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For sale
  • $1,500,000

    5 87th St UNIT 301, Ocean City, MD 21842

    5beds
    2,725sqft
    : 
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $550/sqft
    $1,047/mo HOA

    What's special

    New hvac unitTray ceilingsBeautifully decorated terraceNewly replaced sliding doorsLvp flooringSurround sound
    This amazing spacious unit has 5 bedrooms and 4.5 baths, new HVAC unit, newly replaced sliding doors, and surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. The condo has 3 covered assigned spaces, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunset" Unit 301, at 2722 sq ft, is a proven high income producing rental that is being offered turn key/ fully furnished so all you have to do it start collecting the rental income. Sunset also features LVP flooring, granite counters & island, tray ceilings as well as sliders and windows galore. To the east of this unit sits a beautifully decorated terrace perfect for entertaining and or family gatherings. This is an incredible offering to allow large families or great travel friends to own together in one of the most desirable garden style condo buildings in town or an incredible investment opportunity that could bring in over $100k+- in gross rental income per year per unit
    536 days
    on Zillow
    |
    162
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 31, 2025 at 04:22am

    Listed by:

    Jenny Sheppard 443-783-0299,

    Sheppard Realty Inc 4437830299

    Source: Bright MLS,MLS#: MDWO2017506MLS Logo
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    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5 87th St UNIT 301.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 5
    • Main level bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Heat Pump, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer, Water Heater, Electric Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Bar, Ceiling Fan(s), Central Vacuum, Combination Dining/Living, Dining Area, Elevator, Entry Level Bedroom, Open Floorplan, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,725
    • Total interior livable area: 2,725 sqft
    • Finished area above ground: 2,725
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Four
    • Stories: 4
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410760844
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Cement Siding
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    • Amenities included: None
    • Services included: Maintenance Structure, Insurance, Management
    • Condo and coop fee: $3,140 quarterly
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $644,900
    • Annual tax amount: $9,026
    • Date on market: 3/2/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
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