See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

413 Bayshore Dr Unit 201, Ocean City, MD, 21842

3beds
2baths
1,178sqft
$525,000
$446price/sqft
$3,740/moest. monthly cost
$149,600/yrincome needed

About This Home

Welcome to 413 Bayshore Drive #201, a beautifully updated three-bedroom, two-bath bayfront condominium offering breathtaking panoramic views, a private boat slip, and an unbeatable downtown Ocean City location near 26th Street. This rare waterfront residence blends relaxed coastal living with the vibrant energy of downtown OC. Situated directly on the bay, this 1,178 sq ft corner unit offers sweeping water views, abundant natural light, and effortless access to the Boardwalk, beaches, restaurants, marinas, and entertainment, while maintaining a peaceful, tucked-away ambiance on Bayshore Drive. From the moment you enter, you’re greeted by warm terracotta tile floors, soft coastal hues, and an open concept layout designed for comfort and connection. The spacious living area opens onto an expansive private balcony overlooking the bay, perfect for savoring morning coffee, evening sunsets, or simply relaxing as boats glide past. Large sliding glass doors fill the home with sunlight and frame postcard-worthy views from nearly every angle. The inviting kitchen offers wood cabinetry, tile backsplash, modern lighting, and a peninsula with bar seating that flows into the dining space, creating the ideal setup for entertaining family and friends. The dining area easily accommodates a full-size table and enjoys bay views that make every meal memorable. The primary suite is a true retreat, featuring direct balcony access and floor to ceiling water views that welcome the sunrise and sparkle of the bay at dusk. Two additional bedrooms provide flexible sleeping arrangements for guests, kids, or a home office setup. Both bathrooms have been tastefully updated. Step outside and enjoy one of this home’s most valuable features: "Private Boat Slip with Finger Pier". Launch your boat, jet ski, or paddleboard right from your backyard. Whether you’re cruising to dinner, fishing in the bay, or heading out for a sunset ride, life on the water has never been easier. Additional highlights include: • 1,178 sq ft per public record • Three bedrooms • Two full bathrooms • Private boat slip with deep-water access • Large bayfront balcony with unobstructed sunset views • Open-concept living and dining areas • Tile flooring throughout • Updated lighting and fixtures • In-unit washer/dryer • Assigned parking and guest parking • Professionally managed building with well-kept exterior and grounds The community is known for its desirable waterfront setting, strong management, and unbeatable location near 26th Street, just a short stroll to the beach, the Boardwalk, Jolly Roger Amusement Park, and dozens of popular restaurants and shops along Coastal Highway. It’s close enough to enjoy all the excitement of downtown Ocean City while still offering tranquility at day’s end. Whether you’re searching for a primary residence, vacation retreat, or investment property with strong YEAR ROUND rental potential. 413 Bayshore Drive #201 stands out as one of Ocean City’s best waterfront opportunities. Enjoy stunning views, easy boating access, and a central location that defines coastal living at its finest. Experience bayside serenity in the heart of Ocean City. Welcome home to Bayshore #201, where every day ends with a sunset over the water.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

10/10
10/10
7/10

Construction

Condition

  • Year built: 1972

Materials

  • Construction materials: Other

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,178

Heating & Cooling

  • Heating features: Other,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,178
  • Total interior livable area: 1,178 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 2410048265
  • Attached to another structure: Yes
  • Zoning: R-2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • On waterfront: Yes
  • Waterfront features: Bay
  • Frontage length: Water Frontage Ft: 75

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Winter Weather
Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$211$2,532
Property Taxes $594$7,128
Electricity $281$3,374
Total$3,740$44,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,228/yr
40% on housing$112,200/yr
45% on housing$99,733/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$446This listing

vs Other Active Listings

Avg $/sqft

ZIP 21842$303
Worcester County$307

vs Homes Sold Last Month

Median $/sqft

ZIP 21842
Worcester County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Price change$550,000
2026-04-30Price change$579,999
2026-02-22Price change$599,000
2025-10-20Listed for sale$650,000

For Sale by Agent

AgentLee Stillwell
BrokerageRE/MAX Realty Services

Similar Homes