




11 54th St #203, Ocean City, MD, 21842
About This Home
Some beach properties simply offer a place to stay. Key Largo #203 offers the lifestyle buyers spend years searching for. Perfectly positioned on the ocean block of 54th Street, this exceptional residence combines one of the most desirable locations in Ocean City with something that has become incredibly rare—a true 5-bedroom, 4½-bath condominium offering over 2,700 square feet of beautifully designed living space. Large enough to live like a home, yet effortless enough to enjoy as a vacation getaway or exceptional investment property, this is coastal living at its finest. Whether you’re gathering generations of family under one roof, hosting friends for unforgettable summer weekends, or seeking a high-demand vacation rental, the thoughtful floor plan was designed with everyone in mind. Three private bedroom suites provide the comfort and privacy today’s buyers expect, while the expansive Primary Suite offers its own peaceful escape with a private balcony, charming window seat, and morning sunshine filtering in from the east. The heart of every memorable beach home is where everyone naturally gathers, and the chef-inspired kitchen delivers beautifully. Outfitted with premium Viking appliances, granite countertops, abundant workspace, and an open flow into the dining and living areas, it’s equally suited for pancake breakfasts before the beach or seafood feasts after a day in the sun. Two sets of French doors open to a spacious wraparound balcony where refreshing ocean breezes and glimpses of the Atlantic create the perfect backdrop for morning coffee, afternoon cocktails, or simply unwinding after a day on the sand. Location is everything—and this one is hard to beat. Just a short stroll to the beach, you’re also within easy walking distance of many of Ocean City’s favorite restaurants, entertainment, and attractions, including Seacrets, Macky’s Bayside Bar & Grill, The Original Green Turtle, the Roland E. Powell Convention Center, Jolly Roger Amusement Park, and countless shops and conveniences. Leave the car parked and enjoy the best of midtown Ocean City on foot. Properties of this size and caliber are becoming increasingly difficult to find. Whether your dream is creating lasting family traditions, owning a luxurious second home, or investing in a property with exceptional rental appeal, Key Largo #203 checks every box—and then exceeds expectations. This isn’t simply a condominium. It’s where beach memories begin, sunsets linger a little longer, and every season feels like a vacation.
Getting Around
Schools
Construction
Condition
- Year built: 2006
Materials
- Construction materials: Combination
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Microwave,Dishwasher,Disposal,Dryer,Exhaust Fan,Refrigerator,Washer,Water Heater,Oven/Range - Electric,Electric Water Heater
- Laundry features: Dryer In Unit,Washer In Unit,In Unit
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 5
Features
- Soaking Tub,Bathroom - Tub Shower,Bathroom - Walk-In Shower,Breakfast Area,Dining Area,Open Floorplan,Upgraded Countertops,Walk-In Closet(s)
- Finished area below ground: 0
- Finished area above ground: 2,622
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,622
- Total interior livable area: 2,622 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2410754461
- Attached to another structure: Yes
- Zoning: R
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size dimensions: 0.00 x 0.00
Parking
- Total spaces: 2
- Parking features: Covered,Assigned,Off Street,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Hurricane
- Winter Weather
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $1,439 | $17,268 |
| Electricity | $334 | $4,008 |
| Total | $8,304 | $99,648 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-20 | Listed for sale | $1,250,000 |
| 2010-02-23 | Sold | $619,650 |
| 2009-11-14 | Listing removed | $473,075 |
| 2009-09-27 | Price change | $473,075 |
| 2009-09-06 | Listed for sale | $497,970 |
| 2007-10-30 | Sold | $890,000 |
