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616 Salt Spray Rd Unit 7, Ocean City, MD, 21842

1beds
2baths
812sqft
$315,000
$388price/sqft
$2,443/moest. monthly cost
$97,720/yrincome needed

About This Home

JUST REDUCED! WATERFRONT EASY ACCESS TO THE OPEN BAY! RESERVE STUDY HAS BEEN COMPLETED! 1 Bedroom + Loft Condo with DEEDED BOAT SLIP AT YOUR BACK DOOR! Experience coastal living at its finest in this charming 1-bedroom, 1.5-bath waterfront condo with a spacious loft that can easily serve as a second bedroom. Featuring a bright, open living area with soaring cathedral ceilings, this home offers an airy and inviting atmosphere filled with natural light.The primary bedroom includes access to a private deck, perfect for enjoying warm summer breezes.Step outside and you’ll find direct water access right off your back deck — ideal for fishing, crabbing, paddle boarding, or simply relaxing by the water. A deeded boat slip is included, making boating effortless and enhancing the true coastal lifestyle experience.Prefer the ocean? The beach is just a short walk away, giving you the best of both bay and beach living.Additional highlights include laminate flooring throughout, a large storage closet off the back deck for fishing gear and beach accessories, and the convenience of being sold fully furnished (with only a few exclusions) — making this a true turn-key opportunity. Whether you’re looking for a waterfront getaway, full-time residence, or investment property, this condo delivers location, lifestyle, and value in one beautiful package.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

10/10
10/10
7/10

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Coastal
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Disposal,Oven/Range - Electric,Washer/Dryer Stacked,Water Heater,Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Ceiling Fan(s),Combination Dining/Living,Combination Kitchen/Dining,Combination Kitchen/Living,Family Room Off Kitchen,Open Floorplan,Recessed Lighting,Cathedral Ceiling(s),Dry Wall
  • Window features: Window Treatments
  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 812

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Ceiling Fan(s),Wall Unit(s),Electric

Interior Area

  • Total structure area: 812
  • Total interior livable area: 812 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2410219639
  • Zoning: R-2
  • Special condition: Standard
  • Exclusions: Items In Closets,Crochet Blankets,A Few Nik Naks & Some Wall Hangings

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: Extensive Hardscape,Street Lights,Balcony
  • Has view: Yes
  • View description: Canal,Panoramic,Scenic Vista
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal
  • Frontage length: Water Frontage Ft: 180

Lot

  • Features: Bulkheaded,Cleared,Landscaped,No Thru Street,Open Lot
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Assigned,Asphalt,Off Street,Parking Lot
  • Has uncovered spaces: Yes

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 $1,592$19,104
Home Insurance *$211$2,532
Property Taxes $359$4,308
Electricity $281$3,374
Total$2,443$29,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,760/yr
40% on housing$73,290/yr
45% on housing$65,146/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

$388This listing

vs Other Active Listings

Avg $/sqft

ZIP 21842$304
Worcester County$308

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
2026-04-29Price change$315,000
2026-03-23Price change$320,000
2026-02-24Listed for sale$329,999
2022-04-04Sold$238,000
2015-12-09Sold$180,000
2003-06-30Sold$185,000
2001-09-20Sold$105,000
1998-03-25Sold$70,000

For Sale by Agent

AgentMs. Tina Dorsey
BrokerageCoastal Life Realty Group LLC

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