501 Penguin Dr #1A01
Ocean City, MD 21842
For more information on this listing, contact us at: (443) 552-7579
Active
$575,000
9.5%
501 Penguin Dr #1A01 Ocean City, MD 21842
Townhome
Property Type
3
Beds
2 Full 1 Half
Baths
1,118
Sq. Ft.
1983
Year Built
Worcester
County
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!!
MLS #
MDWO2039072
Monthly HOA
N/A
On Site
38 Days
Last Updated
6/23/2026
Location
Contact Agent
Client Care Team
(443) 552-7579Property Details
Community Information
Address
501 Penguin Dr #1A01, Ocean City, MD 21842
County
Worcester
City
Ocean City
School System
Worcester County Public Schools
Zip Code
21842
Building Name
Crab Cove 32Nd St
Architecture
Unit Number
#1A01
Bedrooms
3
Bathrooms
2 Full / 1 Half
Year Built
1983
Stories
3
Style
Coastal, Contemporary
Construction Materials
Vinyl Siding
Foundation
Block, Concrete Perimeter
Features / Amenities
Amenities
Pool - Outdoor
Type of Parking
Parking Lot, On Street
Cooling
Ceiling Fan(s), Ductless/Mini-Split
Heating
Baseboard - Electric
Hot Water
Electric
Property Features
Lot Dimensions
0.00 x 0.00
Water Body Type
Bay
Utilities
Cable TV, Electric Available, Sewer Available
Sewer
Public Sewer
Water Source
Public
Municipality
Ocean City
Zoning
R-2
Directions
Route 90 Bridge to a right onto Coastal Highway (Rte 589) follow down to a right onto 32nd Street follow around to a left on Penguin, follow to 501 Penguin #1, park in spot #1 or #2.
Tax and Financial Info
Tax Year
2025
Total Taxes
$4,639 (paid Annually)
Association Fee Includes
Lawn Maintenance, Trash
Condo Association
Yes
Condo Fee
$400 (paid Monthly)
Pets Allowed
Dogs OK, Cats OK
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 6/13/2026 | $525,000 | $575,000 |
9.5%
|
Schools
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Listing Information Last Updated 6/23/2026
Listing provided courtesy of Karen Rollings, Exp Realty, LLC.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2026 Bright MLS. All rights reserved.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2026 Bright MLS. All rights reserved.