1. Maryland
  2. Ocean City
  3. 5 87th St Unit 301
$1,500,000

5 87th St Unit 301, Ocean City, MD 21842

  • 5 beds |
  • 5 baths |
  • 2,725 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $550/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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

Listing Status:
Active
Date Added:
March 2, 2025 at 06:00AM
Listing Office:
Sheppard Realty Inc : 4106290200
Listing Agent:
Jenny Sheppard : 4437830299
MLS ID:
MDWO2017506
  • General: BarCeiling Fan(s)Central VacuumCombination Dining/LivingDining AreaElevatorEntry Level BedroomFloor Plan - OpenKitchen - GourmetPrimary Bath(s)Recessed LightingUpgraded CountertopsWindow Treatments
  • Appliances: Built-In MicrowaveDishwasherDisposalDryer - ElectricExhaust FanRefrigeratorStainless Steel AppliancesStoveWasherWater Heater
  • Laundry: Dryer In UnitWasher In Unit
  • A/C: Ceiling Fan(s)Central A/CHeat Pump(s)
  • Heating: YHeat Pump(s)Electric
  • Disability Feature: Elevator

This listing courtesy of Jenny Sheppard, Sheppard Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Ocean City Elementary School

12828 Center Dr, Ocean City, MD, 21842

Grades PK-4

4.74 miles away

S

Stephen Decatur Middle School

9815 Seahawk Rd, Berlin, MD, 21811

Grades 7-8

8.45 miles away

S

Stephen Decatur High School

9913 Seahawk Rd, Berlin, MD, 21811

Grades 9-12

8.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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