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Home/Real Estate/Worcester/Ocean City/21842/None Available/507 PENGUIN DR #50, OCEAN CITY, MD, 21842
MLS# MDWO2040408Listed by Berkshire Hathaway HomeServices PenFed Realty-WOC
507 PENGUIN DR #50, OCEAN CITY, MD 21842
$395,000Active
2Beds
1.1Baths
816Sq Ft
0Lot sqft
About This Property
Welcome to the beautiful bayfront community of Bay Cove I. This is a two bedroom affordable townhome w/ gorgeous south facing bay views, an outdoor pool, and conveys with your very own boat slip and lift! Nestled in the start of peaceful midtown OC just a few blocks from a grocer/deli, Jolly Rogers waterpark, go carts, mini golf, loads of restaraunts, Anthonys Deli, Castle in the Sand beach bar w/…
Key Facts
StatusActive
MLS #MDWO2040408
Property TypeResidential
Days on Market2
Year Built1972
StyleCoastal
Levels / Stories2
New ConstructionNo
OwnershipCondominium
Tax ID2410062942
ZoningR-2
Interior
Living Area816 sq ft
Above Grade Fin.816 sq ft
FireplaceNo
BasementNo
LaundryDryer In Unit, Washer In Unit
Exterior & Lot
ConstructionFrame, Vinyl Siding
FoundationCrawl Space
Other StructuresAbove Grade, Below Grade
PoolYes - Community
WaterfrontYes
Water ViewNo
Water AccessYes
Navigable WaterYes
Parking
GarageNo
Total Parking1
Parking TypesParking Lot
Parking FeaturesAssigned
Utilities
HeatingYes
Heating TypeCentral
Heating FuelElectric
Central AirYes
Cooling TypeCentral A/C
Cooling FuelElectric
Hot WaterElectric
Water SourcePublic
SewerPublic Sewer
Taxes & Assessment
Annual Taxes$4,056 / 2025
Assessed Value$349,200 / 2026
County Tax$2,414
City / Town Tax$1,310
Community & Schools
CountyWORCESTER-MD
SubdivisionNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
HOANo
Senior CommunityNo
Pets AllowedDogs OK, Cats OK
Location & Nearby Businesses
507 PENGUIN DR #50, OCEAN CITY, MD, 21842
Get Driving DirectionsSource: Real Estate Property Source Bright MLS
Est. Monthly Payment
$1,997/mo
Home Price$395,000
Down Payment (20%)$79,000
Loan Amount$316,000
Interest Rate (est.)6.50%
Loan Term30 Years
* Estimate reflects principal & interest only — excludes property taxes, homeowners insurance, mortgage insurance, and any HOA/condo dues if applicable, all of which affect your actual payment. Contact a mortgage professional for additional figures.
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