Ocean City, MD 21842 705 Gulf Stream Drive

Pending
Presented By: Berkshire Hathaway HomeServices Homesale Realty
  • MLS# MDWO2035092
  • 11/26/2025
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  • Beds • 2
  • Baths • 2
  • SQFT • 1,200

Home Details

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!
Presented By: Berkshire Hathaway HomeServices Homesale Realty

Interior Features for 705 Gulf Stream Drive

Bedrooms

Main Level Bedrooms2
Total Bedrooms2

Bathrooms

Bathrooms Half Main Level0
Half Baths
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
Above Grade Finished Area1200
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Laundry TypeMain Floor

Other Rooms

Room TypeBedroom 2, Bedroom 1, Bathroom 1, Bathroom 2

Room Details for 705 Gulf Stream Drive

Bathroom 1

level Main

Bathroom 2

level Main

Bedroom 1

level Main

Bedroom 2

level Main

General for 705 Gulf Stream Drive

Acceptable FinancingCash, Conventional, FHA 203(k)
AccessibilityNone
Architectural StyleModular/Pre-Fabricated
Assoc Fee Paid PerAnnually
Association AmenitiesCommon Grounds, Jog/Walk Path, Picnic Area, Pool - Outdoor, Putting Green, Shuffleboard, Tennis Courts, Other
Association Fee IncludesCommon Area Maintenance, Pool(s), Road Maintenance
Association NameMONTEGO BAY CIVIC ASSOCIATION
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
Body of WaterAssawoman Bay
Building NameMONTEGO BAY CIVIC ASSOCIATION
CityOCEAN CITY
Condo/Coop Association fee Y/NNo
Construction MaterialsAluminum Siding
Cool FuelElectric
CoolingCentral A/C, Ceiling Fan(s)
CountyWORCESTER
Directions130th St to Sea Breeze Drive, bear right on Beachcomber Ln to right on Oyster Ln & left on Gulf Stream
Full Baths2
Garage Y/NNo
HOAYes
HOA Fee$396.00
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Legal SubdivisionMONTEGO BAY MHP
Levels1
Living Area1200
Location TypeBayside
Lot Size Square Feet3485.00
Lot Size UnitsSquare Feet
MLS AreaBayside Interior (83)
New ConstructionNo
Other StructuresAbove Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG208.33
Property ConditionBelow Average
Property TypeResidential
School DistrictWorcester County Public Schools
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Structure TypeManufactured
Subdivision NameMONTEGO BAY
Tax Annual Amount190000.0
Tax Assessed Value190000.0
Tax Year2025
Total Rooms4
Total SQFT1200
Vacation Rental Y/NNo
Water Access Y/NYes
Year Built1989
Year Built SourceEstimated
ZoningTR

Exterior for 705 Gulf Stream Drive

Horse Y/NNo
Lot Size Acres0.08
Lot Size SourceEstimated
Navigable Water Y/NYes
Parking FeaturesConcrete Driveway
PoolYes - Community
Total Parking Spaces2
Type of ParkingDriveway
Water Body TypeCanal
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $250,000
MLS#MDWO2035092
List Date 11/26/2025
Property Type Pending
Phone 703.929.4729
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