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Skip Tolley

skip@captainwaterfront.com +1(410) 935-7500

Listed by Mechelle Nichols • Berkshire Hathaway HomeServices PenFed Realty

$ 1,099,000

Est. payment | -/mo

5 Beds

3 Baths

1,740 SqFt

Save

$ 1,099,000

Est. payment | -/mo

Save

5 Beds

3 Baths

1,740 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 1,740 sqft

Price per Sqft $631

Subdivision None Available

MLS Listing ID MDWO2036396

Style Colonial

Bedrooms 5

Full Baths 3

Condo Fees $3,022/qua

HOA Y/N N

Abv Grd Liv Area 1,740

Year Built 1966

Annual Tax Amount $11,757

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

4607 Atlantic Ave., Unit 31 Ocean City, Maryland - Price Reduced Motivated Seller! Ocean Colony offers direct oceanfront living with sweeping, unobstructed Atlantic Ocean views and approximately $100,000+/- in rental income potential in a prime midtown Ocean City location. This three-level oceanfront townhome is designed for both coastal living and strong investment performance, featuring three spacious decks with maintenance-free composite decking that provide multiple outdoor living spaces to enjoy both sunrise and sunset skies. The ground/main entry level features an open-concept living, dining, and kitchen area ideal for gathering and entertaining, along with an updated kitchen offering quartz countertops, subway tile backsplash, breakfast bar seating, and a separate dining area. Sliding glass doors lead to a covered deck overlooking the dunes with a peek of the ocean, creating a naturally sheltered setting while remaining just steps from the sand. The dune location provides added protection typical of oceanfront properties, while the sandy beach beyond offers the perfect place to relax and play. This level also includes a bedroom with French doors and a wall of windows capturing ocean views and abundant natural light, plus a full hall bathroom. The second floor offers the largest bedroom, serving as the primary suite due to its generous size, featuring ocean views and abundant natural light, along with a full hall bathroom and an additional bedroom with sliding doors leading to a spacious deck showcasing beautiful sunset views. The top floor includes two additional bedroom areas, a full bathroom, and an oversized deck with direct oceanfront sunrise views and unobstructed vistas stretching north and south along the coastline. With five bedrooms and three full bathrooms, this property comfortably accommodates large groups, making it an excellent investment property, vacation home, or year-round residence. Additional highlights include direct beach access from the unit, deeded beach rights, a community pool, and ample reserved community parking for residents and guests, plus additional street parking. The professionally managed condominium association is well maintained and offers added peace of mind. Sold fully furnished for a seamless transition, this midtown oceanfront opportunity is just steps from shopping, dining, amusements, and nightlife—delivering the ultimate coastal lifestyle with exceptional income-producing potential.

Location

State MD

County Worcester

Area Direct Oceanfront (80)

Zoning R-3

Rooms

Main Level Bedrooms 1

Interior

Interior Features Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Floor Plan - Open, Upgraded Countertops

Hot Water Electric

Heating Baseboard - Electric, Central, Forced Air

Cooling Central A/C

Equipment Built-In Microwave, Dishwasher, Dryer, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer

Furnishings Yes

Fireplace N

Appliance Built-In Microwave, Dishwasher, Dryer, Disposal, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer

Heat Source Electric

Laundry Main Floor

Exterior

Garage Spaces 2.0

Amenities Available Beach, Pool - Outdoor, Swimming Pool, Reserved/Assigned Parking

Waterfront Description Sandy Beach

Water Access Y

Water Access Desc Swimming Allowed

View Ocean, Panoramic, Scenic Vista

Accessibility Other Bath Mod

Total Parking Spaces 2

Garage N

Building

Story 3

Foundation Crawl Space, Pilings

Above Ground Finished SqFt 1740

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Ext Bldg Maint,Insurance,Management,Pool(s),Reserve Funds,Trash

Senior Community No

Tax ID 2410068487

Ownership Fee Simple

SqFt Source 1740

Special Listing Condition Standard

Pets Allowed Case by Case Basis

Nearby Locations

Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500 | skip@captainwaterfront.com

4607 ATLANTIC AVE #31 Ocean City, MD 21842

Skip Tolley

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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4607 ATLANTIC AVE #31