tomo logo

$1,500,000

Beds
5
Baths
4.5
sq ft
2,725

5 87th St Unit 301, Ocean City, MD 21842

5 87th St Unit 301

OCEAN CITY, MD 21842

  • 381 days on market
    • Price drop $250,000↓
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

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$551

Year built

2007

Annual property taxes

$9,026

HOA

No

Price History

05/07/2024
Bright

Bright #MDWO2017506

Listed
$1,500,000

Schools & Community

Elementary school: 

OCEAN CITY

Middle school: 

BERLIN INTERMEDIATE SCHOOL

High school: 

STEPHEN DECATUR

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 11/22/2024 at 12:00 PM

Listing updated: 09/21/2024 at 3:46 PM

Listed by: Jenny Sheppard, Sheppard Realty Inc Phone #: (410) 213-1265

MLS: Bright #MDWO2017506

Bright logo