Ocean City, MD 21842,2 DORCHESTER ST #UNIT 703
Ocean City, MD 21842,2 DORCHESTER ST #UNIT 703
Ocean City, MD 21842,2 DORCHESTER ST #UNIT 703
Ocean City, MD 21842,2 DORCHESTER ST #UNIT 703
Ocean City, MD 21842,2 DORCHESTER ST #UNIT 703
Ocean City, MD 21842,2 DORCHESTER ST #UNIT 703
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$995,000

$995,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

3 Baths

1,693 SqFt


SOLD DATE : 04/22/2022

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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Bright MLS (BMLS)
Listed by Celeste Dodson • Berkshire Hathaway HomeServices PenFed Realty-WOC
Bought with Lauren Britt Hudson • Keller Williams Realty Delmarva
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3801 Kennett Pike Suite D200, Greenville, Delaware, 19807, United States

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