712 Gulf Stream Drive, Ocean City, MD 21842-5894 $749,000

Beds/Baths: 3/2
Interior Sq. Ft: 1,392
Acreage: 0.08
Age:34 years
Style:
Ranch/Rambler
MLS#: MDWO2030178
Subdivision: Montego Bay
Design/Type:
Detached

Description

Waterfront Perfection in Montego Bay – Bay Views, Deep Water Access & More Welcome to 712 Gulf Stream Drive—an exceptional waterfront property nestled along one of the widest canals in Ocean City’s beloved Montego Bay community. With sweeping views of the bay and direct access to open water, this rare offering combines an unbeatable location with turnkey comfort, offering the ultimate coastal lifestyle for boaters and beach lovers alike. Positioned on a premium canal-front lot, this home enjoys not only scenic beauty but also practical advantages. The private boat lift is perched over some of the deepest water in Ocean City, making it ideal for larger boats or vessels with deeper drafts—something not easily found elsewhere. Whether you’re a serious boater or a weekend cruiser, this setup is unmatched for convenience, safety, and accessibility. The home features three spacious bedrooms and a bright, meticulously maintained interior that reflects true pride of ownership. The open-concept living space flows effortlessly into a charming three-season room overlooking the water—perfect for enjoying morning coffee, hosting friends, or unwinding with a sunset view after a day on the water. Thoughtful finishes and clean, coastal design elements make this home feel warm, inviting, and move-in ready. Step outside to discover your oversized waterfront dock, offering plenty of room for entertaining, lounging in the sun, or casting a line from your own backyard. Whether you're seeking a second home, an investment property, or a full-time residence, this home delivers exceptional value and unforgettable views. Located in Montego Bay, one of North Ocean City’s most sought-after communities, you'll enjoy access to amenities like two outdoor pools, tennis courts, a community fishing pier, and scenic walking trails—all with no ground rent and low HOA fees. Plus, you’re just a few short blocks from the beach, Northside Park, dining, and entertainment. 712 Gulf Stream Drive is more than just a home—it’s a waterfront sanctuary where every day feels like a vacation. *Professional Photography Coming Shortly

Taxes: $6,741
Home Assoc: $400/Annually
Condo Assoc: No
Garage: N
Basement: N
Pool: Yes - Community
School Dist: Worcester County Public Schools

Features

Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Type: Canal; Navigable: Yes;

Community
HOA: Yes; Amenities: Common Grounds, Pool - Outdoor, Tennis Courts; Fee Includes: Common Area Maintenance, Management, Reserve Funds;

Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit

Garage/Parking
Off Street

Interior
Entry Level Bedroom, Window Treatments, Insulated Windows, Window Screens, Storm Windows, Storm Doors

Exterior
Block Foundation, Crawl Space Foundation, Asphalt Roof, Frame Exterior, Modular/Manufactured Exterior, Vinyl Siding, Deck(s), Patio(s), In Ground Pool

Lot
Canal View, Water View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

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This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $46,876

Community Summary

  • Population Density (ppl / mile): 683
  • Household Size (ppl): 2.04
  • Households w/ Children: 22%

Housing Inventory

  • Owned: 3,625 (11.1%)
  • Rented: 1,559 (4.8%)
  • Vacant: 27,482 (84.1%)
  • Total: 32,666

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,655
Households: 5,184
Median Age: 52.40

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 2.8%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 22.0%
  • Associate Degree: 8.5%
  • Bachelor's Degree: 21.3%
  • Graduate Degree: 10.9%

Income by dollar range

Median Income: $55,064

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $713
  • One Bedroom: $830
  • Two Bedroom: $1,105
  • Three Bedroom: $1,412
  • Four Bedroom: $3,501

© 2025 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Keller Williams Realty Delmarva , (410) 524-6400, lwbunting@comcast.net

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/26/2025.

712 Gulf Stream Drive, Ocean City, MD 21842-5894

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.