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5 87Th Street # 301 Ocean City, MD $ 1,500,000
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$ 1,500,000 Get more info
5 87Th Street # 301
$ 1,500,000
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Share Save

5 87Th Street # 301

Ocean City, MD, 21842
$ 1,500,000
Bedrooms5 Baths4.1 Sq 2,725

Monthly Estimate*

$ 8,984

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View a Virtual Tour

Condo for sale in Ocean City, MD

for $1,500,000 with 5 bedrooms and 4 full baths, 1 half bath. This 2,725 square foot condo was built in 2007.

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

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Condo Active

Price

$ 1,500,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Condo

Taxes

$ 9,026

Style

Unit/Flat

Year Built

2007

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2017506
Features
General
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
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Ceiling Fan(s) Central A/C Heat Pump(s)
Possession 0-30 Days CD
Appliances Built-In Microwave Dishwasher Disposal Dryer - Electric Exhaust Fan Refrigerator Stainless Steel Appliances Stove Washer Water Heater
Zoning R
Association Fee Includes Ext Bldg Maint Insurance Management
Architectural Style Unit/Flat
Construction Materials Cement Siding
School District WORCESTER COUNTY PUBLIC SCHOOLS
Year Built 2007
Levels 4
Unit Number 301
Tax Year 2024
Percent Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name St Kitts
Accessibility Elevator
HOA Fee 2 3140.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities None
Home Owner Assoc N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 4
Status ACTIVE
Directions 87th street bayside
City OCEAN CITY
Disclosures Flood Zone Prop Disclaimer Rental Permits Subject to Condo/HOA Docs
Senior Community Y/N N
MLS Area Ocean Block (82)
Waterfront Y/N N
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 9026.0
Home Warranty Y/N N
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N Y
Bathrooms Full Main Level 4
Bathrooms Count Main Level 5.00
Price Per Sq Ft Total AG 550.46
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N Y
Virtual Tour https://hd.pics/x1061587
Days on Market 314
Standard Status Active
Year Built Source Assessor
Legal Subdivision ST KITTS CONDO
Tax Lot 301
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2725
Half Baths 1
Central Air Y/N Y
Total Bedrooms 5
Below Grade Finished Area 0
Entry Level 3
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 5
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Exterior
Pool No Pool
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5
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* Excluded Features
List By
Sheppard Realty Inc

Broker

jennysoldit@aol.com

Email

Affordability Calculator

$9,736
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,984
Monthly Property Taxes
$752
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3536051 Elementary School
3536239 Middle School
Stephen Decatur High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/20/2024$1,500,000 -14.29% Price Down
11/8/2023$1,750,000 Listed Price

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5 87Th Street # 301, Ocean City, MD, 21842 is a Condo for sale at $1,500,000 with 2,725 sqft. 5 87Th Street # 301 has 5 bedrooms, 4.1 baths, and was built in 2007. The property's zip code is 21842 which is in Ocean City, MD

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