Active

12108 Coastal Hwy #304b

Ocean City MD, 21842

$36,000


$32.94 per sqft

Active

2 Beds

2 Baths

1,093 sqft

Other

Built in 1987

PLEASE NOTE this is a Fractional Ownership sale. The owner does not own 100% of the condo for this low price but it is turn key to use for 13 weeks per year, on a rotating schedule. The buyer is purchasing a deed for fraction of 1/4 of the full condo deed, so a buyer will be a fractional owner of the unit for use of designated weeks only. NEW PRICE - LOWEST PRICE IN THE QUARTERS...DO NOT WAIT! What an opportunity! Own a getaway in Ocean City for under 40,000? Your "B" quarter fractional deeded ownership of this 2 bedroom 2 bath condo gives you the opportunity to vacation at the beach on a rotation with 13 weeks (on rotation, you get a 2 week Fri-Fri stay totaling 13 weeks per year). You can use yourself, rent out or put into a timeshare program. The open floor plan has a living room, separate dining room, kitchen with breakfast bar, and two good-sized bedrooms. Plus, also has laundry in the condo and is one of few accessible units in building. Located in a very popular part of town, you're close to restaurants (too many to list), grocery, pharmacy, shopping, entertainment and of course, the beach. It is only a short stroll to the sand. The building offers parking and elevator, as well as a storage closet for the unit (and owners have inside own locked storage, too). The pool has a wonderful sundeck. But saved the best for last...included in your condo fees are taxes, insurance, electric (power, heat and a/c), repairs, furnishings, cleaning, linens and regular maintenance. Basically , all operational expenses included! What a unbelievable concept. View the Virtual Tour online for a walk-thru (may be a similar unit but all have same furnishings and carpet has been replaced since video made). Next weeks are JAN 31-FEB 14. Don't miss this incredible alternative to owning a traditional condo in OC. There are no rentals to honor with this sale. Other upcoming weeks include 2025: March 28-April 11, May 23 - June 6, July 18-August 1, Sept 12-Sept 26, Nov 7-Nov 21.
2026: Jan 2-Jan 9, March 3-March 27, May 8-May 22, July 3-July 17, Aug 28-Sept 11, Oct 23-Nov 6, Dec 18-Jan 1.
2027 weeks - Jan 22-29, Feb 26-March 12, April 23-May 6, June 18-July 2, Aug 13-Aug 27, Oct 8-Oct 22. 2028 weeks - Jan 4-Jan 21, Feb 4-Feb 18, March 31-April 14, May 26-June 9, July 28-Aug 4, Sept 15-Sept 29, Nov 10-Nov 24.
2029 weeks - Jan 5-Jan 12, March 2-March 16, April 27-May 11, June 22-July 6, Aug 17-Aug 31, Oct 12-Oct 26.
2030 weeks - Jan 18-25, Feb 15-March 1, April 12-April 26, June 7-June 21, Aug 2-Aug 16, Sept 27-Oct 11, Nov 22-Dec 6.
2031 weeks - Jan 10-Jan 17, Jan 31-Feb 14, March 28-April 11, May 23-June 6, July 18-Aug 1, Sept 12-Sept 26, Nov 7-Nov 21.

MDWO2028294

MLS ID

January 30, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Elevator


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Architectural Style

Coastal


Sewer

Public Sewer

School Information

School District

WORCESTER COUNTY PUBLIC SCHOOLS

Other Property Details

Area Name

Ocean City


Taxes

$1,845


Tax Frequency

Annually


Days on Market

11


Association Amenities

Pool


Garage

No


View

Yes


View Description

Bay, Canal, Water


County

WORCESTER


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/6/2025

Price change

$36,000

-3%

1/31/2025

Active

Listed by Berkshire Hathaway HomeServices PenFed Realty
Listing Contact: 4433657021 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/12/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/12/2025 at 3:12 PM UTC

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