$599,900

5001 Atlantic Ave Unit 305 Ocean City, MD 21842

$7,124
Closing credit¹
2 beds
2 full
1,136 sqft
$528 / sqft
Condo

Property details

About 5001 Atlantic Ave Unit 305

This is a DIRECT ocean front, end unit property, with an amazing view from the 3rd floor. Centrally located in mid town OC, close to Fagers Island, Seacrets, Shotti's Point and all the hot spots! Sit on your balcony and watch the dolphins swim while you have your morning coffee & enjoy the sunrise! This is an amazing opportunity to own a 2/2, direct ocean front in a midsize building with an elevator. This could be your dream family beach getaway, or make for an ideal investment property with excellent rental potential due to it's location in town, and direct ocean views! Look no further than the Mooring for that view & opportunity you have been waiting for! This property is being sold AS IS.

Highlights

Home typeCondominium
HeatingForced Air, Heat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size1,136 sqft
Year built1974
ParkingLighted Parking,Assigned, Off Street,On Street,Other,Parking Lot
MLS #MDWO2023134
ViewOcean

Virtual tour

Summary

  • MLS Number: MDWO2023134
  • MLS Name: BRIGHT
  • Office Name: Coastal Life Realty Group LLC
  • Office Phone: (443) 235-8382
  • Office Email: joe@coastallifeoc.com
  • Listing Agent: Jay Pierorazio
  • Agent Phone: (443) 510-3383
  • Agent Email: jaypieroraziooc@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:21:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of water feature featuring a beach view

$599,900

5001 Atlantic Ave Unit 305

$7,124

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 12, 2004
Home Sold
$410,000

Tax history

YearAssessmentProperty Tax
2024$366,133$4,290
2023$304,400$4,290
2022$304,400$4,301
2021$304,400$4,301
2020$304,400$4,300
2019$304,400$4,330
2018$304,400$4,299
2017$323,700$4,572

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

2.9 mi

12828 Center Dr

9

Showell Elementary School

Public District PK-3

6.8 mi

11318 Showell School Rd

8

Berlin Intermediate School

Public District 4-6

8.4 mi

309 Franklin Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,474. The majority of Ocean City, MD residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

34%
<35k
43%
35k-100k
17%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

63%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
33%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Stein MartStein Mart
  • KmartKmart
  • BJs Wholesale ClubBJs Wholesale Club

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • PaneraPanera

What do the neighbors drive?

  • LexusLexus
  • BuickBuick
  • InfinitiInfiniti

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Ocean City, MD

About 5001 Atlantic Ave Unit 305

This home is located at 5001 Atlantic Ave Unit 305 in Ocean City, MD and zip code 21842. This 1,136 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $599,900.

Ocean City, MD housing market in February 2025 saw over 8 listings sold above listed price, more than 8 sold at listed price and over 35 sold below. The number of listings in Ocean City, MD increased by 25.2% between January and February 2025. While the average time on the market in February 2025 was 77 days, the median list price was $460,714.

From Rocket Homes Real Estate and based on county public records data.

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