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sales rep | Brivity IDX

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501 Penguin Drive 1a01 , Ocean City, MD 21842
$560,000
Est. Payment: $2,980.56/mo
3 Bed
3 Bath
1118 Sqft
Status: active | Days on site: 141
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EXXP2 - 4923,3055202
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House Description

Bright, sunny end unit in Crab Cove!! Beautifully kept 3-bedroom, 2-1/2 bath home with a modern kitchen with window, newer cabinets and new Samsung kitchen appliances. The kitchen includes pantry storage for all the extras needed for the beach days! The living room seats 7-8 people and leads out to the covered deck overlooking the bay with fabulous sunsets!! Here is where you could take the stairs down to the boat dock. The owner's suite has a queen bed and bath with a shower along with a small balcony to sit and enjoy the ocean air!! The 2nd bedroom has a queen bed with access to the hall bath and a small balcony. Upstairs is the 3rd bedroom for guests. The dock in the back of the property can be accessed by walking around the home to the lift by Hi Tide Boat Lift or down the stairs from the deck. The Community boat slip is just next to your dock on the end. Close to restaurants, shopping and best of all Jolly Roger Amusements! Kids playground!! Sit back, relax and enjoy the best of Ocean City!!

Highlights

Listed by Karen D Rollings , 3019248200 and Kathleen M Workman , 3019383519 EXP Realty, LLC , 3019248200. Bright MLS

Property Type

Condo

Year Built

1983

County

Worcester

Area

Worcester East of Rt-113

Neighborhood

None Available

School District

Worcester County Public Schools

Listing ID

MDWO2039072

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Air Cond:Ceiling Fan(s),Ductless/Mini-Split
Fireplaces:
Above Ground Sq Ft:1118
Other:
  • ▪ Additional:Dogs OK, Cats OK, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,Waterfront,In City Limits
Lot Dimensions:0.00 x 0.00
Zoning:R-2
Others:
  • ▪ Additional:Pool - Outdoor, Lawn Maintenance, Trash
Sewer:Public Sewer
Parking Features:Parking Lot,On Street
Principal Interest
$2,981
Taxes
$387

Home Price

$560,000

Loan Details

30 yrs
7%

Down Payment

20%
$112,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,980.56

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,980.56 $386.58 $400.00 $3,767.14
Yearly $35,766.66 $4,639.00 $4,800.00 $45,205.66
Total $1,072,999.86 $139,170.00 $144,000.00 $1,356,169.86
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ocean City, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS