305 Seabay Lane Unit C7
Ocean City, MD 21842
- 4 beds
- 4 baths
- 1,618 sqft
- $482 per sqft
- 1984 build
Experience the ultimate waterfront living with this beautiful bayfront property, offering breathtaking open water views right from your deck. Located directly across the water is Fager’s Island, a popular local restaurant and music venue, open year-round, providing a vibrant and lively atmosphere. This townhouse-style three level condominium features 4 bedrooms and 3 1/2 bathrooms, making it perfect for families or guests. The modern kitchen is equipped with stainless steel appliances, ample Corian counter space, and a breakfast bar. The open concept living areas boast large windows to maximize natural light and enjoy exquisite water views. Included in the sale is a wall-mounted Mirror TV with audio equipment, a Bose speaker, and a DVD player for your entertainment needs. Cozy up by the gas fireplace during cooler evenings. The expansive deck is perfect for outdoor gatherings, watching the sunsets and being entertained by water activities. Boating enthusiasts will appreciate the private dock, with boat slips available on a first-come, first-served basis with consideration for boat size, depth of water and space available for the season. The HVAC system was recently replaced in 2024 for your comfort. As part of a 25 unit self-managed condominium, the property owners share expenses for insurances, maintenance and amenities. Situated in mid-town Ocean City, Maryland, with easy access to Route 90 west, this prime location is close to shopping, dining, and entertainment options. Don't miss the opportunity to own this exceptional bay front property. Enjoy a lifestyle of luxury and convenience.
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Last updated Apr 14, 2025
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MLS# MDWO2029214 —
The Building
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Year Built:1984
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Year Built Source:Assessor
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Roof:Pitched
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New Construction:No
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Construction Materials:Frame, HardiPlank Type
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Building Name:Trader's Cove
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Structure Type:Interior Row/Townhouse
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Historic:No
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Architectural Style:Other
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Levels:3
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Main Entrance:North
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Entry Floor Number:1
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Door Features:Sliding Glass, Storm
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Window Features:Screens, Sliding
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:No
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Unit Number:C7
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1618
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1618
Interior
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Interior Features:Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Primary Bedroom - Bay Front, Window Treatments
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Room Count:9
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Floors In Unit:3
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Fireplace:Yes
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Fireplaces:1
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Fireplace Features:Gas/Propane
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1618
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Living Area SqFt:1,618 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Coin w/Sell Sett
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Lease Considered:No
Location
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Directions:61st West to Traders Cove, unit 7 is on the left
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Latitude:38.38485280
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Longitude:-75.07013508
The Property
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Property Type:Residential
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Property Condition:Very Good
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Inclusions:TV and equipment.
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Additional Parcels:No
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Federal Flood Zone:X
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Zoning:B-1
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In City Limits:Yes
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Outdoor Living Structures:Balcony
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Waterfront:Yes
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Waterfront Features:Shared
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Water Oriented:Yes
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Water Access:Yes
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Distance To Water:Feet
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Distance To Body Of Water:15
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Water Body Name:Assawoman Bay
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Water Body Type:Bay
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Navigable Water:Yes
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Water Frontage In Feet:50
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Tidal Water:Yes
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Land Use Code:U
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Ground Rent Exists:No
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Riparian Rights:Yes
Listing Agent
- Contact info:
- Agent phone:
- (443) 235-5467
- Office phone:
- (443) 856-2211
Taxes
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Tax ID Number:2410258421
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Tax Year:2024
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Tax Lot:C7
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Tax Annual Amount:$5,502
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Tax Assessed Value:$393,100
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Year Assessed:2024
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County Tax:3322.00
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City/Town Tax:1739.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
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Bedrooms Main Level:4
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
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Main Level Baths:4.00
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Main Level Full Baths:3
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Main Level Half Baths:1
The Listing
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Central, Electric
Utilities
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Utilities:Natural Gas Available, Water Available, Sewer Available
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Sewer/Septic:Public Sewer
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Hot Water:60+ Gallon Tank
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Dishwasher, Disposal, Exhaust Fan, Refrigerator, Range Hood, Oven/Range - Electric, Water Heater, Washer, Dryer - Electric, Stainless Steel Appliances
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Laundry Type:Dryer In Unit, Main Floor, Washer In Unit
Schools
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Elementary School:Ocean City
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Middle School:Stephen Decatur
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High School:STEPHEN DECATUR
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School District Name:Worcester County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Exterior Features:Outside Shower
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:Boat Dock/Slip
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Condo/Coop Fee:$525
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Condo/Coop Fee Frequency:Monthly
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HOA/Condo/Coop Fee:Common Area Maintenance, Pier/Dock Maintenance, Reserve Funds, Lawn Maintenance, Insurance
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Municipal Trash:No
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Transportation:Bus Stop less than 1 mile
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Condo/Coop Name:Trader's Cove
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Off Street
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Parking Features:Assigned
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Assigned Spaces Count:2
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Assigned Parking Space Number(s):7
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Off Street - # of Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$779,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,176
|
Taxes | $458 |
Insurance | $214 |
HOA fees | $525 |
Utilities | $186 See report |
Total | $5,559/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/11/25
Apr 11, 2025
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Listed / Active | BRIGHT | $779,900 |