- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Street View
$575,000
Monthly Est:$2,862
3 Beds
- 3 Baths
2 full baths + 1 half bath
1,118sqft
501 Penguin Dr #1A01, Ocean City, MD 21842
$575,000
$2,862/moEst:
Get Pre-Approved
Condominium
Built in 1983
$400/mo HOA
-- sqft lot
$514/sq.ft
Description
Bright, sunny end unit in Crab Cove!! Beautifully kept 3-bedroom, 2-1/2 bath home with a modern kitchen with window, newer cabinets and new Samsung kitchen appliances. The kitchen includes pantry storage for all the extras needed for the beach days! The living room seats 7-8 people and leads out to the covered deck overlooking the bay with fabulous sunsets!! Here is where you could take the stairs down to the boat dock. The owner's suite has a queen bed and bath with a shower along with a small balcony to sit and enjoy the ocean air!! The 2nd bedroom has a queen bed with access to the hall bath and a small balcony. Upstairs is the 3rd bedroom for guests. The dock in the back of the property can be accessed by walking around the home to the lift by Hi Tide Boat Lift or down the stairs from the deck. The Community boat slip is just next to your dock on the end. Close to restaurants, shopping and best of all Jolly Roger Amusements! Kids playground!! Sit back, relax and enjoy the best of Ocean City!!
- Houzeo last checked: 6 hours ago
- Listing updated: June 23, 2026 at 6:01 pm
- Listing Provided by: Karen D Rollings (301) 924-8200 , Kathleen M Workman (301) 938-3519 | EXP Realty, LLC (301) 924-8200
- Source: Bright MLS-NJ | MLS#: MDWO2039072

Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1983
HOA Fees
$400/mo
Finished Area
1,118 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDWO2039072
MLS Status
ACTIVE-BRIGHT
Days on Market
12

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Location
HOA Management
N/A
HOA Fees
$400/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Pool
Trash Pickup
Lawn Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Sewer
Public Sewer
Cooling
Ceiling Fan(s), Ductless/mini Split
Heating
Baseboard Electric
Construction
Year Built
Year Built: 1983
Home type
Condominium
Construction Materials
Vinyl Siding
Foundation Details
Block, Concrete Perimeter
Architectural Style
Coastal, Contemporary
Utilities & Energy
Water Source
Public
Utilities
Cable Tv, Electric Available, Sewer Available
Association Amenities
Pool Outdoor
Other Features
Subdivision Name
None Available
Price History
| Date | Event | Price |
|---|---|---|
06/12/2026 Source: | Price Decreased | $525,000 -8.70% $470/sqft |
06/12/2026 Source: | Listed for Sale | $575,000 $514/sqft |
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Based on information from Bright MLS through Oct 08, 2026, 11:00AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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