507 Penguin Dr #50, Ocean City, MD 21842

Local realty services provided by:ERA OakCrest Realty, Inc.
507 Penguin Dr #50,Ocean City, MD 21842
$395,000
  • 2 Beds
  • 2 Baths
  • 816 sq. ft.
  • Townhouse
  • Active
Listed by: katie quinn
Office: berkshire hathaway homeservices penfed realty-woc
MLS#:MDWO2040408
Source:BRIGHTMLS

Price summary

  • Price:$395,000
  • Price per sq. ft.:$484.07

About this home

Welcome to the beautiful bayfront community of Bay Cove I. This is a two bedroom affordable townhome w/ gorgeous south facing bay views, an outdoor pool, and conveys with your very own boat slip and lift! Nestled in the start of peaceful midtown OC just a few blocks from a grocer/deli, Jolly Rogers waterpark, go carts, mini golf, loads of restaraunts, Anthonys Deli, Castle in the Sand beach bar w/ live music, the start of the boardwalk for walks morning walks/bike rides, huge field for kids/dogs to play and Back Bay Adventures to rent jet skis, fishing & boat tours! Inside the home you'll enjoy a fully furnished and equipped turn key home including perks like; central heat/air, vinyl wood floors, custom kitchen cabinetry, granite countertops, SS appliances (fridge/dishwasher/garbage disposal all new!), washer/dryer, two door coded storage closets, convenient half bath on first floor and a nicely updated full bathroom on second with tile showers and updated fixtures. You even have a...

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Home facts

  • Year built:1972
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:MDWO2040408
  • Added:5 day(s) ago
  • Updated:August 14, 2026 at 09:42 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:816 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Year built:1972
  • Building area:816 sq. ft.
  • Architectural Style:Coastal
  • Construction Materials:Frame, Vinyl Siding
  • Foundation Description:Crawl Space
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$484.07
  • Tax amount:$4,056 (2025)

Features and amenities

  • Laundry features:Dryer In Unit, Washer In Unit

Parking

  • Parking description:Assigned, Parking Lot