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54 Lexington Ave 32Gloucester, MA 01930

For Sale

$299,000

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Enjoy easy access to Magnolia Beach living for just $299,000! This charming top-floor STUDIO condominium offers a wonderful opportunity to own your own place in the picturesque seaside village of Magnolia.Just a short distance from Magnolia Beach, Magnolia Pier, and Coolidge Reservation, this inviting studio is all about location, convenience, and the coastal lifestyle. Inside, you’ll find hardwood floors, a spacious kitchen with granite countertops, and an efficient open layout that makes excellent use of the limited space.One of the highlights is the private deck with beautiful ocean views—the perfect spot for morning coffee, relaxing after the beach, or enjoying warm summer evenings.Additional conveniences include a shared 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-à-terre studio is ideal as a cozy year-round residence, extra room for guests, quick weekend-vacation getaway, or an income producing investment property. Truly a rare opportunity for savvy buyers.

Last updated September 03, 2026

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Source: MLSPin #73544618

Listing Facts

  • TypeCondo
  • NeighborhoodMagnolia
  • Bathrooms1
  • Days on Prevu73
  • HOA/Maint. Fees$292/month
  • Taxes$2,490/year
  • Size400 sqft
  • Price per sqft$748

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking
  • Storage

Location

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Listing History

08/25/2026
Price Decreased
$299,000
07/04/2026
Listed by
$319,000
  1. 08/25/2026$299,000
    Price Decreased
  2. 07/04/2026$319,000
    Listed by

Property Details for 54 Lexington Ave 32

Association

Amenities

  • Association Amenities: Hot Water, Laundry, Storage
  • Community Features: Park, Stable(s), Golf
  • Pets Allowed: Yes

Fees

  • Association Fee: $292.00 Monthly
  • Association Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Exterior

Construction

  • Number Of Units Total: 11
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1920
  • Year Built Details: Approximate
  • Building Name: Ocean Breeze Condominiums
  • Construction Materials: Frame
  • Entry Level: 3
  • Entry Location: Unit Placement(Upper)
  • Exterior Features: Balcony

Features

  • Patio And Porch Features: Deck
  • View: Ocean, Water
  • Waterfront Features: Ocean Front

Measurements

  • Building Area Total: 400
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0167 B:0017 L:0032,4556395
  • Tax Annual Amount: $2,490.00
  • Tax Assessed Value: $256,200.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator
  • Flooring: Wood, Tile
  • Interior Features: Recessed Lighting

Measurements

  • Living Area: 400
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Rooms Total: 3

Parking

Parking

  • Open Parking Spaces: 1
  • Parking Features: Off Street, Assigned
  • Parking Total: 1

Schools

High School

  • High School: Ghs

Middle or Junior School

  • Middle Or Junior School: O'malley Innovation Ms

Utilities

Equipment

  • Heating: Baseboard, Oil
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer, Private Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is bedrooms and 1 bathroom in this condo at 54 Lexington Ave 32.

What schools are nearby to 54 Lexington Ave 32?

Nearby schools include the O'malley Innovation Ms Middle School and Ghs High School.

Does this condo have parking?

Yes, there is 1 parking space available for 54 Lexington Ave 32.

Are pets allowed at 54 Lexington Ave?

Yes, 54 Lexington Ave allows pets.

What are the annual taxes for 54 Lexington Ave 32?

Annual taxes for this condo are estimated at $2,490.

How does 54 Lexington Ave 32 compare to other condos in Magnolia?

This condo is listed 75% below the average price for condos in Magnolia and has been on the market for 49 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Ocean Breeze Condominiums building.

What is the square footage on this condo?

According to the MLS, this listing is 400 sqft.

54 Lexington Ave 32 is a -bedroom, 1-bath condo for sale in Gloucester MA 01930. Listed on Prevu for 73 days at $299,000. This includes a recent price decrease of $20,000. This home features 400 square feet of living space, located in Magnolia. The median listing price for condos in this area is $1,348,750. Nearby schools include O'malley Innovation Ms Middle School and Ghs High School. The home offers private outdoor space, pets allowed, storage, and parking. Explore more condo listings in Gloucester.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.