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Property view

8800 Coastal Hwy #705, 
Ocean City, MD 21842

$475,000


2

Beds


2

Baths


1,225

Sq Ft


Condo

Sold

Bought with Cummings & Co Realtors

MLS#

MDWO2018414

Source:

BRIGHTMLS

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About This Home

8800 Coastal Hwy #705

SELLLERS PAYING THE ENTIRE 2024 CONDO FEE/ASSESSMENT (18,540.00) FOR RENOVATION OF NORTH TOWER AND POOL DECK . CONDO FEES FOR 2025 are 2,650.00 QUARTERLY AND 2026 2,400 QUARTERLY. The spacious Oceanfront 2 BR/Den condominium with 2 full baths, freshly painted and fully furnished with all modern appliances; central air conditioning and heat, newer washer and dryer, dishwasher. This condo boasts a SPECTACULAR OCEANFRONT VIEW from its large Oceanfront balcony and an Ocean View from the Master Bedroom window. Additionally, Sea Terrace 705 has a rare view for Ocean City, with a southern facing wrapped balcony. This is one of the only buildings with Ocean and Bay views from one LARGE balcony - watch the sun rise and set from the same chair! This condominium has hurricane shutters, upgraded sliding glass doors, and upgraded bathrooms with new vanities and lighting. Just steps off the elevator with nice Bay views. Great built in rental history spanning over 6 years with the same owner; grossing $25,450 (2022) & $20,650 (2023). Located in convenient mid-town, Sea Terrace is just steps to a wider stretch of Ocean City beach and Atlantic Ocean and walking distance to restaurants, shopping, grocery store, nightlife, Art League, basketball courts, playground, and dog park. Building amenities include Oceanfront heated outdoor pool with large sundeck, 3 elevators, tennis, and on site security and management. Private parking with overflow lot and plenty of free street parking. Secure beach lockers available for $100/yr. Condo fees for 2024: $4,650/quarterly (includes assessment for renovation of north tower and pool deck). Condo fees for 2025: $2,650/quarterly. Fees for 2026: $2,400/quarterly.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1974

Price Summary

515,000

$420 per Sq. Ft.

MLS #:

MDWO2018414

Sold:

September 6, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,225 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

1,225 Sq. Ft.

Year Built:

1974


Finances & Disclosures

Finances

Price:

$515,000

Price per Sq. Ft:

$420 per Sq. Ft.

8800 Coastal Hwy #705
Source:BRIGHTMLS
The information being provided by Bright MLS 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. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.