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305 11th St Unit 502, Ocean City, MD, 21842

3beds
2baths
1,680sqft
$579,900
$345price/sqft
$4,080/moest. monthly cost
$163,200/yrincome needed

About This Home

Welcome to this well‑appointed, fully furnished bayside condo, offering three bedrooms, two baths, and a bright, inviting layout. Perched on the top floor of the south end, it provides unobstructed views of the bay and the Route 50 bridge, giving you all the beauty of bayfront living without the bayfront price. The interior has been thoughtfully updated with new flooring, new ceilings, and new appliances, creating a fresh and comfortable space that’s ready to enjoy from day one. The complex includes private storage, elevator access, covered parking, and an outdoor pool, adding convenience and leisure to your everyday living. Its prime location places you close to the beach, the boardwalk, multiple marinas, and a wide selection of restaurants, making it easy to enjoy everything the area has to offer.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

10/10
10/10
7/10

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Concrete,Dryvit

Type & Style

  • Home type: Condo
  • Architectural style: Coastal
  • 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: 1,680

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Property

Accessibility

  • Accessibility features: Doors - Lever Handle(s)

Details

  • Parcel number: 2410746779
  • Attached to another structure: Yes
  • Zoning: R-3
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Off Street,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 $2,932$35,184
Home Insurance *$211$2,532
Property Taxes $656$7,872
Electricity $281$3,374
Total$4,080$48,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,885/yr
40% on housing$122,400/yr
45% on housing$108,800/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

$345This 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
2026-03-26Listed for sale$579,900
2019-09-24Sold$365,000
2019-08-02Price change$379,900
2019-07-03Listed for sale$389,900
2010-04-20Sold$351,000

For Sale by Agent

AgentMichael C Ross
BrokerageNewport Bay Realty

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