2 Dorchester St Unit #804, Ocean City, MD 21842

$969,900
3
BD
3
BA
1,693
SqFt
List Price
$969,900
Price Change
▼ $25,100 1632755104
Closing Date
Nov 29, 2021
Days on Market
90
Status
ACTIVE UNDER CONTRACT
MLS#
MDWO2001692
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,693
Style
Coastal
Year Built
2007
County
Worcester
School District
Worcester County Public Schools

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 generated $108K in rental income so far for 2021 and still booking. PLUS there's over $18,000 already booked so far for 2022 (and still booking)!! Very strong rental history. Absolutely pristine, recently renovated, 8th floor unit with LOTS of upgrades and incredible views of the ocean, Ocean City Inlet, ferris wheel, open bay, and Assateague Island. Gourmet kitchen, custom kitchen back splash, new granite counter tops, wood look ceramic tile, wainscot walls, wet bar, shiplap accented kitchen ceiling, stainless steel appliances, ship lap surrounding the gas fire place (gas paid for by the condo association), decorator furnished throughout, his and hers closet in primary bedroom, luxurious primary bathroom, ocean front balcony accessible from main living area and primary bedroom, and much more. Secure building, 2 elevators, gated parking garage, two assigned parking spaces on second level of the parking garage near the west elevator, secure owners storage area, huge southern exposed outdoor community pool, community picnic area, putting green 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! Unit can only be shown on rental turn over days between 11;00 -2:00. Buyers must honor existing rentals.

Additional Information

Area
Direct Oceanfront (80)
Subdivision
Non Development
Building Name
Belmont Towers
Taxes
$10239
Condo Fee
$2225
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
School District
Worcester County Public Schools
Elementary School
Ocean City
Middle School
Stephen Decatur
High School
Stephen Decatur
Fireplaces
1
Fireplace Description
Fireplace - Glass Doors
Garage Spaces
150
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Metal
Utilities
Cable TV
Water
Public
Sewer
Public Sewer
Furnished
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeService PenFed Realty - WOC.