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11200 COASTAL HIGHWAY #1002 RAINBOW photograph
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For sale

$799,000

11200 COASTAL HIGHWAY #1002 RAINBOW

Ocean City, MD 21842

2 Beds · 2 Baths · 1,456 SF · Assigned, Parking Lot

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The condo

Unit-level detail as reported in the listing record.

Year built
1984
Ownership style
Condominium
Balcony
Balcony
Patio / terrace
Balcony
Flooring
Carpet
Heating
Exhaust Fan, Electric, Heat Pump
Cooling
Central Air, Electric
Furnished
Furnished
Appliances & features
Electric Range, Electric Oven, Electric Water Heater, Washer, Dishwasher, Dryer, Exhaust Fan, Freezer, Refrigerator, Microwave
Water
Public
Sewer
Public Sewer
Construction
Concrete

MLS reported

2-bedroom condo with 2 baths, 1,456 sq ft and assigned, parking lot.

What it costs

Estimated total monthly condo cost, including the association fee, taxes, insurance and mortgage assumptions you choose.

Estimated Monthly Condo Cost
$5,263/mo
Mortgage (principal & interest)
$4,040
Property taxes
$584
Insurance
Not supplied
Monthly condominium fee
$638/mo equivalent

insurance is not supplied for this condo, so it is not included above.

Based on 20% down · 30-year loan · 6.5% assumed rate (not a quote — enter your own below)

Living here

Parking, pets, utilities and amenities exactly as the listing record reports them.

Parking
Assigned, Parking Lot
MLS reported
Pets
Number Limit, Yes
MLS listing reported — confirm with the association
Association / project
11200 COASTAL HIGHWAY
MLS reported
Utilities
Public · Public Sewer
MLS reported

Amenities

  • Elevator(s)
  • Swimming pool — Community

MLS reported

The building

What you are buying into at the building level.

11200 COASTAL HIGHWAY

HSM does not yet hold verified building intelligence for this address.

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The association

Project and association detail HSM can attribute to the listing record. Anything unverified is stated as such rather than assumed.

Condominium / project name
11200 COASTAL HIGHWAY
MLS reported
Parking
Assigned, Parking Lot
MLS reported

Ownership considerations

What owning this condo involves — ongoing costs, association rules and building policies. Where HSM does not have verified information, that is stated rather than assumed.

Known

Monthly condominium fee
$638/mo
Parking
Assigned, Parking Lot

Needs verification

What the fee includes
Not supplied
Special assessments
Not supplied
Association reserves
Not supplied
Pet policy
Not supplied
Rental / leasing policy
Not supplied

The neighborhood

Ocean City, MD

Smart Condo Living

What living here is actually like

Transit

Rail, Metro and bus access.

Not yet independently sourced.
Dining

Restaurants and cafés nearby.

Not yet independently sourced.
Walkability

Everyday destinations on foot.

Not yet independently sourced.
Amenities

Building and community amenities.

Elevator(s), Swimming pool — Community · MLS reported
Convenience

Groceries, services and daily needs.

Not yet independently sourced.

Each factor is shown with its source. Unsourced factors are marked, never estimated.

Similar condos

3 comparable condos selected using property, cost, building and location factors.

Why this condo stands out

  • Lower condo fee than comparable condos

    $638/mo vs $1,400/mo average

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Listing 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?

Attribution. Keller Williams Realty Delmarva · — · Updated 2026-09-17

Property information is deemed reliable but not guaranteed. Independently verify all details. Display does not create a brokerage relationship.

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