For SaleRisky Deal3 days on market
10700 Coastal Hwy Unit 1804
10700 Coastal Hwy Unit 1804, Ocean City, MD 21842, Ocean City, MD 21842
$475,000
Estimate®:$476,600$1,600 Under Market
Listing Price
10700 Coastal Hwy Unit 1804, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
3
Tax Assessed
$430k
Estimate®
$477k
0% Under Valued
Rent Estimate
$1,620/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Ocean City Elementary School
PK-4
5.5 mi away
10
Stephen Decatur Middle School
7-8
9.1 mi away
7
Stephen Decatur High School
9-12
8.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
high-risemoderncoastaloceanfrontconcreteglass facademulti-familybalconiesswimming poolparking loturbanhigh-densityresort-styleskyscraperbeachside
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.95%
Total ROI
1.3%
Cash Flow
$-1,691/mo
DSCR
0.31
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,691/mo net cash flow with a 1.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Ocean City, MD
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $475,000 | $420 |
| 2026-09-01 | Listing removed | $469,900 | $415 |
| 2026-05-26 | Price change | $469,900 | $415 |
| 2026-05-04 | Price change | $479,900 | $424 |
| 2026-03-12 | Price change | $494,990 | $438 |
| 2025-07-12 | Price change | $484,990 | $429 |
| 2024-11-04 | Listed for sale | $499,990 | $442 |
| 2015-01-01 | Sold | $250,000 | $221 |
| 2012-03-07 | Sold | $250,000 | $221 |
| 2008-07-26 | Listing removed | $374,900 | $331 |
| 2008-06-18 | Price change | $374,900 | $331 |
| 2008-05-27 | Listed for sale | $378,000 | $334 |
| 2003-10-15 | Sold | $298,900 | $264 |
| 1997-07-07 | Sold | $114,500 | $101 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,048.8 | $368,633 |
| 2024 | $4,304.71 | $307,567 |
| 2023 | $3,474.66 | $246,500 |
| 2022 | $3,416.41 | $246,500 |
| 2021 | $3,365.99 | $238,233 |
| 2020 | $3,307.6 | $234,100 |
| 2019 | $3,314.19 | $234,100 |
| 2018 | $3,274.87 | $231,833 |
| 2017 | $3,257.48 | $230,700 |
| 2016 | $3,867.96 | $230,700 |
| 2015 | $3,867.96 | $230,700 |
| 2014 | $3,867.96 | $243,100 |
| 2013 | $0 | $243,100 |
| 2012 | $0 | $243,100 |
| 2011 | $0 | $322,330 |
| 2010 | $0 | $322,330 |
| 2009 | $0 | $322,330 |
| 2008 | $0 | $399,240 |
| 2007 | $0 | $334,772 |
| 2006 | $0 | $270,306 |
| 2005 | $0 | $205,840 |
| 2004 | $0 | $170,726 |
| 2003 | $0 | $135,613 |
| 2002 | $0 | $100,500 |
| 2001 | $0 | $100,332 |
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