6 7th Street Unit #203, Ocean City, MD 21842

$1,050,000
3
BD
3
BA
1,710
SqFt
Sold Price
$1,050,000
List Price
$1,190,000
Closing Date
Mar 10, 2022
Days on Market
154
Status
CLOSED
MLS#
MDWO2001530
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,710
Style
Coastal
Year Built
2006
County
Worcester
School District
Worcester County Public Schools

Property Description

An Oceanfront luxury building located in the heart of Ocean City - A rare rental investment opportunity you don't want to miss! Over $89,000 gross rental income in 2021, with built in repeat family-based clientele established going back to 2007. This property has the highest tier of weekly rental rates in Ocean City. DIRECT oceanfront high-end 3 bedroom 3 bath condominium with a HUGE oceanfront balcony overlooking Ocean City's famous boardwalk and beach - truly among the largest private balconies on the boardwalk in all of Ocean City. The Master bedroom and living room are direct boardwalk ocean front with direct access to private balcony. Magnificent views of the ocean, boardwalk and pier. Watch fireworks, air show and all the magic of Ocean City that happens right outside your doorstep. The building is located in a great downtown location, and the condo is a prime location in the building. All high-end conveniences such as gas fireplace, central air and heat pump with weather shield coils, top of the line cabinetry, gourmet kitchen, granite kitchen counter tops, stainless steel appliances, washer, dryer, and dishwasher. Meticulously maintained with many upgrades including a new smart TV (2021), new commercial hot water heater (2020), new stove (2021), new ceiling fans (2018-19) and all new bedding (2018, 2021). Two deeded, assigned private parking spaces in secure, restricted access, covered garage directly adjacent to unit on the same floor. Literally just a few steps from your car to your front door without ever having to use the elevator. A large deeded storage locker(6'x8') for any and all beach gear; large enough to fit big items like surfboards, beach tents, bikes, etc. Two elevators in building. Building has exceptional amenities that go the extra mile for your summer retreat, including large heated indoor pool with panoramic Ocean and Bay views open April through October, rooftop outdoor pool and sundeck open seasonally, also with unforgettable ocean and bay , outdoor locked showers available on ground floor when coming from the beach, and fitness center on the top floor of building with great views and television. Secure and limited access to building, elevators and all facilities. Be sure to click on the video icon for birds eye view and tour! Personalized video tours upon request. The combination of huge balcony, same floor parking in secure garage, indoor and outdoor pools, great location directly on boardwalk, and exceptional rental history make this a truly unique and unmatched property. Come visit this slice of paradise; for your personal enjoyment and the easiest and most profitable rental investment you'll ever make!

Additional Information

Area
Direct Oceanfront (80)
Subdivision
None Available
Building Name
South Beach Boardwlk
Taxes
$9326
Condo Fee
$2906
Amenities
Beach, Elevator, Exercise Room, Fitness Center, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking
School District
Worcester County Public Schools
Garage
Yes
Garage Spaces
2
Community Amenities
Beach, Elevator, Exercise Room, Fitness Center, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking
Heating
Central, Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C, Heat Pump(s)
Utilities
Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Septic

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Selling Office: .