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Image 1 - 5901 Atlantic Ave Unit 513, Ocean City, Maryland, 21842 - Condo for sale

Image 2 - 5901 Atlantic Ave Unit 513, Ocean City, Maryland, 21842 - Condo for sale

Image 3 - 5901 Atlantic Ave Unit 513, Ocean City, Maryland, 21842 - Condo for sale

Image 4 - 5901 Atlantic Ave Unit 513, Ocean City, Maryland, 21842 - Condo for sale

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Condo For Sale In Ocean City, Maryland

5901 Atlantic Ave Unit 513, Ocean City, Maryland, 21842

Condo For Sale In Ocean City, Maryland

condo for sale

4 views

Listed: 03/31/24

5901 Atlantic Ave Unit 513, Ocean City, Maryland, 21842

3 Bed:

3 Bath:

1,530 Sq Ft Living Area:

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Price

$ 760,000

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About This Condo

Don't miss your chance to purchase a place in one of Ocean City's finest condominiums - The Adagio. Not many come on the market, but here is your chance to own a South facing 5th floor unit with views of the ocean and bay! This beachfront building is centrally located midtown and has an indoor pool, fitness center and 2 assigned parking spaces. This turn-key 3-bedroom and 3-full bath unit comes fully furnished and is ready for your enjoyment. Its the perfect choice for year-round living, vacationing or as an investment with $46k in rental income generated in 2023. Buy now in time for the Summer season!

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Ocean City Housing & Living

Average sale prices for condos

2 bed

Show as List Show as Graph

Month	Median Price
May 2024	$446,121 (+6.7%)
Apr 2024	$418,269 (0%)
Mar 2024	$418,269 (0%)
Feb 2024	$418,269 (0%)
Jan 2024	$418,269 (+6.6%)
Dec 2023	$392,414 (-10.8%)

In May 2024, the asking price for 2 bed condos for sale in/near Ocean City, United States averaged $446,121, an increase of 6.7% from the previous month.

Median price trends for properties for sale in Ocean City, United States as of May 2024.

Household Income

Median household income: $54,659

Number of households: 3,412

The average household income in Ocean City, MD grew from $53,288 to $54,659 in the past year. This data is an estimate based upon 3,412 households in Ocean City, MD.
The chart below presents how household income is distributed in Ocean City, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ocean City, MD compared to median property taxes around the country. The prevalent amount of property taxes in Ocean City, MD equals $3k+ , which is more than the national average.