5 87th St #303 & 301, OCEAN CITY

$3,250,000

10 Beds
9 Baths
5,347 Sqft
0 Acres
18 Garages

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!

Essential Information
MLS® #MDWO2015358
Price$3,250,000
Bedrooms10
Bathrooms9.00
Full Baths8
Half Baths2
Square Footage5,347
Acres0.00
Year Built2007
TypeResidential
StyleCondo/Unit
StatusActive
Sub-Type

Condo, Unit/Flat/Apartment, Garden 1 - 4 Floors

Community Information
Address5 87th St #303 & 301
AreaOcean Block (82)
SubdivisionNONE AVAILABLE
CityOCEAN CITY
CountyWORCESTER-MD
StateMD
MunicipalityOcean City
Zip Code21842
Amenities
UtilitiesCable TV
Parking Spaces6
ParkingAssigned
# of Garages18
GaragesCovered Parking
ViewOcean, Bay
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

Interior
Interior FeaturesFloor Plan-Open
HeatingHeat Pump(s)
# of Stories1
Stories1 Story
Appliances

Dryer - Electric, Energy Star Appliances, Icemaker, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven-Single, Cooktop, Built-In Microwave, Disposal

Cooling

Ceiling Fan(s), Central A/C, Heat Pump(s)

Exterior
ExteriorVinyl Siding
WindowsSliding, Insulated
RoofAsphalt
FoundationPillar/Post/Pier
Exterior Features

Balcony, Terrace, Porch-wraparound

School Information
ElementaryOCEAN CITY
MiddleBERLIN INTERMEDIATE SCHOOL
HighSTEPHEN DECATUR
District

WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information
ZoningR1
Listing Details
OfficeSheppard Realty Inc
Office Contact4437830299
Property History
Price Reduced from $3,500,000 to $3,250,000
Status Changed from Coming Soon to Active
LISTING MAP

Get directions to this property:

Bright Logo© 2019 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. All listing information copyright Bright 2025.

Listing information last updated on January 11th, 2025 at 7:06am EST.

SIGN UP FOR VERDANT UPDATES!