5 87TH ST #301 Active

Ocean City,MD 21842

$ 1500000

5 Beds

5 Baths

2725 SqFt


Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 2,725 sqft

Price per Sqft $550

Subdivision None Available

MLS Listing ID MDWO2017506

Style Unit/Flat

Bedrooms 5

Full Baths 4

Half Baths 1

Condo Fees $3,140/qua

Year Built 2007

Annual Tax Amount $9,026

Tax Year 2024

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 $100k+- in gross rental income per year per unit

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning R

Interior

Hot Water Electric

Heating Heat Pump(s)

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

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

Laundry Dryer In Unit,Washer In Unit

Exterior

Garage Spaces 3.0

Amenities Available None

Waterfront N

Water Access N

Building

Story 4

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Berlin Intermediate School

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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