ACTIVE
5 87th St #301
Ocean City MD, 21842
$1,500,000
$550.46 per sqft
ACTIVE
5 Beds
5 Baths
2,725 sqft
Condo
Built in 2007
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
MDWO2017506
MLSⓇ ID
May 9, 2024
Updated
Map
5 87th St #301
Ocean City MD, 21842
Interior Features
Total Stories
4
Bedrooms
5
Total Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Interior Features
Elevator, Bar, Central Vacuum
Appliances
Dishwasher, Disposal, Refrigerator, Microwave, Cooktop, Washer, Electric Water Heater, Dryer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Heat Pump, Electric, Exhaust Fan
Exterior/Building Features
Architectual Style
Unit/Flat
Sewer
Public Sewer
School Information
School District
WORCESTER COUNTY PUBLIC SCHOOLS
High School
STEPHEN DECATUR
Elementary School
OCEAN CITY
Other Property Details
Area Name
Ocean City
Taxes
$8,642
Tax Frequency
Annually
Days on Market
177
Association Amenities
None
Garage
No
Parking Total
3
View
No
County
WORCESTER
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Listed by Jenny Sheppard, with Sheppard Realty Inc
Listing Contact: 4437830299
The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 4:57 AM UTC
