$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 |
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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
Office | Sheppard Realty Inc |
---|---|
Contact Info | 4437830299 |