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2 Dorchester Street , #702

OCEAN CITY, MD 21842
  • $1,095,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: MDWO2008758
UPDATED: 45 min ago
$1,095,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,693
    SQFT
  • $647
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:

School Ratings & Info

Description

RARE FIND!! PREMIUM 3 BEDROOM, 3 BATHROOM DIRECT OCEAN FRONT UNIT - PRIME BOARDWALK LOCATION!!! GREAT INVESTMENT OPPORTUNITY ! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! $80,000 in rental income booked so far for 2022, and just over $22,000 booked to date for the 2023 season. Absolutely pristine, 7th floor furnished unit with views of the ocean, Ocean City Inlet, OC ferris wheel, open bay, and Assateague Island. 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. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located the east side of the gated parking garage, secure owners storage area, very large southern exposed 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.

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©2022 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 Potomac Prestige | RE/MAX Platinum 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: 2022-11-26T23:50:02.353.
www.potomacprestige.com/homes/130421503
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2 Dorchester Street , #702 OCEAN CITY, MD 21842

  • Price: $1,095,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 45 min ago
  • ID#: MDWO2008758
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,693
SQFT
$647
$/SQFT
2007
Built
Neighborhood:
Non Development
County:
Worcester
Area:
Direct Oceanfront (80)
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 ! ONE OF THE HIGHEST RENTAL INCOME PRODUCING BUILDINGS IN TOWN!! $80,000 in rental income booked so far for 2022, and just over $22,000 booked to date for the 2023 season. Absolutely pristine, 7th floor furnished unit with views of the ocean, Ocean City Inlet, OC ferris wheel, open bay, and Assateague Island. 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. Secure building, 2 elevators, gated parking garage, two assigned parking spaces located the east side of the gated parking garage, secure owners storage area, very large southern exposed 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.
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 Yes Location Type Oceanfront 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 View BayOceanPanoramicWater Water Access YN Yes Water Body Type Ocean Water Oriented YN Yes Water View YN Yes 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 Fireplace Features Fireplace - Glass Doors Fireplace YN Yes Fireplaces Total 0 Flooring CarpetCeramic Tile 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 Wall

Property Features

Acceptable Financing Bank PortfolioCashConventionalExchange Accessibility Features None Assessment Year 2022 Association Amenities Common GroundsElevatorExercise RoomExtra StorageFitness CenterMeeting RoomPicnic AreaPool - OutdoorPutting GreenSauna Association Fee Includes Ext Bldg MaintGasInsuranceManagementPool(S)Reserve FundsSaunaWater Association Fee2 2400.88 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 7 Federal Flood Zone YN Yes Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801677064190 Ownership Interest Condominium 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 10214.00 Tax Assessment Amount 724600.00 Tax Lot 702 Transportation Bus Stop Less Than 1 Mile Utilities Cable Tv Vacation Rental YN Yes Water Source Public Year Built Effective 2020 Zoning Residential

Listing courtesy of Berkshire Hathaway Homeservices Penfed Realty-Woc: .


©2022 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 Potomac Prestige | RE/MAX Platinum 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: 2022-11-26T23:50:02.353.
 
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