5 87TH ST #303 & 301 Active Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 5,347 sqft
Price per Sqft $607
Subdivision None Available
MLS Listing ID MDWO2015358
Style Unit/Flat
Bedrooms 10
Full Baths 8
Half Baths 2
Condo Fees $6,280/qua
Year Built 2007
Annual Tax Amount $8,856
Tax Year 2024
Property Description
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!
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning R1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Ceiling Fan(s),Central A/C,Heat Pump(s)
Flooring Ceramic Tile,Luxury Vinyl Plank,Carpet
Inclusions Unit 301 comes fully furnished , 303 mostly furnished units are being sold together
Equipment Dryer - Electric,Energy Efficient Appliances,Icemaker,Refrigerator,Stainless Steel Appliances,Washer,Water Heater,Oven - Single,Cooktop,Built-In Microwave,Disposal
Laundry Has Laundry,Washer In Unit,Dryer In Unit
Exterior
Exterior Feature Balcony,Terrace,Wrap Around
Garage Covered Parking
Garage Spaces 18.0
Parking On Site 6
Utilities Available Cable TV
Amenities Available Common Grounds,Picnic Area,Reserved/Assigned Parking
Waterfront N
Water Access N
View Ocean,Bay
Roof Type Asphalt
Building
Story 1
Foundation Pillar/Post/Pier
Sewer Public Septic
Water Public
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Berlin Intermediate School
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Pets Description Breed Restrictions