$5,047 Closing Credit¹
#MDWO2028088, Dallas Taylor Godman, Listing office: Atlantic Shores Sotheby's International Realty
$419,000 List price
8500 Coastal Hwy Unit 501 Ocean City, MD 21842
$4,976
Closing credit¹
2 beds
2 full
1,020 sqft
$411 / sqft
Condo
Property details
About 8500 Coastal Hwy Unit 501
*MASSIVE REDUCTION IN PRICE!!* Motivated seller just reduced the price below the assessed value! Their loss could be your gain, just in time for summer to kick off! Enjoy laid back beach life with the sound of the waves and a salty breeze just steps outside your door! This furnished 2 bedroom 2 full bath unit has views of both the bay and the ocean! Combination kitchen/living room area with an island. Master bathroom has a jacuzzi style bathtub. Hall bath has a stand up shower. Unwind on the enclosed balcony that features full-view sliding, screened in windows and is accessible from the living room and master bedroom. Some amenities include heated pool, sauna and secure lobby with on-site management. Building has installed eco-conscious geothermal heating and cooling ensuring energy efficiency without compromising comfort.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size1,020 sqft
Year built1976
ParkingParking Lot,Off Street
MLS #MDWO2029680
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Washer, Refrigerator, Stove, Dishwasher, Freezer, Ice Maker, Microwave, Oven, Electric Range, Water Heater
- Basement: No
- Flooring Type: Carpet
- Interior: Carpet, Combination Kitchen/Living, Window Treatments, Bathroom - Jetted Tub, Bathroom - Stall Shower, Sprinkler System
- Total Bedroom Count: 2
- Parking: Parking Lot,Off Street
- Exterior: Exterior Lighting, Fire Escape, Outside Shower, Sidewalks, Street Lights
- Architectural Style: Coastal
- Heating: Central
- Cooling: Central Air
- List Price: $419,000
- Price/SqFt: $410
- Annual Tax Amount: $3,003
- Tax Year: 2024
- Directions: Coastal Highway to right on 85th St. Oceanfront Building sits on the right. Take elevator to the 5th floor.
- Year Built: 1976
- Stories: 1
- Living Area: 1,020 SqFt
- Municipality: Ocean City
- MLS Number: MDWO2029680
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (410) 543-4545
- Office Email: greg.goldman@cbmove.com
- Listing Agent: Michele Ange
- Agent Phone: (410) 936-8667
- Agent Email: michele.ange@cbrealty.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: 6/16/2025, 8:45:35 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
$419,000
8500 Coastal Hwy Unit 501
$4,976
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 1999 | Home Sold | $121,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $227,067 | $3,003 |
| 2023 | $213,100 | $3,003 |
| 2022 | $213,100 | $3,011 |
| 2021 | $213,100 | $3,011 |
| 2020 | $213,100 | $3,010 |
| 2019 | $213,100 | $3,031 |
| 2018 | $213,100 | $3,010 |
| 2017 | $257,000 | $3,630 |
History based on county public records data.
Nearby schools
10
Ocean City Elementary School
Public District PK-4
4.7 mi
•12828 Center Dr
9
Showell Elementary School
Public District PK-3
7.2 mi
•11318 Showell School Rd
7
Showell (Phillip C.) Elementary School
Public District KG-5
9.3 mi
•41 Bethany Rd
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 $44,474. Most Ocean City, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically 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/LPGA
Figure Skating
Skiing/snowboarding
Where do the neighbors shop?
Stein Mart
Kmart
BJs Wholesale Club
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Panera
What do the neighbors drive?
Lexus
Buick
Infiniti
What do the neighbors listen to?
Oldies
Adult Hits
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 8500 Coastal Hwy Unit 501
The listing price of 8500 Coastal Hwy Unit 501 property is $419,000.
The property 8500 Coastal Hwy Unit 501 is a condo located in Ocean City, Maryland, 21842.
Active Listing: 8500 Coastal Hwy Unit 501 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8500 Coastal Hwy Unit 501 are: Ocean City Elementary School (GreatSchools Rating 10/10), Showell Elementary School (GreatSchools Rating 9/10), Showell (Phillip C.) Elementary School (GreatSchools Rating 7/10), 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 $3,003 (source: MLS/based on county public records data).
The last sale was on December 30, 1999 for $121,000 (source: MLS/tax record).
The property at 8500 Coastal Hwy Unit 501 has 2 bedrooms and 2 bathrooms.
The property 8500 Coastal Hwy Unit 501 is 1,020 SqFt (source: MLS/tax record).
The year of construction for 8500 Coastal Hwy Unit 501 is 1976.
This home is located at 8500 Coastal Hwy Unit 501 in Ocean City, MD and zip code 21842. This 1,020 square foot home was built in 1976. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $419,000.
In May 2025 in Ocean City, MD there were 29.5% more homes for sale than in April. 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.