Shane Butler

Real Estate Advisor License ID: SP40002637

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Listed by Katie Quinn • Berkshire Hathaway HomeServices PenFed Realty-WOC
Bought with Unrepresented • Unrepresented

$ 387,000

$ 395,000 2.0%

Est. payment -/mo

Sold on 10/02/2026

507 PENGUIN DR #50 Ocean City, MD 21842

2 Beds

2 Baths

816 SqFt

UPDATED:

Key Details

Sold Price $387,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 816 sqft

Price per Sqft $474

Subdivision None Available

MLS Listing ID MDWO2040408

Sold Date 10/02/26

Style Coastal

Bedrooms 2

Full Baths 1

Half Baths 1

Condo Fees $4,400/ann

HOA Y/N N

Abv Grd Liv Area 816

Year Built 1972

Available Date 2026-08-15

Annual Tax Amount $4,056

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

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/ live music, the start of the boardwalk for walks morning walks/bike rides, huge field for kids/dogs to play and Back Bay Adventures to rent jet skis, fishing & boat tours! Inside the home you'll enjoy a fully furnished and equipped turn key home including perks like; central heat/air, vinyl wood floors, custom kitchen cabinetry, granite countertops, SS appliances (fridge/dishwasher/garbage disposal all new!), washer/dryer, two door coded storage closets, convenient half bath on first floor and a nicely updated full bathroom on second with tile showers and updated fixtures. You even have a pull down attic for even more storage, so rare! Walk outside and soak up the sun on your composite deck & furniture. There is also an exterior shed and storage for all your water toys under your deck. Make friends with your fellow boaters, cool off in the pool, kickback relax and enjoy the sunsets w/ your evening dinner or cocktails and come see how inviting this street/overall location really is!

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning R-2

Direction South

Rooms

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Furnishings Yes

Fireplace N

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Garage Spaces 1.0

Parking On Site 1

Amenities Available Pool - Outdoor, Pier/Dock

Water Access Y

Accessibility 2+ Access Exits

Total Parking Spaces 1

Garage N

Private Pool Yes

Building

Story 2

Foundation Crawl Space

Above Ground Finished SqFt 816

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Insurance,Lawn Maintenance,Management,Pier/Dock Maintenance,Reserve Funds,Pool(s)

Senior Community No

Tax ID 2410062942

Ownership Condominium

SqFt Source 816

Special Listing Condition Standard

Pets Allowed Dogs OK, Cats OK

NEARBY SCHOOLS & PROPERTIES

Shane Butler

Real Estate Advisor License ID: SP40002637

+1(202) 330-3009

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