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705 GULF STREAM DR, OCEAN CITY, MD 21842

2 Beds

2 Baths

1,200SqFt

Active

Discover an exceptional investment opportunity in the coveted Montego Bay community, where the allure of bayside living meets the potential for lucrative returns. This charming manufactured home, built in 1989, offers 1,200 sq. ft. of space, featuring 3 bedrooms and 2 bathrooms, perfect for those seeking a serene retreat or a rental property. Nestled near the tranquil Assawoman Bay, this property boasts access to a wealth of community amenities, including outdoor pool, tennis courts, pickle ball and scenic jogging paths. The low association fees cover common area maintenance, ensuring a well-kept environment that enhances property value. This home presents a unique chance for investors to renovate and increase equity as it's priced below appraised value. The vibrant community atmosphere and proximity to water activities make it an attractive rental option, promising steady income potential. Don't miss out on this chance to invest in a lifestyle that combines relaxation with financial growth!

Property Details
Price$275,000
Bedrooms2
Full Baths2
Total Baths2
Property StyleModular/Pre-Fabricated
Lot Size Area UnitsSquare Feet
Acres0.08
Property TypeResidential
Sub typeManufacturedHome
MLS Sub typeManufactured
Stories1
Year Built1989
SubdivisionMONTEGO BAY
WaterfrontAssawoman Bay
HeatingForced Air
AccessibilityNone
Parking DescriptionConcrete Driveway
Association NameMONTEGO BAY CIVIC ASSOCIATION
Association Fee396
Association AmenitiesCommon Grounds,Jog/Walk Path,Picnic Area,Pool - Outdoor,Putting Green,Shuffleboard,Tennis Courts,Other
Geographic Data
Directions130th St to Sea Breeze Drive, bear right on Beachcomber Ln to right on Oyster Ln & left on Gulf Stream
CountyWORCESTER
Latitude38.44219
Longitude-75.06449
Market AreaBayside Interior (83)
Address Information
Address705 GULF STREAM DR, OCEAN CITY, MD 21842
Postal Code21842
CityOCEAN CITY
StateMD
CountryUnited States
Listing Information
Listing OfficeBerkshire Hathaway HomeServices Homesale Realty
Listing AgentDale Bock
Special listing conditionsStandard
OwnershipFee Simple
TermsCash,Conventional,FHA 203(k)
School Information
DistrictWorcester County Public Schools
MLS Information
Days on market30
MLS StatusActive
Listing DateSep 23, 2025
Listing Last ModifiedOct 22, 2025
Tax ID2410318637
Tax Year2025
Tax Annual Amount3267
MLS AreaBayside Interior (83)
MLS #MDWO2033538

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Last updated: 2025-10-22T18:30:57.238852Z. Listing information is provided by Bright MLS. Listings are generated from various brokers who participate in IDX. Information is deemed reliable but not guaranteed.