5 87Th Street 301 Ocean City, MD 21842

$1,500,000
5
Beds
4.5
Baths
2,725
SQFT
550
$/SQFT
$1,500,000
5
Beds
4.5
Baths
2,725   sf
$550 / sf
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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

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

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Worcester
  • Area
    Ocean Block
  • HOA Dues
    $1,047/mo
  • Tax Amount
    $9,026
  • Status
    Active
  • Listing #
    MDWO2017506
  • Built
    2007
  • Listed on site
    410 days
  • Listing Agent Id
    300359859383

Listed by:
Sheppard Realty Inc

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • Has HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Low Rise

Property History

DateDays AgoEventNew Price
Apr 20, 20248 mos agoPrice decreased250,000 (14%)$1,500,000
Nov 7, 20231 yr agoNew on market$1,750,000
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