$3,250,000

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

10

Beds

9

Baths

5,347

Square feet

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!

Facts & Features

MLS® # MDWO2015358
Price $3,250,000
Bedrooms 10
Bathrooms 9.00
Full Baths 8
Half Baths 2
Square Footage 5,347
Acres 0.00
Year Built 2007
Type Residential
Sub-Type Condo, Unit/Flat/Apartment, Garden 1 - 4 Floors
Style Condo/Unit
Status Active

Community Information

Address 5 87th St #303 & 301
Area Ocean Block (82)
Subdivision NONE AVAILABLE
City Ocean City
County WORCESTER-MD
State MD
Municipality Ocean City
Zip Code 21842
Senior Community No

Amenities

Amenities Bar, Carpet, CeilngFan(s), Entry Lvl BR, Recessed Lighting, Soaking Tub, Sprinkler System, Walk-in Closet(s), Shades/Blinds, Tub Shower, Upgraded Countertops, Wine Storage
Utilities Cable TV
Parking Spaces 6
Parking Assigned
# of Garages 18
Garages Covered Parking
View Bay, Ocean
Is Waterfront No

Interior

Interior Features Floor Plan-Open
Appliances Dryer - Electric, Energy Star Appliances, Icemaker, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven-Single, Cooktop, Built-In Microwave, Disposal
Heating Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C, Heat Pump(s)
Has Basement No
Fireplace No
# of Stories 1
Stories 1 Story

Exterior

Exterior Vinyl Siding
Exterior Features Balcony, Terrace, Porch-wraparound
Windows Sliding, Insulated
Roof Asphalt
Foundation Pillar/Post/Pier

School Information

District WORCESTER COUNTY PUBLIC SCHOOLS
Elementary OCEAN CITY
Middle BERLIN INTERMEDIATE SCHOOL
High STEPHEN DECATUR

Additional Information

Date Listed July 29th, 2023
Days on Market 276
Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSheppard Realty Inc
Contact Info4437830299

Listing Map

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