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

$1,500,000
5
BD
5
BA
2,725
SqFt
List Price
$1,500,000
Price Change
▼ $250,000 1713656977
Days on Market
335
Status
ACTIVE
Type
Condo
MLS#
MDWO2017506
Bedrooms
5
Bathrooms
5
Full Baths
4
Half Baths
1
Living Area
2,725
Style
Unit/Flat
Year Built
2007
County
Worcester
School District
Worcester County Public Schools

Property Description

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

Additional Information

Area
Ocean Block (82)
Subdivision
None Available
Building Name
St Kitts
Condo Fee
$3140
Condo Fee Frequency
Quarterly
Taxes
$9026
Interior Features
Bar, Ceiling Fan(s), Central Vacuum, Combination Dining/Living, Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments
Amenities
None
Elementary School
Ocean City
Middle School
Berlin Intermediate School
High School
Stephen Decatur
Community Amenities
None
Heating
Heat Pump(s)
Cooling
Ceiling Fan(s), Central A/C, Heat Pump(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sheppard Realty Inc. Contact: 4437830299