510 Penguin Drive # 302 Ocean City, MD $ 350,000
510 Penguin Drive # 302
$ 350,000
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510 Penguin Drive # 302

Ocean City, MD, 21842
$ 350,000
Bedrooms2 Baths2.0 Sq 881

Monthly Estimate*

$ 2,184

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View a Virtual Tour

Condo for sale in Ocean City, MD

for $350,000 with 2 bedrooms and 2 full baths. This 881 square foot condo was built in 1973.

Welcome to 510 Penguin Drive, Unit 302, in Sandy Lane Estates, a refreshed and inviting 2-bedroom, 2-bath condo that places you in the heart of everything Ocean City has to offer. Perfectly situated just off 32nd Street, this location is a short stroll to the beach, Jolly Roger Amusement Park, mini golf, restaurants, nightlife, and the Ocean City Convention Center. Inside, recent updates bring a fresh, modern feel. Luxury vinyl plank flooring now flows seamlessly throughout, while the remodeled kitchen and both bathrooms offer style and comfort, ready for you and your guests. The home comes furnished, making it an easy turnkey beach retreat or investment property. Step outside to your expanded balcony, currently being renovated to nearly double its size, creating a wonderful outdoor living space with relaxing views of the community pool, side glimpses of the Bay and Canal, and breathtaking evening sunsets. Community amenities include a pool, tennis courts, and basketball, giving you even more ways to enjoy your time at the beach. This well-maintained condo is move-in ready and waiting for its next chapter. Dont miss your opportunity to experience the best of coastal living at Sandy Lane Estates in Ocean City, Maryland.

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Condo Active

Price

$ 350,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 2,746

Style

Coastal,Unit/Flat

Year Built

1973

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2033534

Features
General
Living Area 881
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Appliances Built-In Microwave Dishwasher Disposal Dryer Exhaust Fan Freezer Oven/Range - Electric Refrigerator Washer Water Heater
Zoning R-2
Association Fee Includes Insurance Lawn Maintenance Management Pool(s) Reserve Funds
Architectural Style Coastal Unit/Flat
Security Features Main Entrance Lock Smoke Detector
Construction Materials Masonry
School District WORCESTER COUNTY PUBLIC SCHOOLS
Year Built 1973
View Garden/Lawn
Levels 1
Unit Number 302
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Sandy Lane Estates
Accessibility None
HOA Fee 2 395.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Basketball Courts Common Grounds Pool - Outdoor Tennis Courts
HOA N
Subdivision Name SANDY LANE ESTATES
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions From Coastal Hwy take 32nd St towards the bay. Sandy Lane Estates building 510 on the left
City OCEAN CITY
Senior Community Y/N N
MLS Area Bayside Interior (83)
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2746.0
Property Condition Excellent
Structure Type Penthouse Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 397.28
Community Pool Features Fenced In Ground
Vacation Rental Y/N N
Virtual Tour https://media.homesight2020.com/510-Penguin-Drive/idx
Standard Status Active
Year Built Source Assessor
Tax Lot 302
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Interior
Interior Amenities Bathroom - Stall Shower Combination Dining/Living Combination Kitchen/Dining Combination Kitchen/Living Dining Area Entry Level Bedroom Floor Plan - Open Kitchen - Gourmet Primary Bath(s) Upgraded Co
Heating Fuel Electric
Flooring Ceramic Tile Luxury Vinyl Plank
Hot Water Electric
Common Walls 2+ Common Walls 2+ Common Walls
Basement (Y/N) N
Heating Y/N Y
Window Features Sliding
Fireplace Y/N N
Above Grade Finished Area 881
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 3
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Kitchen
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Sport Court Sidewalks Street Lights
Pool Yes - Community
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Waterfront Y/N N
Door Features Sliding Glass Storm
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 510
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* Excluded Features
List By
Northrop Realty

Broker

phil@needacastle.com

Email

Affordability Calculator

$2,412
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3534738 Elementary School
3535750 Middle School
Stephen Decatur High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$350,000 -4.11% Price Down
11/11/2025$365,000 -2.67% Price Down
9/24/2025$375,000 Listed Price

Map


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510 Penguin Drive # 302, Ocean City, MD, 21842 is a Condo for sale at $350,000 with 881 sqft. 510 Penguin Drive # 302 has 2 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 21842 which is in Ocean City, MD