11200 Coastal Hwy Unit #1002 RAINBOW, Ocean City, MD 21842

$825,000
2
BD
2
BA
1,456
SqFt

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List Price
$825,000
Status
ACTIVE
Days on Market
17
MLS#
MDWO2039450
Style
Unit/Flat
Year Built
1984
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,456
Subdivision
None Available
Neighborhood
None Available
Building Name
Rainbow
MLS Area Major
Direct Oceanfront (80)

Property Description

Have you tried the "Oceanfront Condo Challenge"?  Try describing the perfect beach condo...we bet it would sound something like this ---- Oceanfront. End unit. Panoramic views.  An big floorplan with extra space.  Major updates already completed.  A strong Condo Association...  And a floor-height that isn't too high or too low....... If that's sounds 'perfect'; then you should keep reading.....(we're being serious.) These factors matter, they're important... that's why most people have the same list as above.   Which is why you should pay attention when a property gets listed that checks ALL of those boxes!   ---    This condo is one of the largest 2-bedroom floorplans you'll find anywhere on Ocean City's oceanfront, offering approximately 1,456 square feet of thoughtfully designed living space.  And as amazing as that is, that's not what makes this residence so special.... that feature is the result of it's location!  The Rainbow Condominium was uniquely designed unlike almost every other oceanfront high-rise in Ocean City, with residences staggered to maximize views and privacy. And within that design, the coveted "02" stack sits directly on the oceanfront while also enjoying the benefits of a south-end-unit.  That means, more windows. More natural light. More coastline. More perspective. And more VIEWS!    It's a combination unique to a handful of buildings in all of OC.    Located on the 10th floor, you're high enough to capture breathtaking panoramic views of the Atlantic Ocean, the coastline, and the surrounding shoreline, while remaining at that perfect height where you still feel connected to the beach below. Plus, at nearly 1,500 square feet, this residence isn't just 'larger' than most 2BR residences... It's bigger than most of the 3BR condos in high-rise row!   The additional space is noticeable from the moment you walk in, creating a layout that's comfortable for everyday living, entertaining family and friends, or spending extended time at the beach without ever feeling cramped. The owners have continued improving the property over the years with the things that matter most. A beautifully renovated kitchen, updated bathrooms with custom walk-in tiled showers, luxury vinyl plank flooring, updated appliances, and a new HVAC system installed in 2024 all contribute to a home that's exceptionally well cared for, completely move-in ready, and ready to be enjoyed from day one. And if you stop focusing on the individual residence itself, and you ask almost any experienced Ocean City Realtor which high-rise building has some of the lowest turnover paired with some of the highest owner satisfaction... and Rainbow will almost always be part of the conversation! Professional on-site management has remained remarkably consistent for decades, creating the kind of stability, continuity, and long-term confidence that buyers often overlook until they've experienced ownership in a building that doesn't have it. Add in the oceanfront pool, spacious sundeck, direct beach access, elevators, and one of the strongest ownership reputations in Ocean City, and it's easy to understand why owners tend to stay. Situated on 112th Street, you're perfectly positioned near Northside Park, Gold Coast Mall, grocery stores, coffee shops, outstanding restaurants, miniature golf, and countless local favorites, while enjoying one of the calmer/quieter stretches of Ocean City's oceanfront. This residence has been lovingly enjoyed as a private second-home and shows with a true 'pride of ownership' that's absent in many other condos.    At the end of the day, you can ask yourself one question.   Did you end up buying the condo that checked 'some' of those boxes up top.... or did you chose the condo that checked ALL the boxes?!   When you look back on this decision in 5-years, what will you say?

Additional Information

Amenities
Common Grounds, Elevator, Extra Storage, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
Interior Features
Bathroom - Stall Shower, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Window Treatments
Taxes
$7,012
HOA Includes
Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pool(s), Reserve Funds, Trash
Pets
Yes
Building Name
Rainbow
Property Description
Unit/Flat
Zoning
R-3
Flooring
Carpet
Appliances
Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer
Heating
Heat Pump(s)
Air Conditioning
Central A/C
Levels
1
Pool
Yes
Parking
Assigned
School District
Worcester County Public Schools

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact: 4105246400