$995,000
$995,000
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2 DORCHESTER ST #UNIT 703 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 MDWO2004990
Sold Date 04/22/22
Style Coastal
Bedrooms 3
Full Baths 3
Condo Fees $2,225/qua
HOA Y/N N
Abv Grd Liv Area 1,693
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $10,239
Tax Year 2022
Lot Dimensions 0.00 x 0.00
Property Description
RARE FIND!! PREMIUM 3 BEDROOM, 3 BATHROOM DIRECT OCEAN FRONT UNIT - PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY OR PERFECT SECOND HOME! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! This unit has over $69,000 in gross rental income booked so far for 2022 and still booking. Very strong rental history (unit grossed just a few dollars under $96,000 in 2021). Absolutely pristine, 7th floor decorator furnished unit with views of the ocean, Ocean City Inlet, OC ferris wheel, open bay, and Assateague Island. Custom paint design throughout. 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 and primary bedroom, incredible views from every bedroom, kitchen, dining and living area. Secure building, 2 elevators, gated parking garage, two side-by side assigned parking spaces located the east side of level 2 of the gated parking garage, secure owners storage area, very large southern facing 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
Direction West
Rooms
Main Level Bedrooms 3
Interior
Interior Features Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System, Wainscotting, Upgraded Countertops, Wet/Dry Bar, WhirlPool/HotTub, Window Treatments
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
Furnishings Yes
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Heat Source Electric
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
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Beach
View Bay, Ocean, Panoramic, Water
Roof Type Metal
Accessibility None
Total Parking Spaces 150
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include Ext Bldg Maint,Gas,Insurance,Management,Pool(s),Reserve Funds,Sauna,Water
Senior Community No
Tax ID 2410753783
Ownership Condominium
Security Features Smoke Detector,Sprinkler System - Indoor
Acceptable Financing Bank Portfolio, Cash, Conventional, Exchange
Horse Property N
Listing Terms Bank Portfolio, Cash, Conventional, Exchange
Financing Bank Portfolio,Cash,Conventional,Exchange
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with Lauren Britt Hudson • Keller Williams Realty Delmarva