About This Home

This 2-bedroom, 2-bathroom condo at 120 53RD Street #J201 in Ocean City, MD is listed for $325,000 ($308 per sqft). Built in 1982, the home offers 1,056 sqft of living space on a N/A lot.

Key Features

  • Built in 1982
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
#J201
1982

Amenities

A/C
Listing Description

Have you considered a DSCR loan (debt service coverage ratio)? It's a loan that qualifies based on potential rental income, not your personal income. This property is a good fit for this type of loan! This waterfront oasis-a stunning 2-bedroom, 2-bath, 2 reserved parking spot condo - is in a prime midtown Ocean City location.

Enjoy breathtaking sunset views every evening from this thoughtfully updated unit. The HVAC and water heater are newer, for comfort and peace of mind. Offered fully furnished, this home is beautifully appointed with stylish, move-in-ready pieces that perfectly complement the space.

Step outside to your deeded boat slip (#35) and spend your days cruising the bay or riding jet skis. When the sun sets, take a short stroll to Ocean City's most iconic nightlife spots, including Macky's, Fager's Island and Seacrets. For those who love an active lifestyle, the newly renovated Ocean City Racquet Center is just a few blocks away, offering pickleball and tennis courts.

This property has everything you need to start living your Ocean City dream as a primary home, vacation home or as an investment thru short-term rentals!

Monthly Cost Estimate

$2,323/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95
HOA$585

Estimates only. Actual payments may vary.

Location

120 53RD Street #J201

Ocean City, MD 21842

NONE AVAILABLE

Features & Amenities

Interior Features

BarCarpetFloor Plan - OpenCeiling Fan(s)Kitchen - Eat-InPrimary Bath(s)Upgraded Countertops

Property Details

Construction

Vinyl Siding

Parking

AssignedParking Lot

Heating

Heat Pump (Heating)

Cooling

Heat PumpCentral AirCeiling Fan(s)

Appliances

Built-In MicrowaveDishwasherDisposalOven/Range - ElectricRefrigeratorWasher - Front LoadingWaterHeaterDryer - Front LoadingExhaust Fan

Questions & Answers

This 2-bedroom, 2-bathroom condo at 120 53RD Street is listed at $325,000 ($308/sqft). The estimated monthly payment is $2,323 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $585/month.

Key features include: Built in 1982, 2 parking spaces. Interior Features: Bar, Carpet, Floor Plan - Open.

This property is listed by Kimberly K McGrath.

KM

Kimberly K McGrath

License 651423

Agent at Compass

Listed by Compass · Broker phone: (202) 491-1275 · View on Broker Site

MLS# MDWO2036150· Source: Bright MLS· 261 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

120 53RD Street #J201, Ocean City, MD 21842

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