For SaleRisky Deal1 days on market
10900 Coastal Hwy Unit 1712
10900 Coastal Hwy Unit 1712, Ocean City, MD 21842, Ocean City, MD 21842
$529,500
Estimate®:$507,700
Listing Price
10900 Coastal Hwy Unit 1712, Ocean City, MD 21842
Loc: Ocean City, MD
Days Listed
1
Tax Assessed
$446k
Estimate®
$508k
Market Rate
Rent Estimate
$2,008/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
9.2 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-risecondominium complexoceanfrontbeachfrontmodern architecturebalconiescoastalresort-stylepanoramic viewsglass-facademulti-unit buildingvacation propertyconcrete construction
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.34%
Total ROI
9.6%
Cash Flow
$-1,716/mo
DSCR
0.38
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,716/mo net cash flow with a 2.3% 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $529,500 | $642 |
| 2002-04-24 | Sold | $280,000 | $339 |
| 2000-04-04 | Sold | $173,000 | $210 |
| 1999-06-30 | Sold | $140,000 | $170 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,442.34 | $397,367 |
| 2024 | $4,887.87 | $349,233 |
| 2023 | $4,244.31 | $301,100 |
| 2022 | $4,205.3 | $301,100 |
| 2021 | $4,176.07 | $295,567 |
| 2020 | $4,136.97 | $292,800 |
| 2019 | $4,126.49 | $292,800 |
| 2018 | $4,058.87 | $287,333 |
| 2017 | $4,018.55 | $284,600 |
| 2016 | $4,375.8 | $282,667 |
| 2015 | $4,375.8 | $280,733 |
| 2014 | $4,375.8 | $278,800 |
| 2013 | $0 | $278,800 |
| 2012 | $0 | $278,800 |
| 2011 | $0 | $364,650 |
| 2010 | $0 | $364,650 |
| 2009 | $0 | $364,650 |
| 2008 | $0 | $444,670 |
| 2007 | $0 | $387,196 |
| 2006 | $0 | $329,723 |
| 2005 | $0 | $272,250 |
| 2004 | $0 | $225,832 |
| 2003 | $0 | $179,416 |
| 2002 | $0 | $133,000 |
| 2001 | $0 | $126,000 |
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