$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 #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
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