11200 Coastal Highway # 1002 RAINBOW Ocean City, MD $ 825,000
11200 Coastal Highway # 1002 RAINBOW
$ 825,000
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11200 Coastal Highway # 1002 RAINBOW

Ocean City, MD, 21842
$ 825,000
Bedrooms2 Baths2.0 Sq 1,456

Monthly Estimate*

$ 5,209

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Condo for sale in Ocean City, MD

for $825,000 with 2 bedrooms and 2 full baths. This 1,456 square foot condo was built in 1984.

Have you tried the "Oceanfront Condo Challenge"? Try describing the perfect beach condo...we bet it would sound something like this ---- Oceanfront.End unit.Panoramic views.An big floorplan with extra space.Major updates already completed.A strong Condo Association... And a floor-height that isn'ttoo high or too low....... If that's sounds 'perfect'; then you should keep reading.....(we're being serious.) These factors matter, they're important... that's why most people have the same list as above. Which is why you should pay attention when a property gets listed that checks ALL of those boxes! --- This condo is one of the largest 2-bedroom floorplans you'll find anywhere on Ocean City's oceanfront, offering approximately 1,456 square feet of thoughtfully designed living space. And as amazing as that is, that's not what makes this residence so special.... that feature is the result of it's location! The Rainbow Condominium was uniquely designed unlike almost every other oceanfront high-rise in Ocean City, with residences staggered to maximize views and privacy. And within that design, the coveted "02" stack sits directly on the oceanfront while also enjoying the benefits of a south-end-unit. That means, more windows. More natural light. More coastline. More perspective. And more VIEWS! It's a combination unique to a handful of buildings in all of OC. Located on the 10th floor, you're high enough to capture breathtaking panoramic views of the Atlantic Ocean, the coastline, and the surrounding shoreline, while remaining at that perfect height where you still feel connected to the beach below. Plus, at nearly 1,500 square feet, this residence isn't just 'larger' than most 2BR residences... It's bigger than most of the 3BR condos in high-rise row! The additional space is noticeable from the moment you walk in, creating a layout that's comfortable for everyday living, entertaining family and friends, or spending extended time at the beach without ever feeling cramped. The owners have continued improving the property over the years with the things that matter most. A beautifully renovated kitchen, updated bathrooms with custom walk-in tiled showers, luxury vinyl plank flooring, updated appliances, and a new HVAC system installed in 2024 all contribute to a home that's exceptionally well cared for, completely move-in ready, and ready to be enjoyed from day one. And if you stop focusing on the individual residence itself, and you ask almost any experienced Ocean City Realtor which high-rise building has some of the lowest turnover paired with some of the highest owner satisfaction... and Rainbow will almost always be part of the conversation! Professional on-site management has remained remarkably consistent for decades, creating the kind of stability, continuity, and long-term confidence that buyers often overlook until they've experienced ownership in a building that doesn't have it. Add in the oceanfront pool, spacious sundeck, direct beach access, elevators, and one of the strongest ownership reputations in Ocean City, and it's easy to understand why owners tend to stay. Situated on 112th Street, you're perfectly positioned near Northside Park, Gold Coast Mall, grocery stores, coffee shops, outstanding restaurants, miniature golf, and countless local favorites, while enjoying one of the calmer/quieter stretches of Ocean City's oceanfront. This residence has been lovingly enjoyed as a private second-home and shows with a true 'pride of ownership' that's absent in many other condos. At the end of the day, you can ask yourself one question. Did you end up buying the condo that checked 'some' of those boxes up top.... or did you chose the condo that checked ALL the boxes?! When you look back on this decision in 5-years, what will you say?

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Condo Coming Soon

Price

$ 825,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 7,012

Style

Unit/Flat

Year Built

1984

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2039450

Features
General
Living Area 1456
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Appliances Built-In Microwave Dishwasher Dryer Exhaust Fan Freezer Oven/Range - Electric Refrigerator Washer
Zoning R-3
Association Fee Includes Common Area Maintenance Ext Bldg Maint Insurance Management Pool(s) Reserve Funds Trash
Patio/Porch Features Balcony
Architectural Style Unit/Flat
Construction Materials Concrete Masonry
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions Personal items art wall hangings and seller retains right to keep any items in closets drawers or cabinets.
Year Built 1984
Levels 1
Unit Number 1002 RAINBOW
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Rainbow
Accessibility None
HOA Fee 2 638.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Common Grounds Elevator Extra Storage Pool - Outdoor Reserved/Assigned Parking Swimming Pool
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 2
Status COMING SOON
Directions Coastal Hwy to 112th St. Rainbow Building on ocean side of highway.
City OCEAN CITY
Body of Water Atlantic
Disclosures Prop Disclaimer Conserv Area
Senior Community Y/N N
MLS Area Direct Oceanfront (80)
HOA Fee 2 Frequency Monthly
Tax Annual Amount 7012.0
Home Warranty Y/N N
Structure Type 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 566.62
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 1002
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Interior
Interior Amenities Bathroom - Stall Shower Combination Dining/Living Combination Kitchen/Dining Crown Moldings Dining Area Entry Level Bedroom Floor Plan - Open Window Treatments
Heating Fuel Electric
Flooring Carpet
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Window Features Insulated Screens
Fireplace Y/N N
Above Grade Finished Area 1456
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 10
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 Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool Yes - Community
Parking Features Assigned
Water Source Public
Inclusions Furniture
Type of Parking Parking Lot
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Waterfront Y/N Y
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 11200
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* Excluded Features
List By
Keller Williams Realty Delmarva

Broker

grant@grantf.com

Email

Affordability Calculator

$5,793
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$584
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/6/2026$825,000 Listed Price

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11200 Coastal Highway # 1002 RAINBOW, Ocean City, MD, 21842 is a Condo for sale at $825,000 with 1,456 sqft. 11200 Coastal Highway # 1002 RAINBOW has 2 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 21842 which is in Ocean City, MD