9100 Coastal Highway Unit #520, Ocean City, MD, MD 21842

$229,900
1
BD
1
BA
524
SqFt
List Price
$229,900
Closing Date
Mar 26, 2021
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
524
Building Name
Princess Royale
Area
Oceanfront Indirect View (81)
Year Built
1991
Status
PENDING
MLS#
MDWO120340

Property Description

Location/Amenities/Rentals! This beautiful, recently renovated one-bedroom Ocean View condo is located in the finest hotel on the beach. Featuring updated kitchen, living room with pull out sofa, rare spacious King Tempur-Pedic bedroom, and ocean/bay view balcony, this professionally managed condo (ranked #2 on Trip Advisor for Ocean City) sleeps 4 and has grossed over $35,000 per year. Savor coffee with sunrise over the ocean and a cocktail with sunset over the bay from your balcony. Enjoy the very best amenities at the beach including huge four season atrium with Olympic sized pool, hot tub, oceanfront dining and bars with live entertainment, room service, Creative Day Spa, 24 hour front desk, bell and concierge service, gift shop, Starbucks coffee shop, game room, fitness room, beach chair and umbrella service, supervised children's activities, and parking garage - no other condo in town comes close! Easy walk to 10 restaurants in addition to on-site award winning Schooners restaurant, shopping, Art League classes, tennis and playground. The Princess Royale is also the largest convention hotel in Ocean City with strong rentals in the off season to compliment the busy summer. Will complete $2.5M renovation (already paid for) this spring. A very unique opportunity - nothing else like it in Ocean City.

Additional Information

Building Name
Princess Royale
Condo Fee
$354
Taxes
$2,894
Amenities
Bar/Lounge, Beach, Beauty Salon, Cable, Common Grounds, Concierge, Convenience Store, Dining Rooms, Elevator, Exercise Room, Fax/Copying, Fitness Center, Game Room, Gift Shop, Guest Suites, Hot tub, Laundry Facilities, Meeting Room, Picnic Area, Pool - Indoor, Sauna, Satellite TV, Security, Spa, Swimming Pool, Water/Lake Privileges
Style
Unit/Flat
Cooling
Heat Pump(s)
Heating
Heat Pump(s)
Days on Market
6
Inclusions
All Furnishings convey.

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Calculator source: Real Geeks

Listing courtesy of Rutherford Realty.