- Wall Unit
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Heating
- Electric
- Baseboard – Electric
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Home Owner’s Association
- Condo/Coop Association
- Condo/Coop Fee : $1,200
- Condo/Coop Fee Freq: Semi-Annually
- None
- Common Area Maintenance
- Insurance
-
Listing
- 33 days on market
- $464 per sqft
- Property SubType: Condominium
- Concession In Price: Y
-
Location
- Municipality: Ocean City
- County: Worcester
- MLS Area: Ocean Block (82)
- Subdivision: None Available
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Lot
- Lot Size Dimensions: 0.00 x 0.00
-
Property
- Other Structures: Above Grade,Below Grade
-
Schools
- School District: WORCESTER COUNTY PUBLIC SCHOOLS
- Elementary School: OCEAN CITY
- Middle School: STEPHEN DECATUR
- High School: STEPHEN DECATUR
-
Sewer
- Public Sewer
-
Taxes
- City/Town Tax: $837
- City/Town Tax Pymnt Freq: Annually
- County Tax: $1,598
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $2,648
- Tax Year: 2024
-
Utilities
- Hot Water: Electric
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This content last updated on November 23, 2024 12:02PM.