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Adagio - 5901 Atlantic Avenue Unit 501

Ocean City, MD 21842

3 beds
3 baths
1,660 sqft
$692 per sqft
2002 build

Rare opportunity to own a DIRECT OCEANFRONT, TOP FLOOR, CORNER UNIT with LARGE WRAP-AROUND BALCONY in one of mid-town’s premier buildings, the Adagio. On the market for the first time in 22 years, this spacious 3 bed/ 3 bath condo features walls of windows and three sliding glass doors that lead to a nearly 1,000 sq. foot balcony overlooking the pristine shoreline below. Enjoy beautiful sunrises every morning, and the warm glow of moonlight in the evening from inside or outside of this beautifully decorated and luxurious beach front condo. Turn-key and sold fully furnished, this unit has everything you need to enjoy the beach lifestyle… The white kitchen with granite counter tops provides the family chef all of the conveniences of home and everything needed to prepare delicious meals to enjoy in the large dining area or on the oversized balcony. The living room is a comfortable place for the whole family to gather and includes a media cabinet, sleeper sofa, custom blinds, and, of course, gorgeous views of the ocean! Professionally decorated in an island beach motif, this bright and open space flows beautifully, making every beach day a literal breeze to enjoy. You’ll wake up to the sights and sounds of the Atlantic Ocean from the primary suite with east-facing slider. The large en-suite bath features dual sinks, a jetted soaking tub, and separate shower. There is also a second en-suite perfect for hosting your guests, allowing them plenty of space and privacy. The generously sized third bedroom is just down the hall from the guest bath that includes a tub/shower combo. Plenty of large closets and a full size laundry make the space very functional for long stays, since you won’t ever want to leave! Recent upgrades include a new 80 gallon water heater, new washer/dryer, built-in microwave, new living room furniture, and upgraded flooring and fixtures throughout. The Adagio is located in the heart of it all… walking distance to so many of Ocean City’s most popular dining and entertainment hotspots including Fager’s Island, Macky’s, Alley Oops, and Sky Bar to name a few. You’ll love the convenience of stores, coffee shops, banks, and entertainment options all within short walking distance. Centrally located just blocks to the Rt. 90 bridge for easy access in and out of Ocean City, the building features an Indoor pool/hot tub (open year-round!!). Additional amenities include a fitness center, owner’s-only social room, sun deck, outdoor shower, and two elevators. There is one reserved parking space under the building and a second outdoor parking pass. The building is well-managed and maintained. Strong reserve fund in place. Reserve study is completed. This is a one-of-a-kind property in an amenity-filled building in the perfect mid-town location. Don’t miss it!

Listing courtesy of BRIGHT / Atlantic Shores Sotheby's International Realty

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# MDWO2027168 —

The Building

Year Built:

2002
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Name:

Adagio
Unit Building Type:

Mid-Rise 5 - 8 Floors
Structure Type:

Unit/Flat/Apartment
Architectural Style:

Other
Levels:

5
Entry Floor Number:

5
Accessibility Features:

None
Basement:

No
Unit Number:

501
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1660
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

1660

Interior

Fireplace:

Yes
Fireplaces:

1
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1660
Living Area SqFt:

1,660 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

Coastal Hwy to 59th St.
Latitude:

38.38267000
Longitude:

-75.06586000

The Property

Property Type:

Residential
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Exclusions:

Personal items. All items in the owners closet, steam cleaner, ninja air fryer, folding card table
Zoning:

R-3
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

Yes
Water Access:

Yes
Water Body Type:

Ocean
Navigable Water:

Yes
Tidal Water:

No
Land Use Code:

U

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410396611
Tax Year:

2024
Tax Lot:

501
Tax Annual Amount:

$9,711
Tax Assessed Value:

$693,867
Year Assessed:

2024
County Tax:

5863.00
City/Town Tax:

3071.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

3
Bedrooms Main Level:

3

Baths

Total Baths:

3
Full Baths:

3
Main Level Baths:

3.00
Main Level Full Baths:

3

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Washer/Dryer/Hook Up in Unit:

Yes

Schools

School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

None Available
Senior Community:

No
Pool:

Yes - Community
Community Pool Features:

Heated, Indoor, Pool/Spa Combo
HOA:

No
Condo/Coop Association:

Yes
HOA/Condo/Coop Amenities:

Elevator, Exercise Room, Pool - Indoor, Recreational Center
Condo/Coop Fee:

$2,995
Condo/Coop Fee Frequency:

Quarterly
HOA/Condo/Coop Fee:

Common Area Maintenance, Insurance, Reserve Funds, Trash, Lawn Maintenance, Management, Pool(s), Recreation Facility, Snow Removal
Condo/Coop Name:

Adagio

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Covered Parking
Garage Spaces:

1.00
Type of Parking:

Parking Garage, Parking Lot
Parking Lot - # of Spaces:

1
Parking Garage - # of Spaces:

1

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$1,150,000

Expense	Monthly cost
Mortgage	$6,157
Taxes	$809
Insurance	$316
HOA fees	$998
Utilities	$156 See report
Total	$8,436/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
12/11/24 Dec 11, 2024	Listed / Active	BRIGHT	$1,150,000

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This condo located in Ocean City 21842 is currently for sale for $1,150,000. Adagio - 5901 Atlantic Avenue Unit 501 is a 1,660 square foot condo with 3 beds and 3 baths. This condo is in the attendance area of Berlin Intermediate School, Stephen Decatur High School, Ocean City Elementary School, and Stephen Decatur Middle School.

Listing Courtesy of: BRIGHT and Atlantic Shores Sotheby's International Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.