$799,000
 $4,289 est/mo Sourced by Back At You

11200 Coastal Hwy #1002 Rainbow,OCEAN CITY, MD 21842

OCEAN CITY, MD 21842

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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?

Details

MLS #MDWO2039450
Listing TypeFor Sale
StyleCondominium
Building NameRainbow
HOA Dues$638
Sub-TypeResale
StatusActive-bright
Year1984
Days On Site117
Listing Provided ByKeller Williams Realty Delmarva | Grant K Fritschle

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,456
Story(s)1
ZoningR-3
Water FrontYes

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingHeat Pump(s)
Interior FeaturesBathroom - Stall Shower, Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Window Treatments
Window FeaturesInsulated, Screens
FurnishedYes
AppliancesBuilt-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer

Exterior

Construction MaterialsConcrete, Masonry

Parking

Garage Yes / NoNo
Parking FeaturesAssigned

Taxes

Tax Annual Amount7012

Area Information

StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaDirect Oceanfront (80)
Community NameNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (in NONE AVAILABLE)
Price:
$799,000
low | high
Med:
$356,000
100% of Average
sqft:
1,456
low | high
Med:
1,444
50.824175824176% of Average
$ / sqft:
$549
low | high
Med:
$247
100% of Average
On site:
117
low | high
Med:
43
100% of Average
Sourced by Back At You

Market Activity 21842

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Learn More About This Property

StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaDirect Oceanfront (80)
Community NameNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (in NONE AVAILABLE)
Price:
$799,000
low | high
Med:
$356,000
100% of Average
sqft:
1,456
low | high
Med:
1,444
50.824175824176% of Average
$ / sqft:
$549
low | high
Med:
$247
100% of Average
On site:
117
low | high
Med:
43
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $599K - $998K
sqft: 1,000 - 1,500
Listing Updated: October 23, 2026 at 10:28:45 AM PDT
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