5 87th St #301, Ocean City, MD 21842
Local realty services provided by:Mountain Realty ERA Powered
Listed by:jenny sheppard
Office:sheppard realty inc
MLS#:MDWO2017506
Source:BRIGHTMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$550.46
About this home
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
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Home facts
- Year built:2007
- Listing ID #:MDWO2017506
- Added:698 day(s) ago
- Updated:October 06, 2025 at 01:37 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:2,725 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central A/C, Heat Pump(s)
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Year built:2007
- Building area:2,725 sq. ft.
Schools
- High school:STEPHEN DECATUR
- Middle school:BERLIN INTERMEDIATE SCHOOL
- Elementary school:OCEAN CITY
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$550.46
- Tax amount:$9,026 (2024)
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