501 Penguin Dr #1A01 Ocean City, MD 21842
Crab Cove 32Nd St Real Estate for Sale - 501 Penguin Dr #1A01 in Ocean City Photo 1
Crab Cove 32Nd St Real Estate for Sale - 501 Penguin Dr #1A01 in Ocean City Photo 2
Crab Cove 32Nd St Real Estate for Sale - 501 Penguin Dr #1A01 in Ocean City Photo 3
Crab Cove 32Nd St Real Estate for Sale - 501 Penguin Dr #1A01 in Ocean City Photo 4
Crab Cove 32Nd St Real Estate for Sale - 501 Penguin Dr #1A01 in Ocean City Photo 5
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
View All Property Details
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

Client Care Team

(443) 552-7579

Property Details

Community Information

Address 501 Penguin Dr #1A01, Ocean City, MD 21842
County Worcester
City Ocean City
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

Walking and Transportation

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

Crab Cove 32Nd St Real Estate for Sale - 501 Penguin Dr #1A01 in Ocean City
ASAP
Mon 20 Jul
Tue 21 Jul
Wed 22 Jul
Thu 23 Jul
Fri 24 Jul
Sat 25 Jul
Sun 26 Jul
Scheduling is free, and you can cancel anytime.
Get Directions
Listing Information Last Updated 6/23/2026
Listing provided courtesy of Karen Rollings, Exp Realty, LLC.
The information being provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. Coastal Life Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coastal Life Realty Group, a broker participant of Bright MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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.
501 Penguin Dr #1A01 Ocean City, MD 21842
  • $575,000
  • 3 beds
  • 2 full  1 half baths
  • 1,118 Sq. Ft.