2 Dorchester St #507, OCEAN CITY

$925,000

3 Beds
2½ Baths
1,472 Sqft
0 Acres
2 Garages

Breathtaking five star rated direct ocean, beach & boardwalk front corner condo in Belmont Towers with walkout access to the full length balcony from every bedroom plus the living room. Enjoy spectacular panoramic beach, boardwalk and ocean views through glass sliders and all new crystal clear windows from every room of this exceptional updated corner condo in Belmont Towers with strong rental history ($85,000 gross for the 2024 and 2023 season even with two owner use weeks and is nearly booked for the 2025 season through OC Beachfront Rentals with a net rental contract in place for 2025 that transfers to the new owner (OC Beachfront Rentals manages rentals, cleaning, linens and maintenance so all you have to do is collect the net rental payments if investment is your primary focus). This unit has the potential to do between $95,000 and $100,000 plus in gross rental income if desired; the current owners have preferred to use two owner weeks both of the last two years. This bright sun-lit condo and its furnishings were refreshed during 2022 through 2024; with many updates to the condo as well as its furnishings, is fully stocked in every way and has been meticulously maintained. With 3 bedrooms (5 beds including a King suite with a spa like bath that has a rainfall shower, Queen, Bunk with a full, twin and an additional twin trundle, plus an additional pull out Queen Sleeper in the living room), 2.5 baths and an open functional and spacious layout in the best location in town, this condo is sure to please every size group from smaller families to larger groups for all types of vacation, holiday or other gatherings. Watch an ocean sunrise over the beach from the balcony and end the day with sunset views over the bay. Sleep listening to the sound of waves crashing on the shore. Watch the Dorchester St fireworks, Oceans Calling or Country Calling concerts and other events, or dolphin and people watch right from the comfort of your balcony. There is a rooftop pool that is located on the 12,500-SqFt sun deck that has a putting green and picnic tables, and there is also a fitness center, sauna and more. Park your cars in the two reserved owner spaces in the gated parking garage with elevators and luggage carts available for added convenience and walk to everything including the world famous boardwalk and pier, restaurants, water sports, shopping, mini golf and more.

Essential Information
MLS® #MDWO2028522
Price$925,000
Bedrooms3
Bathrooms2.50
Full Baths2
Half Baths1
Square Footage1,472
Acres0.00
Year Built2007
TypeResidential
StyleCoastal
StatusActive
Sub-Type

Unit/Flat/Apartment, Hi-Rise 9+ Floors

Community Information
Address2 Dorchester St #507
AreaDirect Oceanfront (80)
SubdivisionNON DEVELOPMENT
CityOCEAN CITY
CountyWORCESTER-MD
StateMD
MunicipalityOcean City
Zip Code21842
Amenities
# of Garages2
GaragesInside Access
ViewWater, Panoramic, Bay, Ocean
Is WaterfrontYes
WaterfrontOcean
Has PoolYes
Amenities

Soaking Tub, Stall Shower, Bathroom - Walk-In Shower, CeilngFan(s), Crown Molding, Entry Lvl BR, Pantry, Master Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Shades/Blinds, Master Bedroom - Ocean Front

Parking

Secure Parking, Private, Prk Space Cnvys

Interior
Interior FeaturesFlat, Floor Plan-Open
HeatingForced Air
CoolingCentral A/C
FireplaceYes
# of Fireplaces1
FireplacesCorner, Gas/Propane, Marble
# of Stories1
Stories1 Story
Appliances

Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer-front loading, Energy Star Appliances, ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Icemaker, Oven-Self Cleaning, Oven-Single, Oven/Range-Electric, Range hood, Refrigerator, Stainless Steel Appliances, Washer, Washer-front loading, Washer/Dryer Stacked, Water Heater, Water Heater - High-Efficiency

Exterior
ExteriorStucco
RoofMetal
Exterior Features

Exterior Lighting, Roof Deck, Secure Storage, Sidewalks, Street Lights, Balcony

District

WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information
ZoningRESIDENTIAL
Listing Details
OfficeVRA Realty
Office Contact4848001777
Property History
Price Reduced from $945,000 to $925,000
Price Reduced from $985,000 to $945,000
LISTING MAP

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Listing information last updated on March 6th, 2025 at 11:31am EST.

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