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5 87TH STREET 303 & 301
OCEAN CITY MD 21842 US

$3,250,000

Active Listing ID MDWO2015358
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10 bed
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10.00 Bath (8 Full Bath , 2 Half Bath)
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Condominium

$3,250,000

Active Listing ID MDWO2015358
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5 87TH STREET 303 & 301 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!

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 8
  • 1/2 Bathrooms: 2
  • Cooling System: Ceiling Fan(s), Central A/C, Heat Pumps
  • Heating Fuels: Heat Pump

School Information

  • School
  • OCEAN CITY(Elementary)
  • BERLIN INTERMEDIATE SCHOOL(MiddleSchool)
  • STEPHEN DECATUR(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 3250000
  • unparsedaddress: 5 87TH STREET
  • unitnumber: 303 & 301
  • postalcity: OCEAN CITY
  • stateorprovince: MD
  • country: US
  • postalcode: 21842
  • bathroomsfull: 8
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 5347
  • livingareaunits: Square Feet
  • latitude: 38.40428
  • longitude: -75.05899
  • listagentfullname: Jenny Sheppard
  • listagentemail: jennysoldit@aol.com
  • listagentkey: 3yd-TRENDPA-3255643
  • listagentmlsid: 3255643
  • listagentpreferredphone: 4106290200
  • listagentofficephone: 4102131265
  • listofficekey: 3yd-TRENDPA-DSR100
  • listofficemlsid: DSR100
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 2007
  • listingcontractdate: 2023-07-29
  • listagenturl: http://www.sheppardrealty.com
  • countyorparish: WORCESTER
  • elementaryschool: OCEAN CITY
  • highschool: STEPHEN DECATUR
  • elementaryschooldistrict: WORCESTER COUNTY PUBLIC SCHOOLS
  • middleorjuniorschooldistrict: WORCESTER COUNTY PUBLIC SCHOOLS
  • highschooldistrict: WORCESTER COUNTY PUBLIC SCHOOLS
  • appliances: Cooktop, Dryer, Garbage Disposer, Ice Maker, Microwave, Refrigerator
  • cooling: Ceiling Fan(s), Central A/C, Heat Pumps
  • constructionmaterials: Vinyl Siding
  • heating: Heat Pump
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 18
  • parkingfeatures: Assigned
  • view: Water
  • waterfrontyn: False
  • interiorfeatures: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Soaking Tub, Sprinkler System, Walk-in Closet(s), Window Treatments, Tub Shower, Upgraded Countertops, Wine Storage
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.05899, 38.40428
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5-87th-St-Unit-303_Ocean-City_MD_21842_M64667-96521?f=listhub&s=TRENDPA&m=MDWO2015358&c=rexren", "LeadRoutingEmail":"jennysoldit@aol.com", "BrokerName":"Sheppard Realty, Inc", "ListingTitle":"Unit/Flat/Apartment, Unit/Flat - OCEAN CITY, MD", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"dshep12907@yahoo.com", "ListOfficeAddress1":"19 Main STREET", "ListOfficeAddress2":null, "ListOfficeCity":"Berlin", "ListOfficePostalCode":"21811", "ListOfficeStateOrProvince":"MD", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Sheppard Realty, Inc", "ListBrokeragePhone":"(410) 629-0200", "ListBrokerageEmail":"jennysoldit@aol.com", "ListBrokerageWebsiteUrl":"http://www.sheppardrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"19 North Main Street", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Berlin", "ListBrokerageStateOrProvince":"MD", "ListBrokeragePostalCode":"21811", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-20T14:49:00Z", "Neighborhoods":[{"Name":"Ocean City", "Description":null}], "Taxes":[{"TaxYear":null, "TaxAnnualAmount":8575, "TaxDescription":null}]}
Listing Changed: 4/28/2024 1:03:12 AM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Jenny Sheppard, Sheppard Realty Inc, jennysoldit@aol.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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