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This is the 4th of 4 fractional ownership shares being listed for sale for this unit. Interested in having a place in OC, but not spending an arm and a leg? This is your chance to enjoy shared ownership of a condominium in Ocean City that sits on the open bay! This is one of four listings that allows you to buy 1 share of 10 shares of 10 ownership in this unit. Each share is individually deeded!Ownership of a share gives you one week use of the unit every ten weeks (rotating annually). If you'd prefer to rent out some of your weeks you can do that too. There are no rental restrictions.Please note this is NOT a timeshare. It's simply shared ownership of a unit with a small group of other individuals who wanted a piece of Ocean City without the hassles and cost of full ownership.Unit 301 also comes with an assigned boat slip! So, bring your boat to make the most of this direct open bay condo! Bayshore Drive is in the 28th St area of Ocean City, so you're a short walk or bike ride from great restaurants and bars like Buxy's, Mother Cantina, Touch of Mediterranean and others!Currently the owners use a system where each share holder pays $1500 per year to cover all: taxes, condo fees, utilities, insurance, cable, internet, telephone, water/sewer, and trash.
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Listing information last updated on June 1st, 2020 at 4:50am EDT.