$4,511 Closing Credit¹
#MDWO2026616, Dennis A Michalos, Listing Office: Lazar Real Estate
$339,900 List price
510 Penguin Dr Unit 302 Ocean City, MD 21842
$4,036
Closing credit¹
2 beds
2 full
1,080 sqft
$315 / sqft
Condo
Property details
About 510 Penguin Dr Unit 302
MOTIVATED SELLER, Concessions entertained. Sandy Lane Estates. Great location. This 2 bed, 2 bath condo is located in the heart of everything you could want for a Beach home/vacation/investment property. Perfectly located off 32nd Street. Only a short walk to "everything". The Ocean, Jolly Rogers, Mini Golf., all kinds of Restaurants and Entertainment. The Ocean City Convention Center is close by. After a day at the beach you can relax on your oversized balcony overlooking the large community pool. Tennis and Basketball courts are available too. You have side views of the Bay and Canal. Evening sunsets are breath taking. The property is enrolled in a Rental program. Buyer must honor 2025 reservations. This is a well maintained, furnished and inviting property. Make an appointment to see this condo while it is still available.
Highlights
Home typeCondominium
HeatingHeat Pump
StatusActive
(ACTIVE)
(ACTIVE)
CoolingHeat Pump
Size1,080 sqft
Year built1973
ParkingAsphalt Driveway, Off Street,Parking Lot
MLS #MDWO2028700
ViewBay, Canal
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Oven, Electric Range, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
- Basement: No
- Flooring Type: Luxury Vinyl Plank
- Interior: Bathroom - Walk-In Shower, Floor Plan - Open, Pantry, Window Treatments
- Total Bedroom Count: 2
- Parking: Asphalt Driveway, Off Street,Parking Lot
- View: Bay, Canal
- Exterior: Tennis Court(s), Sidewalks
- Architectural Style: Coastal
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $339,900
- Price/SqFt: $314
- Directions: From Coastal Hwy take 32nd Street towards Bay. Go straight. 510 Sandy Lane Estates on Left
- Year Built: 1973
- Stories: 1
- Living Area: 1,080 SqFt
- Municipality: Ocean City
- MLS Number: MDWO2028700
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty Delmarva
- Office Phone: (410) 524-6400
- Office Email: lwbunting@comcast.net
- Listing Agent: Bud Cumberland
- Agent Phone: (703) 801-2344
- Agent Email: budcumberland@outlook.com
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: 5/14/2025, 10:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$339,900
510 Penguin Dr Unit 302
$4,036
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
10
Ocean City Elementary School
Public District PK-4
1.7 mi
•12828 Center Dr
9
Showell Elementary School
Public District PK-3
6.3 mi
•11318 Showell School Rd
8
Berlin Intermediate School
Public District 4-6
7.3 mi
•309 Franklin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,076. The majority of Ocean City, MD residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
38%
35k-100k
20%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
22%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
PGA/LPGA
Where do the neighbors shop?
Kmart
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Sonic
What do the neighbors drive?
Buick
Ford
Lincoln
What do the neighbors listen to?
Oldies
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Ocean City, MD
Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.
The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.
Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.
Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.
About 510 Penguin Dr Unit 302
The listing price of 510 Penguin Dr Unit 302 property is $339,900.
The property 510 Penguin Dr Unit 302 is a condo located in Ocean City, Maryland, 21842.
Active Listing: 510 Penguin Dr Unit 302 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 510 Penguin Dr Unit 302 are: Ocean City Elementary School (GreatSchools Rating 10/10), Showell Elementary School (GreatSchools Rating 9/10), Berlin Intermediate School (GreatSchools Rating 8/10), Stephen Decatur Middle School (GreatSchools Rating 10/10), Selbyville Middle School (GreatSchools Rating 5/10), Southern Delaware School of the Arts (GreatSchools Rating 8/10), Stephen Decatur High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Snow Hill High School (GreatSchools Rating 5/10).
The property at 510 Penguin Dr Unit 302 has 2 bedrooms and 2 bathrooms.
The property 510 Penguin Dr Unit 302 is 1,080 SqFt (source: MLS/tax record).
The year of construction for 510 Penguin Dr Unit 302 is 1973.
This home is located at 510 Penguin Dr Unit 302 in Ocean City, MD and zip code 21842. This 1,080 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $339,900.
In April 2025 in Ocean City, MD there were 30.2% more homes for sale than in March. The median list price of listings available in April 2025 was $468,160, while the average time on the real estate market was 100 days.
From Rocket Homes Real Estate and based on county public records data.