5 87th St Unit #303 & 301, Ocean City, MD, MD 21842

$3,250,000
10
BD
10
BA
5,347
SqFt
List Price
$3,250,000
Price Change
▼ $250,000 1713656977
Days on Market
436
Status
ACTIVE
Type
Condo
MLS#
MDWO2015358
Bedrooms
10
Bathrooms
10
Full Baths
8
Half Baths
2
Living Area
5,347
Style
Unit/Flat
Year Built
2007
County
Worcester
School District
Worcester County Public Schools

Property Description

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!

Additional Information

Area
Ocean Block (82)
Subdivision
None Available
Building Name
St Kitts
Condo Fee
$6280
Condo Fee Frequency
Quarterly
Taxes
$8856
Stories
4
Interior Features
Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Walk-in Closet(s), Window Treatments, Bathroom - Tub Shower, Upgraded Countertops, Wine Storage
Amenities
Common Grounds, Picnic Area, Reserved/Assigned Parking
Elementary School
Ocean City
Middle School
Berlin Intermediate School
High School
Stephen Decatur
Flooring
Ceramic Tile, Luxury Vinyl Plank, Carpet
Garage Spaces
18
Community Amenities
Common Grounds, Picnic Area, Reserved/Assigned Parking
View
Ocean, Bay
Heating
Heat Pump(s)
Cooling
Ceiling Fan(s), Central A/C, Heat Pump(s)
Roof
Asphalt
Utilities
Cable TV
Water
Public
Sewer
Public Septic

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sheppard Realty Inc. Contact: 4437830299