$995,000
$1,050,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
2 DORCHESTER ST #702 Ocean City, MD 21842
3 Beds
3 Baths
1,693 SqFt
Key Details
Sold Price $995,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $587
Subdivision Non Development
MLS Listing ID MDWO2008758
Style Coastal
Bedrooms 3
Full Baths 3
Condo Fees $2,400/qua
Year Built 2007
Annual Tax Amount $10,214
Tax Year 2022
Property Description
RARE FIND!! PREMIUM 3 BEDROOM, 3 BATHROOM DIRECT OCEAN FRONT UNIT - PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY ! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! $80,000 in rental income in 2022, and just over $43,000 booked to date for the 2023 season. Absolutely pristine, 7th floor furnished unit with views of the ocean, Ocean City Inlet, OC ferris wheel, open bay, and Assateague Island. Gourmet kitchen, granite counter tops, stainless steel appliances, wet bar, gas fire place (gas paid for by the condo association). His and hers closets in primary bedroom, spa like primary bathroom, ocean front balcony accessible from main living area. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located the east side of the gated parking garage, secure owners storage area, very large southern exposed outdoor community pool, sun deck, community picnic area, putting green with absolutely breath taking water views. Sauna, exercise room, owners meeting room and outdoor shower. Very well managed condo association. Buyers must honor existing rentals. Don't wait! This GEM won't last long. See floor plan in photos.
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Carpet, Ceramic Tile
Fireplaces Type Fireplace - Glass Doors
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Laundry Dryer In Unit, Washer In Unit
Exterior
Parking Features Covered Parking, Garage Door Opener
Garage Spaces 150.0
Parking On Site 2
Utilities Available Cable TV
Amenities Available Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Sauna
Water Access Y
View Bay, Ocean, Panoramic, Water
Roof Type Metal
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type 9'+ Ceilings,Dry Wall
New Construction N
Schools
School District Worcester County Public Schools
Others
Acceptable Financing Bank Portfolio, Cash, Conventional, Exchange
Listing Terms Bank Portfolio, Cash, Conventional, Exchange
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with Anthony Golden • Berkshire Hathaway HomeServices PenFed Realty