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507 Penguin Dr #53, Ocean City, MD 21842

Ocean City
Local realty services provided by:CENTURY 21 Above and Beyond
507 Penguin Dr #53,Ocean City, MD 21842
$345,000
Virtual Tour
  • 2 Beds
  • 2 Baths
  • 816 sq. ft.
  • Townhouse
  • Active
Upcoming open houses
  • Sat, Oct 24
    10:00 am - 12:30 pm
Listed by: mary e rice
Office: engel & volkers ocean city
MLS#:MDWO2041850
Source:BRIGHTMLS

Price summary

  • Price:$345,000
  • Price per sq. ft.:$422.79

About this home

Open House Saturday 10/24/2026 10am-12:30pm. This property is a boater dream as deed dock within minutes to the inlet or a short term rental being close to Jolly Rogers and the beach. LOWEST-PRICED 2-BEDROOM WITH A DEEDED BOAT SLIP! Get ready for fun in this waterfront 2-bedroom, 1.5-bath townhome in desirable midtown Ocean City, Maryland. Fully furnished and ready to enjoy, this is the perfect beach-and-boating getaway for making memories. Boaters will love having a deeded boat slip directly off your waterfront deck. Step through the kitchen’s sliding doors onto your southern-exposure composite deck, hop on the boat, and you can be out to the bay in minutes. After a day on the water, relax on the deck with dinner or cocktails and enjoy the beautiful evening sunsets. Located in the Bay Cove community, the townhome is just steps from the community pool, making it easy to cool off, meet the neighbors, and enjoy everything that makes Ocean City summers special. Inside, you’ll find...

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Home facts

  • Year built:1972
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:MDWO2041850
  • Added:16 day(s) ago
  • Updated:October 23, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:6
  • Dining Description:Combination Kitchen/Dining
  • Bathrooms Description:Half Bath
  • Kitchen Description:Dishwasher, Oven/Range - Electric, Refrigerator, Water Heater
  • Living area:816 sq. ft.

Heating and cooling

  • Cooling:Heat Pump(s)
  • Heating:Electric, Heat Pump(s)

Structure and exterior

  • Year built:1972
  • Building area:816 sq. ft.
  • Lot Features:Canal
  • Architectural Style:Coastal
  • Construction Materials:Combination
  • Exterior Features:Exterior Lighting, Outbuilding(s)
  • Foundation Description:Block
  • Levels:2 Stories

Schools

  • High school:STEPHEN DECATUR
  • Elementary school:OCEAN CITY

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$345,000
  • Price per sq. ft.:$422.79
  • Tax amount:$4,748 (2026)

Features and amenities

  • Laundry features:Dryer In Unit, Washer In Unit, Washer/Dryer Stacked
  • Amenities:Cable TV Available, Ceiling Fan(s), Electric Available

Parking

  • Parking description:Assigned, Parking Lot

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