$668,900

5300 Coastal Hwy Unit 403 Ocean City, MD 21842

$7,943
Closing credit¹
3 beds
2 full
1,311 sqft
$510 / sqft
Condo

Property details

About 5300 Coastal Hwy Unit 403

Stunning Ocean Block Penthouse with Sweeping Ocean & Bay Views Welcome to this top-floor, 3-bedroom, 2-bathroom penthouse in a well-maintained masonry building on 54th Street — just steps from the beach! This fully furnished, family-friendly condo offers an unbeatable combination of location, comfort, and coastal charm. Enjoy breathtaking sunsets from the expansive, west-facing 4th-floor wraparound balcony, boasting both ocean and bay views. Inside, the spacious open-concept living area features soaring cathedral ceilings, a cozy gas fireplace, and abundant natural light. The primary suite includes a walk-in closet and a luxurious en-suite bath with a whirlpool tub. Building amenities include a rooftop outdoor pool, outdoor shower, secure lobby and elevator access, and two assigned covered parking spaces — one of which is handicap accessible. You'll also appreciate the convenient on-site storage closet. With its central location, you'll be just moments from Ocean City's top dining, entertainment, and shopping options. Whether you're looking for a relaxing retreat or a smart investment, this coastal gem has it all!

Highlights

Home typeCondominium
HeatingHeat Pump
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size1,311 sqft
Year built2003
ParkingGarage - Front Entry, Assigned, Off Street,Attached Garage
MLS #MDWO2030746
Garage2 spaces
ViewBay, Water

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Electric Range, Ice Maker, Washer/Dryer Stacked
  • Basement: No
  • Interior: Ceiling Fan(s), Walk-in Closet(s), WhirlPool/HotTub, Window Treatments, Entry Level Bedroom
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Assigned, Off Street,Attached Garage
  • View: Bay, Water
  • Exterior: Outside Shower
  • Architectural Style: Unit/Flat
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $668,900
  • Price/SqFt: $510
  • Annual Tax Amount: $4,249
  • Tax Year: 2024
  • Directions: Rt 90 to Coastal Highway; turn RIGHT onto Coastal Highway and head south; at the light at 52nd Street make a U turn and property will be on your RIGHT (corner of 53rd and Coastal)
  • Year Built: 2003
  • Stories: 1
  • Living Area: 1,311 SqFt
  • Municipality: Ocean City
  • MLS Number: MDWO2030746
  • MLS Name: BRIGHT
  • Office Name: RE/MAX Advantage Realty
  • Office Phone: (410) 723-3600
  • Office Email: blawrence.rma@gmail.com
  • Listing Agent: Terence A. Riley
  • Agent Phone: (443) 880-0512
  • Agent Email: terry@sunsetisland.net

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: 6/3/2025, 10:45:38 PM 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

5300 Coastal Hwy Unit 403, Ocean City, MD 21842 - aerial view of a pool area

$668,900

5300 Coastal Hwy Unit 403

$7,943

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 06, 2019
Home Sold
$338,250

Tax history

YearAssessmentProperty Tax
2024$364,867$4,249
2023$301,500$4,249
2022$301,500$4,260
2021$301,500$4,260
2020$301,500$4,259
2019$299,733$4,264
2018$297,967$4,209
2017$296,200$4,184

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

3.0 mi

12828 Center Dr

9

Showell Elementary School

Public District PK-3

6.7 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. Most Ocean City, MD residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

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

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 5300 Coastal Hwy Unit 403

The listing price of 5300 Coastal Hwy Unit 403 property is $668,900.

The property 5300 Coastal Hwy Unit 403 is a condo located in Ocean City, Maryland, 21842.

Accepting Backup Offers: 5300 Coastal Hwy Unit 403 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 5300 Coastal Hwy Unit 403 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), Sussex Central High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $4,249 (source: MLS/based on county public records data).

The last sale was on May 6, 2019 for $338,250 (source: MLS/tax record).

The property at 5300 Coastal Hwy Unit 403 has 3 bedrooms and 2 bathrooms.

The property 5300 Coastal Hwy Unit 403 is 1,311 SqFt (source: MLS/tax record).

The year of construction for 5300 Coastal Hwy Unit 403 is 2003.

This home is located at 5300 Coastal Hwy Unit 403 in Ocean City, MD and zip code 21842. This 1,311 square foot home was built in 2003. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $668,900.

The number of listings in Ocean City, MD increased by 29.5% between April and May 2025. In May 2025 median list price was $473,566 and the average listing age was 105 days.

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

More resources