5901 ATLANTIC AVENUE Unit 501, OCEAN CITY, MD 21842

$1,150,000

Rare opportunity to own a DIRECT OCEANFRONT, TOP FLOOR, CORNER UNIT with LARGE WRAP-AROUND BALCONY in one of mid-town's premier buildings, the Adagio. On the market for the first time in 22 years, this spacious 3 bed/ 3 bath condo features walls of windows and three sliding glass doors that… Read More lead to a nearly 1,000 sq. foot balcony overlooking the pristine shoreline below. Enjoy beautiful sunrises every morning, and the warm glow of moonlight in the evening from inside or outside of this beautifully decorated and luxurious beach front condo. Turn-key and sold fully furnished, this unit has everything you need to enjoy the beach lifestyle... The white kitchen with granite counter tops provides the family chef all of the conveniences of home and everything needed to prepare delicious meals to enjoy in the large dining area or on the oversized balcony. The living room is a comfortable place for the whole family to gather and includes a media cabinet, sleeper sofa, custom blinds, and, of course, gorgeous views of the ocean! Professionally decorated in an island beach motif, this bright and open space flows beautifully, making every beach day a literal breeze to enjoy. You'll wake up to the sights and sounds of the Atlantic Ocean from the primary suite with east-facing slider. The large en-suite bath features dual sinks, a jetted soaking tub, and separate shower. There is also a second en-suite perfect for hosting your guests, allowing them plenty of space and privacy. The generously sized third bedroom is just down the hall from the guest bath that includes a tub/shower combo. Plenty of large closets and a full size laundry make the space very functional for long stays, since you won't ever want to leave! Recent upgrades include a new 80 gallon water heater, new washer/dryer, built-in microwave, new living room furniture, and upgraded flooring and fixtures throughout. The Adagio is located in the heart of it all... walking distance to so many of Ocean City's most popular dining and entertainment hotspots including Fager's Island, Macky's, Alley Oops, and Sky Bar to name a few. You'll love the convenience of stores, coffee shops, banks, and entertainment options all within short walking distance. Centrally located just blocks to the Rt. 90 bridge for easy access in and out of Ocean City, the building features an Indoor pool/hot tub (open year-round!!). Additional amenities include a fitness center, owner's-only social room, sun deck, outdoor shower, and two elevators. There is one reserved parking space under the building and a second outdoor parking pass. The building is well-managed and maintained. Strong reserve fund in place. Reserve study is completed. This is a one-of-a-kind property in an amenity-filled building in the perfect mid-town location. Don't miss it! Read Less

Courtesy of Tom Polcari, Atlantic Shores Sotheby's International Realty [email protected]

Listing Snapshot

Days Online

Last Updated

Dec 27, 2024

Property Type

Condominium

Beds

Full Baths

Square Ft.

1,660

Year Built

2002

MLS Number

MDWO2027168

30 Days Snapshot Of 21842

$628k

+28%

(avg) sold price

-32%

homes sold

+12%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

1,660 sqft living area, 1,660 sqft above grade (finished), Built in 2002, Structure Type: Unit/Flat/Apartment, 5 levels, Stucco

Cooling

Central Air, Electric, Central A/C

Fireplaces

1 fireplace

Garage

1 garage space

Water Features

Navigable Water, Water Access, Water Body Type: Ocean, Water Oriented

Heating

Electric, Heat Pump(s)

Home Owner's Association

Condo/Coop Association, Condo/Coop Fee : $2,995, Condo/Coop Fee Freq: Quarterly, Elevator, Exercise Room, Pool - Indoor, Recreational Center, Common Area Maintenance, Insurance, Reserve Funds, Trash, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal

Lot

Lot Size Dimensions: 0.00 x 0.00

Property

Other Structures: Above Grade, Below Grade

Sewer

Public Sewer

Taxes

City/Town Tax: $3,071, City/Town Tax Pymnt Freq: Annually, County Tax: $5,863, County Tax Pymnt Freq: Annually, Tax Annual Amount: $9,711, Tax Year: 2024

Utilities

Hot Water: Electric

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