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5 87TH Street , #301

OCEAN CITY, MD 21842
  • $1,750,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: MDWO2017506
UPDATED: 4 min ago
$1,750,000
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 2,725
    SQFT
  • $642
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:

School Information

Elementary School:
High School:

Description

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 $140k+- in gross rental income per year per unit Must be sold with unit 303 mls #MDWO2017508 Or you may want to keep one for personal use and rent the other, either way this is an opportunity that doesn't come around often and will not be around for long! Both units combined could generate upwards of $280k+- Please note video tour shows both units combined

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©2023 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: 2023-11-29T13:54:16.213.
www.bartonatthebeach.com/homes/145080737
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5 87TH Street , #301 OCEAN CITY, MD 21842

  • Price: $1,750,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 4 min ago
  • ID#: MDWO2017506
5
Beds
4
Baths
1
½ Baths
N/A
Acres
2,725
SQFT
$642
$/SQFT
2007
Built
Neighborhood:
None Available
County:
Worcester
Area:
Ocean Block (82)
Elementary School:
Ocean City
Middle School:
Berlin Intermediate School
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
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 $140k+- in gross rental income per year per unit Must be sold with unit 303 mls #MDWO2017508 Or you may want to keep one for personal use and rent the other, either way this is an opportunity that doesn't come around often and will not be around for long! Both units combined could generate upwards of $280k+- Please note video tour shows both units combined
Exterior Features

Architectural Style Unit/Flat Construction Materials Cement Siding Garage YN No Parking Types Parking Lot Pool No Pool Riparian Rights YN No Unit Building Type Garden 1 - 4 Floors Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2725 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricExhaust FanRefrigeratorStainless Steel AppliancesStoveWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(s)Central A/CHeat Pump(s) Fireplace YN No Furnished Yes Heating Heat Pump(s) Heating YN Yes Interior Features BarCeiling Fan(s)Central VacuumCombination Dining/LivingDining AreaElevatorEntry Level BedroomFloor Plan - OpenKitchen - GourmetPrimary Bath(s)Recessed LightingUpgraded CountertopsWindow Treatments Laundry Type Dryer In UnitWasher In Unit Levels 4 Main Level Bedrooms 5

Property Features

Acceptable Financing CashConventional Accessibility Features Elevator Assessment Year 2023 Association Amenities None Association Fee Includes Ext Bldg MaintInsuranceManagement Association Fee2 3140.00 Association Fee2 Frequency Quarterly Association YN No Central Air YN Yes Condo YN Yes Cooling Fuel Electric Entry Level 3 Federal Flood Zone YN Yes Heating Fuel Electric Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 802721618850 Ownership Interest Condominium Pets Allowed YN No Possession 0-30 Days CD Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 8642.00 Tax Assessment Amount 613100.00 Tax Lot 301 Vacation Rental YN Yes Water Source Public Zoning R

Listing courtesy of Sheppard Realty Inc: .


©2023 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: 2023-11-29T13:54:16.213.
 
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At The Beach Real Estate
11615 1/2 Coastal Hwy Suite H
Ocean City MD, 21842