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Marjorie Dick Stuart

  • Cell 240-731-8079
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5 87th St #303 & 301, OCEAN CITY, MD – $3,250,000

  • 10 Beds
  • 9 Baths
  • 5,347 Sqft
  • 549 DOM
  • 10 Beds
  • 9 Baths
  • 5,347 Sqft
  • 549 DOM

5 87th St #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!

Essential Information

  • MLS® #MDWO2015358
  • Price$3,250,000
  • Bedrooms10
  • Bathrooms9.00
  • Full Baths8
  • Half Baths2
  • Square Footage5,347
  • Acres0.00
  • Year Built2007
  • TypeResidential
  • StyleCondo/Unit
  • StatusActive

Sub-Type

Condo, Unit/Flat/Apartment, Garden 1 - 4 Floors

Community Information

  • Address5 87th St #303 & 301
  • AreaOcean Block (82)
  • SubdivisionNONE AVAILABLE
  • CityOCEAN CITY
  • CountyWORCESTER-MD
  • StateMD
  • MunicipalityOcean City
  • Zip Code21842

Amenities

  • UtilitiesCable TV
  • Parking Spaces6
  • ParkingAssigned
  • # of Garages18
  • GaragesCovered Parking
  • ViewOcean, Bay

Amenities

Bar, Carpet, CeilngFan(s), Entry Lvl BR, Recessed Lighting, Soaking Tub, Sprinkler System, Walk-in Closet(s), Shades/Blinds, Tub Shower, Upgraded Countertops, Wine Storage

Interior

  • Interior FeaturesFloor Plan-Open
  • HeatingHeat Pump(s)
  • # of Stories1
  • Stories1 Story

Appliances

Dryer - Electric, Energy Star Appliances, Icemaker, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven-Single, Cooktop, Built-In Microwave, Disposal

Cooling

Ceiling Fan(s), Central A/C, Heat Pump(s)

Exterior

  • ExteriorVinyl Siding
  • WindowsSliding, Insulated
  • RoofAsphalt
  • FoundationPillar/Post/Pier

Exterior Features

Balcony, Terrace, Porch-wraparound

School Information

  • ElementaryOCEAN CITY
  • MiddleBERLIN INTERMEDIATE SCHOOL
  • HighSTEPHEN DECATUR

District

WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedJuly 29th, 2023
  • Days on Market549
  • ZoningR1

Listing Details

  • OfficeSheppard Realty Inc
  • Office Contact4437830299
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Price Change History for 5 87th St #303 & 301, OCEAN CITY, MD (MLS® #MDWO2015358)

Date Details Price Change
Price Reduced (from $3,500,000) $3,250,000 $250,000 (7.14%)
Active (from Coming Soon)

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Listing information last updated on February 2nd, 2025 at 10:45pm CST.