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    2 Dorchester Street , #804

    OCEAN CITY, MD 21842
    • $995,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: MDWO2001692
    UPDATED: 62 min ago
    $995,000
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,693
      SQFT
    • $588
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2007
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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 over $100K in rental income so far for 2021 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! This one wont last long. Unit can only be shown on rental turn over days between 11;00 -2:00.

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    ©2021 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 ExecuHome Realty. 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: 2021-09-19T09:52:38.127.
    www.execuhome.com/homes/120709225
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    2 Dorchester Street , #804 OCEAN CITY, MD 21842

    • Price: $995,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: MDWO2001692
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,693
    SQFT
    $588
    $/SQFT
    2007
    Built
    Neighborhood:
    Non Development
    County:
    Worcester
    Area:
    Direct Oceanfront (80)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    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 over $100K in rental income so far for 2021 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! This one wont last long. Unit can only be shown on rental turn over days between 11;00 -2:00.
    Exterior Features

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

    Interior Features

    Above Grade Fin SQFT 1693 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 Tall Out Door Chairs Connected By A Table On Balcony Do Not Convey And Are Excluded From The Sale Of This Unit Fireplace Features Fireplace - Glass Doors Fireplace YN Yes Fireplaces Total 1 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 3 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 2020 Association Fee2 2225.12 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 8 Federal Flood Zone YN Yes Heating Fuel Electric Historic YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Ocean City Navigable Water YN Y New Construction YN No Number Of Units Total 75 Original MLSNumber 800968429078 Ownership Interest Fee Simple 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 10238.00 Tax Assessment Amount 724600.00 Tax Lot 804 Total Actual Rent 100000.00 Utilities Cable Tv Vacation Rental YN Yes Water Source Public Year Built Effective 2020 Zoning Residential

    Listing courtesy of Berkshire Hathaway Homeservice Penfed Realty - Woc.


    ©2021 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 ExecuHome Realty. 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: 2021-09-19T09:52:38.127.
     
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