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2 Dorchester Street , #903

OCEAN CITY, MD 21842
  • $1,395,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: MDWO2006690
UPDATED: 37 min ago
$1,395,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 1,892
    SQFT
  • $737
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:

School Information

Elementary School:
Middle School:
High School:

Description

PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY LOCATED IN ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! RARE FIND!!!! This south facing, very spacious Penthouse is in absolute pristine condition and offers expansive views of the ocean, Ocean City Inlet, ferris wheel, amusement park, Assateague Island, and open bay. 70 ft +/- water front balcony can be accessed from the living area and all 3 bedrooms. Spa like primary bathroom, his and hers closets in primary bedroom, custom built-in home office area, vaulted ceilings, wet bar in main living area, 2 natural gas fireplaces (gas paid for by the condo association) gourmet kitchen with s/s appliances and granite countertops.+-This unit has never been rented, it's only been used occasionally by family members. Estimated annual rental income capability is $95K - $110K. Rental comps for a like unit available upon request. Building amenities include - outdoor southern exposed community pool, exercise room, sauna, putting green, picnic area, owners meeting room, outdoor shower, secure owner storage area, two side-by-side assigned parking spaces (located on level 3 on the north side of the parking garage), secure building , secure parking garage, year round on-site security. Very well managed condo association. This units has it all!!!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or At The Beach Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-26T15:54:24.133.
www.bartonatthebeach.com/homes/127106992
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2 Dorchester Street , #903 OCEAN CITY, MD 21842

  • Price: $1,395,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 37 min ago
  • ID#: MDWO2006690
3
Beds
3
Baths
1
½ Baths
N/A
Acres
1,892
SQFT
$737
$/SQFT
2007
Built
Neighborhood:
Non Development
County:
Worcester
Area:
Direct Oceanfront (80)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY LOCATED IN ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! RARE FIND!!!! This south facing, very spacious Penthouse is in absolute pristine condition and offers expansive views of the ocean, Ocean City Inlet, ferris wheel, amusement park, Assateague Island, and open bay. 70 ft +/- water front balcony can be accessed from the living area and all 3 bedrooms. Spa like primary bathroom, his and hers closets in primary bedroom, custom built-in home office area, vaulted ceilings, wet bar in main living area, 2 natural gas fireplaces (gas paid for by the condo association) gourmet kitchen with s/s appliances and granite countertops.+-This unit has never been rented, it's only been used occasionally by family members. Estimated annual rental income capability is $95K - $110K. Rental comps for a like unit available upon request. Building amenities include - outdoor southern exposed community pool, exercise room, sauna, putting green, picnic area, owners meeting room, outdoor shower, secure owner storage area, two side-by-side assigned parking spaces (located on level 3 on the north side of the parking garage), secure building , secure parking garage, year round on-site security. Very well managed condo association. This units has it all!!!
Exterior Features

Architectural Style Coastal Assigned Parking Spaces 2 Construction Materials Stucco Direction Faces West Exterior Features Exterior LightingOutside ShowerSecure Storage Garage Spaces 150.00 Garage Type Other Garage YN No Location Type Downtown Other Structures Above GradeBelow Grade Parking Features Assigned Parking Types Parking Garage Pool Yes - Community Property Condition Very Good Roof Metal Unit Building Type Hi-Rise 9+ Floors View OceanBayPanoramicWater Water Access Features Public Beach Water Access YN Yes Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront Features Sandy Beach Waterfront YN Yes

Interior Features

Above Grade Fin SQFT 1892 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricOven/Range - ElectricRange HoodRefrigeratorStainless Steel AppliancesWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Excluded items Are identified in The Document Section Of This Listing. Fireplace YN Yes Fireplaces Total 2 Flooring HardwoodCeramic Tile Heating Heat Pump(S) Heating YN Yes Interior Features Crown MoldingsDining AreaFlatFloor Plan - OpenKitchen - GourmetSoaking TubSprinkler SystemStall ShowerWet/Dry BarWindow TreatmentsWood Floors Levels 1 Main Level Bedrooms 3 Pets Allowed No Pet Restrictions Security Features Main Entrance LockSmoke DetectorSprinkler System - Indoor Spa YN No Unit Floors 1 Walls Ceilings 9'+ CeilingsDry WallVaulted Ceilings

Property Features

Acceptable Financing Bank PortfolioCashConventionalExchange Accessibility Features None Assessment Year 2022 Association Amenities Common GroundsElevatorExercise RoomExtra StorageFitness CenterMeeting RoomPicnic AreaPool - OutdoorPutting GreenReserved/Assigned ParkingSaunaSecurity Association Fee Includes Common Area MaintenanceExt Bldg MaintGasInsuranceManagementPool(S)Reserve FundsSaunaWater Association Fee2 2435.18 Association Fee2 Frequency Quarterly Association YN No Central Air YN Yes Common Walls 1 Common Wall Condo YN Yes Cooling Fuel Electric Elevators 2 Entry Level 9 Federal Flood Zone YN Yes Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Ocean City Navigable Water YN Y New Construction YN No Number Of Units Total 75 Original MLSNumber 801427576882 Ownership Interest Condominium Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Penthouse Unit/Flat/Apartment Tax Annual Amount 9358.00 Tax Assessment Amount 662200.00 Tax Lot 903 Transportation Bus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Residential

Listing courtesy of Berkshire Hathaway Homeservice Penfed Realty - Woc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or At The Beach Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-26T15:54:24.133.
 
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11615 1/2 Coastal Hwy Suite H
Ocean City MD, 21842