Active
5 87th St #303 & 301
Ocean City MD, 21842
$3,250,000
$607.82 per sqft
Active
10 Beds
10 Baths
5,347 sqft
Condos
Built in 2007
Unique opportunity to own 2 units in the rarely available St. Kitts building fittingly named "Sunrise" & "Sunset." Each spacious unit has 5 bedrooms and 4.5 baths, new HVAC units, 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 condos have 6 covered assigned spaces, 3 per unit, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunrise" Unit 303, has been an occasional summer retreat for the current owners and is approximately 2622 sq. ft. and will convey with most furniture. The Gourmet kitchen features granite counters, plenteous kitchen cabinets , built in wine cooler & icemaker, the granite island conveniently offers a cooktop & vented stainless steel range hood so you can prepare a feast while socializing with your guests. The living area has aesthetically pleasing cork flooring, sliding doors and windows galore allowing an abundant of natural sunlight with views of the ocean. "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. In between the twin units 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 $280+- in gross rental income per year. Or you may just want to keep one for personal use and rent the other, either way this is an opportunity that doesn't come around often and will not be around for long!
MDWO2015358
MLSⓇ ID
July 29, 2023
Listed
October 2, 2024
Updated
Map
5 87th St #303 & 301
Ocean City MD, 21842
Interior Features
Total Stories
1
Bedrooms
10
Total Bathrooms
10
Full Bathrooms
8
Half Bathrooms
2
Interior Features
Kitchen Island, Bar, Walk-In Closet(s)
Appliances
Cooktop, Disposal, Refrigerator, Ice Maker, Microwave, Oven, Washer, Electric Water Heater, Dryer
Floor Description
Carpet, Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Heat Pump, Electric
Exterior/Building Features
Exterior Features
Balcony
Architectual Style
Unit/Flat
Roof
Asphalt
School Information
School District
WORCESTER COUNTY PUBLIC SCHOOLS
High School
STEPHEN DECATUR
Elementary School
OCEAN CITY
Other Property Details
Area Name
Ocean City
Taxes
$8,856
Tax Frequency
Annually
Days on Market
415
Association Amenities
Picnic Area
Garage
Yes
Garage Spaces
18
Parking Total
18
View
Yes
View Description
Bay, Water, Ocean
County
WORCESTER
Water Source
Public
Pool
No
Waterfront
Yes
Listed by Sheppard Realty Inc
Listing Contact: 4437830299
The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. 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 10/2/2024 at 7:15 AM UTC