• 5 87th Street #301 OCEAN CITY, MD 21842

  • $1,500,000
  • 5
    Bed(s)
  • 4.5
    Baths
  • 2,725
    Sq Ft

This amazing spacious unit has 5 bedrooms and 4.5 baths, new HVAC unit, newly replaced sliding doors, and surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. The condo has 3 covered assigned spaces, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunset" Unit 301, at 2722 sq ft, is a proven high income producing rental that is being offered turn key/ fully furnished so all you have to do it start collecting the rental income. Sunset also features LVP flooring, granite counters & island, tray ceilings as well as sliders and windows galore. To the east of this unit sits a beautifully decorated terrace perfect for entertaining and or family gatherings. This is an incredible offering to allow large families or great travel friends to own together in one of the most desirable garden style condo buildings in town or an incredible investment opportunity that could bring in over $100k+- in gross rental income per year per unit

Property Type :

Residential

Subdivision :

None Available

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Master Bedroom Level: 5

Bathroom Information

Total Baths: 5

Full Baths: 4

Half Baths: 1

Laundry Source

Laundry Type : Dryer In Unit,Washer In Unit

Water/Sewer

Water Source : Public

Interior Features

Bar,Ceiling Fan(s),Central Vacuum,Combination Dining/Living,Dining Area,Elevator,Entry Level Bedroom,Floor Plan - Open,Kitchen - Gourmet,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Window Treatments

Property Amenities: None

Property Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Exhaust Fan,Refrigerator,Stainless Steel Appliances,Stove,Washer,Water Heater

Heating & Cooling

Cooling: Ceiling Fan(s),Central A/C,Heat Pump(s)

Heating: Heat Pump(s)

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 2007

Structure: Unit/Flat/Apartment

Major Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Exhaust Fan,Refrigerator,Stainless Steel Appliances,Stove,Washer,Water Heater

New Construction: No

Built: 2007

Construction Material: Cement Siding

Amenities: None

Architecture: Unit/Flat

Pool/Private: No Pool

Exterior Features

Building Name: St Kitts

Pool Information

Pool: No Pool

Amenities

None

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Dimensions: 0.00 x 0.00

Architectural Style: Unit/Flat

Property Information

SQ ft: 2,725

SQ ft (Living Area): 2,725

Subdivision: NONE AVAILABLE

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

New Construction: No

Type: Unit/Flat

Listing Information

Possession: 0-30 Days CD

Common/Club Amenities: None

Days Of Market: 178

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $8,642

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Terms/Deposits/Fees

Condo Fees: $3,140

Assoc Fee Freq: $Quarterly

Possession

0-30 Days CD

Assessment Information

Taxes Assessment Amount: $613,100

Virtual Tour

Parking Information

Total Parking Spaces: 3

Parking Lot - # of Spaces: 3

Parking Type: Parking Lot

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Unit: 301

Homeowners Association Information

Association Fee 2: $3,140

HOA Fee Frequency: Quarterly

Other Fee Frequency: Quarterly

Direction: 87th street bayside

School Information

Elementary School: OCEAN CITY

Middle OR Junior School: BERLIN INTERMEDIATE SCHOOL

High School: STEPHEN DECATUR

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: 87th street bayside

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8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/19/2024 @ 07:04

MLS: MDWO2017506
LISTED BY: Jenny Sheppard , Sheppard Realty Inc
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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