5 87th St #301, OCEAN CITY

$1,500,000

5 Beds
4½ Baths
2,725 Sqft
0 Acres
0 Garages

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

Essential Information
MLS® #MDWO2017506
Price$1,500,000
Bedrooms5
Bathrooms4.50
Full Baths4
Half Baths1
Square Footage2,725
Acres0.00
Year Built2007
TypeResidential
StyleCondo/Unit
StatusActive
Sub-Type

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

Community Information
Address5 87th St #301
AreaOcean Block (82)
SubdivisionNONE AVAILABLE
CityOCEAN CITY
CountyWORCESTER-MD
StateMD
MunicipalityOcean City
Zip Code21842
Amenities

Bar, CeilngFan(s), Central Vacuum, Elevator, Entry Lvl BR, Master Bath(s), Recessed Lighting, Upgraded Countertops, Shades/Blinds

Interior
Interior FeaturesFloor Plan-Open
HeatingHeat Pump(s)
# of Stories4
Stories4
Appliances

Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater

Cooling

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

School Information
ElementaryOCEAN CITY
MiddleBERLIN INTERMEDIATE SCHOOL
HighSTEPHEN DECATUR
District

WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information
ZoningR
Listing Details
OfficeSheppard Realty Inc
Office Contact4437830299
Property History
Price Reduced from $1,750,000 to $1,500,000
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Listing information last updated on January 22nd, 2025 at 1:03pm EST.

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