2 Dorchester Street Unit #507, Ocean City, MD 21842
- $891,000
- 3
- BD
- 3
- BA
- 1,472
- SqFt
- Sold Price
- $891,000
- List Price
- $891,000
- Closing Date
- Apr 14, 2025
- Days on Market
- 6
- Status
- CLOSED
- MLS#
- MDWO2029538
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,472
- Style
- Coastal
- Year Built
- 2007
- County
- Worcester
- School District
- Worcester County Public Schools
Property Description
Breathtaking five star guest rated direct ocean, beach & boardwalk front corner condo in Belmont Towers with fantastic ocean views from every room and walkout access to the full length balcony from every bedroom plus the living room. Enjoy spectacular panoramic beach, boardwalk and ocean views through glass sliders and all new crystal clear windows from every room of this exceptional refreshed corner condo in Belmont Towers with strong rental history ($85,000 gross for the 2024 and 2023 season self managed through Air Bnb and VRBO even with two owner use weeks and is currently nearly booked for the 2025 season through OC Beachfront Rentals with a net rental contract in place for 2025 that transfers to the new owner (OC Beachfront Rentals manages rentals, cleaning, linens and maintenance up to $250 so all you have to do is collect the net rental payments if investment is your primary focus). This unit has the potential to do between $95,000 and $100,000 plus in gross rental income self managed if desired or continue with the current net rental contract; the current owners have preferred to use two owner weeks both of the last two years. This bright sun-lit condo and its furnishings were refreshed during 2022 through 2024; with many updates to the condo as well as all of its furnishings, is fully stocked in every way and has been meticulously maintained. With 3 bedrooms (5 beds including a King suite with a spa like bath that has a rainfall shower, Queen guest bedroom, and a Bunk bedroom with a full, twin and an additional twin trundle, plus an additional pull out Queen Sleeper in the living room), 2.5 baths and an open functional and spacious layout in the best location in town. This condo is sure to please every size group from smaller families to larger groups for all types of vacation, holiday or other gatherings. Watch an ocean sunrise over the beach from the balcony while enjoying a morning coffee and end the day with sunset views over the bay with a glass of champagne. Sleep listening to the sound of waves crashing on the shore. Watch the Dorchester St fireworks, Oceans Calling or Country Calling concerts and other events, or dolphin and people watch right from the comfort of your balcony. There is a rooftop pool that is located on the 12,500-Sq Ft sun deck that has a putting green and picnic tables, and there is also a fitness center, sauna and more. Park your cars in the two reserved owner spaces in the gated parking garage with elevators and luggage carts available for added convenience and walk to everything including the world famous boardwalk and Jolly Roger's pier, restaurants, water sports, shopping, mini golf and more.
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Additional Information
- Area
- Direct Oceanfront (80)
- Subdivision
- Non Development
- Building Name
- Belmont Towers
- Taxes
- $7968
- Condo Fee
- $3192
- Interior Features
- Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Sprinkler System, Upgraded Countertops, Window Treatments
- Amenities
- Fitness Center, Pool - Outdoor, Common Grounds, Elevator, Exercise Room, Extra Storage, Meeting Room, Picnic Area, Putting Green, Sauna, Swimming Pool
- School District
- Worcester County Public Schools
- Fireplaces
- 1
- Fireplace Description
- Corner, Gas/Propane, Marble
- Flooring
- Luxury Vinyl Tile, Ceramic Tile
- Garage
- Yes
- Garage Spaces
- 2
- Exterior Features
- Exterior Lighting, Roof Deck, Secure Storage, Sidewalks, Street Lights
- Community Amenities
- Fitness Center, Pool - Outdoor, Common Grounds, Elevator, Exercise Room, Extra Storage, Meeting Room, Picnic Area, Putting Green, Sauna, Swimming Pool
- View
- Ocean, Water, Panoramic, Bay
- Heating
- Forced Air
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Roof
- Metal
- Water
- Public
- Sewer
- Public Sewer
- Furnished
- Yes
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Listing courtesy of VRA Realty. Contact:
Selling Office: .