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Photos
503 S SURF ROAD, Ocean City, MD 21842
$1,090,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
2,648
sqft
Built in
1982
Welcome to your dream home! This 4-bedroom, 3 full bath waterfront property on a serene lagoon has been recently remodeled in a modern style. Additionally, the sunroom has been converted into a spacious 5th bedroom. The home features recessed lighting, stylish light fixtures, and luxury vinyl plank flooring throughout. It has been freshly painted and offers fully remodeled kitchen, bathrooms, along with a new washer and dryer. A new water heater ensures comfort and efficiency. The kitchen is a chef’s delight, boasting a massive luxury quartz kitchen island perfect for entertaining, with plenty of seating around it. The upstairs living room is spacious, featuring a wood-burning fireplace, a 75’’ TV, a wet bar, and two large couches leading to a deck with breathtaking water views and sunsets. Upstairs, you’ll find three more beautifully remodeled bedrooms and full bathrooms. The primary bedroom is generously sized with numerous windows, offering plenty of natural light. The en-suite bathroom includes a walk-in tile shower with a luxurious rain showerhead. This home is fully furnished with modern style and high-quality furniture by Article. The 2-car garage has been converted into a recreation room, complete with games and entertainment options, and ample storage for beach chairs. The property generates a rental income of $75,000 during the season. Outdoor amenities include multiple decks, a boat dock for boats and jet skis, and easy access to the Bay. There are great options for expanding your space. Whether you’re considering purchasing the adjacent lots for $299,500 each, with fencing and mature landscaping, or building another home to create space for a pool or a yard, both choices offer exciting possibilities. Plus, this property is not in a flood zone. This is a must-see property! Don’t miss out on this incredible opportunity!
Features & Amenities
Interior
- General:
- Bar,Bathroom - Walk-In Shower,Combination Kitchen/Dining,Kitchen - Island,Recessed Lighting,Window Treatments
- Flooring:
- Luxury Vinyl Plank
- A/C:
- Central A/C
- Heating:
- Y, Heat Pump(s), Electric
- Fireplace:
- Fireplace, Fireplaces: 2
- Disability Feature:
- 2+ Access Exits
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Coastal
Construction
- Roofing:
- Architectural Shingle
- General:
- Frame, 2, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WORCESTER COUNTY PUBLIC SCHOOLS
- County:
- WORCESTER
Lot
- Zoning:
- R-1, 2410182905
- Current Use:
- R
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Game center (electronic) in the garage, beach chairs, umbrellas and coolers
This listing courtesy of:
Coldwell Banker Realty, INESE DONOFRIO
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Ocean City, MD
Housing
- Number of Units
- 28,700
- Median Home Value
- $351,933
- Median Rent
- $932
28.15% of housing units are renter occupied.
82.27% are vacant.
Commute
- Car
-
75.14%
- Public Transportation
-
3.14%
- Walk to Work
-
3.68%
- Work from Home
-
15.57%
- Other
-
0.52%
The median travel time to work is 19 minutes.
People
- Population
- 9,862
- Median Age
- 51.20
- Median Household Size
- 2.30
Education
- High School
-
30.02%
- Associate’s Degree
-
8.97%
- Bachelor’s Degree
-
20.03%
- Graduate Degree
-
13.38%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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