Ocean Breeze Condominiums

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Location, Location and Location and value. This charming top floor condo offers an incredible opportunity to own in the picturesque, seaside village of Magnolia for $319,000. A short distance to Magnolia Beach, Magnolia Pier and Coolidge Reservation, this home delivers the coastal lifestyle you've been looking for. Inside you'll find hardwood floors, a spacious kitchen with granite countertops, and an efficient inviting layout. Step outside to your expansive private deck and enjoy beautiful ocean views, the perfect place to relax or entertain. Additional amenities include in-building laundry, a deeded parking space, and heat and hot water included in the condo fee. On the site of Magnolia’s legendary Oceanside Hotel, this appealing pied--terre is ideal as a year-round residence, extra room for guests, quick weekend-vacation getaway, or an income producing investment property. Truly a rare opportunity for savvy buyers.

More Info

Basic Information

  • Bedrooms1
  • Mls StatusNew
  • Bathroom1
  • Parcel Number M:0167 B:0017 L:0032,4564276
  • Unit Number32

Tax Information

  • Tax Assessed Value $256,200
  • Tax Year 2025
  • Taxes$2,490

School Information

  • High School Gloucester
  • High SchoolGloucester
  • Junior HighO'malley Innovation Ms

Parking

  • Parking Spaces1
  • Parking Features Off Street, Assigned

Rooms

  • Bathroom 1 First,7 x 5.916666666
  • Bathrooms Total Decimal 1
  • Full Bath1
  • Kitchen First,6.5 x 7.333333333

Basic Information

  • List Price$319,000
  • MLS Number73544618
  • Modification Date07/05/2026
  • Property SubTypeCondominium
  • Virtual TourView Tour

Location

  • NeighborhoodMagnolia
  • SubdivisionMagnolia
  • Address54 Lexington Avenue
  • Building Number54
  • CountyEssex
  • StateMA
  • StreetLexington Avenue
  • TownGloucester
  • Zip01930

Building

  • BasementY
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Entry Level 3
  • Patio And Porch Features Deck - Wood
  • Property NameOcean Breeze Condominiums
  • Rooms3
  • Stories1
  • Utilities For Electric Range
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Entry Location Unit Placement(Upper)

Interior

  • Flooring Wood, Tile, Flooring - Hardwood
  • Interior Features Dining Area, Breakfast Bar / Nook, Recessed Lighting, Lighting - Overhead, Living/Dining Rm Combo

Exterior

  • Exterior Features Balcony - Exterior, Deck - Wood

Utilities

  • Heat SystemYes
  • Heating Baseboard, Oil
  • Sewer Public Sewer, Private Sewer
  • Water Source Public

Property Information

  • Square Feet400
  • Building Area Source Public Records
  • Living Area 400
  • Lot Size Units Acres
  • Property Attached YN Yes
  • Structure Type Mid-Rise

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • House of Worship
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Association Amenities Hot Water, Laundry, Storage
  • Other AmenitiesGolf
  • PetsYes

Water Body

  • Miles to Beach0.3
  • Waterfront Features Ocean,1/10 to 3/10 To Beach, Beach Ownership(Public)

Legal

  • ZoningR-20

Other

  • Association Fee $272
  • Association Fee Frequency Monthly
  • Association Fee Includes
    • Heat
    • Insurance
    • Maintenance Grounds
    • Maintenance Structure
    • Reserve Funds
    • Sewer
    • Snow Removal
    • Trash
  • Date Listed07/04/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Nancy Peterson of J. Barrett & Company

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