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2 Dorchester Street , #508

OCEAN CITY, MD 21842
  • $774,900
  • STATUS: Active
  • ON SITE: 219 Days
  • ID#: MDWO2005182
UPDATED: 139 min ago
$774,900
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,294
    SQFT
  • $599
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:

School Ratings & Info

Description

RARE FIND! PREMIUM 2 BEDROOM 2 BATHROOM SOUTH FACING UNIT WITH INCREDIBLE WATER VIEWS!!! PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! Unit grossed $54,00 in rental income in 2021, $31,000 booked as of April 2022 and still booking. Incredible views of the ocean, Ocean City Inlet, ferris wheel, open bay, and Assateague Island. Gourmet kitchen, wet bar, stainless steel appliances, gas fire place (gas paid for by the condo association), decorator furnished throughout, his and hers closet in primary bedroom, luxurious primary bathroom, very nice size south facing balcony accessible from main living and each bedroom. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located on the east side of level 2 of the parking garage, secure owners storage area. Southern exposed outdoor community pool, community picnic area, putting green, owners meeting room, all with with absolutely incredible water views, sauna, exercise room, and owners meeting room. Very well managed condo association. Buyers must honor existing rentals. Don't wait to book your showing!Unit can only be shown on rental turn over days that are listed in the agent comments.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-30T23:50:41.02.
www.ericaskewhomes.com/homes/128035090
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2 Dorchester Street , #508 OCEAN CITY, MD 21842

  • Price: $774,900
  • Status: Active
  • On Site: 219 Days
  • Updated: 139 min ago
  • ID#: MDWO2005182
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,294
SQFT
$599
$/SQFT
2007
Built
Neighborhood:
None Available
County:
Worcester
Area:
Direct Oceanfront (80)
School District:
Worcester County Public Schools
Property Description
RARE FIND! PREMIUM 2 BEDROOM 2 BATHROOM SOUTH FACING UNIT WITH INCREDIBLE WATER VIEWS!!! PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! Unit grossed $54,00 in rental income in 2021, $31,000 booked as of April 2022 and still booking. Incredible views of the ocean, Ocean City Inlet, ferris wheel, open bay, and Assateague Island. Gourmet kitchen, wet bar, stainless steel appliances, gas fire place (gas paid for by the condo association), decorator furnished throughout, his and hers closet in primary bedroom, luxurious primary bathroom, very nice size south facing balcony accessible from main living and each bedroom. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located on the east side of level 2 of the parking garage, secure owners storage area. Southern exposed outdoor community pool, community picnic area, putting green, owners meeting room, all with with absolutely incredible water views, sauna, exercise room, and owners meeting room. Very well managed condo association. Buyers must honor existing rentals. Don't wait to book your showing!Unit can only be shown on rental turn over days that are listed in the agent comments.
Exterior Features

Architectural Style Coastal Assigned Parking Spaces 2 Construction Materials Stucco Direction Faces North Exterior Features Outside Shower Garage Spaces 150.00 Garage Type Covered ParkingGarage Door Opener Garage YN Yes Location Type Oceanfront Other Structures Above GradeBelow Grade Parking Features AssignedLighted ParkingSecure Parking Parking Types Off StreetParking Garage Pool Yes - Community Property Condition Excellent Riparian Rights YN No Roof Metal Unit Building Type Hi-Rise 9+ Floors View BayOceanPanoramicWaterOther Water Access YN No Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront YN Yes

Interior Features

Above Grade Fin SQFT 1294 Appliances Built-In MicrowaveDishwasherDisposalDryer - ElectricOven - SingleRange HoodRefrigeratorStainless Steel AppliancesStoveWasherWater Heater Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions 2 Adirondack Chairs On Balcony Fireplace Features Fireplace - Glass Doors Fireplace YN Yes Fireplaces Total 0 Furnished Yes Heating Heat Pump(S) Heating YN Yes Interior Features Breakfast AreaCarpetCeiling Fan(S)Combination Dining/LivingCombination Kitchen/DiningCombination Kitchen/LivingCrown MoldingsDining AreaFlatFloor Plan - OpenKitchen - GourmetSprinkler SystemWainscottingUpgraded CountertopsWet/Dry BarWhirlpool/HottubWindow Treatments Laundry Type Dryer In UnitWasher In Unit Levels 1 Main Level Bedrooms 2 Pets Allowed No Pet Restrictions Security Features Smoke DetectorSprinkler System - Indoor Spa YN No Unit Floors 9 Walls Ceilings 9'+ CeilingsDry WallHigh

Property Features

Acceptable Financing Bank PortfolioCashConventionalExchange Accessibility Features None Assessment Year 2022 Association Amenities Exercise RoomExtra StorageFitness CenterMeeting RoomPool - OutdoorPutting GreenReserved/Assigned ParkingSauna Association Fee Includes Common Area MaintenanceCustodial Services MaintenanceExt Bldg MaintGasInsuranceManagementPool(S)Reserve FundsSauna Association Fee2 1748.31 Association Fee2 Frequency Quarterly Association YN No Central Air YN Yes Common Walls 2+ Common Walls Condo YN Yes Cooling Fuel Electric Elevators 2 Entry Level 5 Federal Flood Zone YN Yes Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801300850712 Ownership Interest Condominium Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 6894.00 Tax Assessment Amount 489100.00 Tax Lot 508 Transportation Bus Stop Less Than 1 Mile Utilities Cable Tv Vacation Rental YN Yes Water Source Public Year Built Effective 2020 Zoning Residential

Listing courtesy of Berkshire Hathaway Homeservices Penfed Realty-Woc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-30T23:50:41.02.
 
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