For more information on this property,
contact Eric Feinberg at 4849485872 or support+eric_feinberg@perfectstormnow.com
2
Dorchester Street 702,
Ocean City,
Maryland
MD
21842-6576
Price: $1,050,000
Listing ID MDWO2008758
Status ACTIVE
Bedrooms 3
Full Baths 3
Total Baths 3
SqFt 1,693
Year Built 2007
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.
Primary Features
County:
Worcester
Price/SqFt:
620.2
Property Sub Type:
Unit/Flat/Apartment
Property Type:
Residential
Subdivision:
NON DEVELOPMENT
Year Built:
2007
Zoning:
RESIDENTIAL
Interior
Above Grade Finished Area Units:
Square Feet
Above Grade Finished SqFt Source:
Assessor
Appliances:
Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Basement:
no
Bathrooms Count Main Level:
3
Bathrooms Full Main Level:
3
Bedrooms Count Main Level:
3
Below Grade Finished Area Units:
Square Feet
Below Grade Finished SqFt Source:
Assessor
Below Grade Unfinished Area Units:
Square Feet
Below Grade Unfinished SqFt Source:
Assessor
Central Air:
yes
Common Walls:
2+ Common Walls
Cooling Type:
Central A/C
Fireplace:
yes
Fireplace Features:
Fireplace - Glass Doors
Flooring Type:
Carpet, Ceramic Tile
Heating:
yes
Heating Type:
Heat Pump(s)
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
Laundry Type:
Dryer In Unit, Washer In Unit
Levels Count:
1
Living Area SqFt Source:
Assessor
Spa:
no
Total Below Grade SqFt Source:
Assessor
Total SqFt:
1693
Total SqFt Source:
Assessor
Unit Building Type:
Hi-Rise 9+ Floors
Wall & Ceiling Types:
9'+ Ceilings, Dry Wall
External
Architectural Style:
Coastal
Assigned Parking Space Number(s):
702
Assigned Spaces Count:
2
Building Units Total:
1
Community Pool Features:
Fenced, In Ground
Construction Materials:
Stucco
Cooling Fuel:
Electric
Garage:
yes
Garage Features:
Covered Parking, Garage Door Opener
Garage Spaces Count:
150
Heating Fuel:
Electric
Horses:
no
Hot Water:
Electric
Lot Dimensions Source:
Assessor
Lot Size Dimensions:
0.00 x 0.00
Main Entrance Orientation:
West
New Construction:
no
Other Structures:
Above Grade, Below Grade
Parking Features:
Assigned, Lighted Parking, Secure Parking
Parking Garage Number of Spaces:
150
Pool:
Yes - Community
Roof:
Metal
Sewer Septic:
Public Sewer
Total Garage and Parking Spaces:
150
Type of Parking:
Off Street, Parking Garage
Utilities:
Cable TV
Water Access:
yes
Water Body Type:
Ocean
Water Oriented:
yes
Water Source:
Public
Water View:
yes
Location
Building Name:
Belmont Towers
Condo/Co-op Association:
yes
Country:
US
HOA:
no
In City Limits:
yes
Location Type:
Oceanfront
MLS Area:
Direct Oceanfront (80)
Municipality:
Ocean City
School District Name:
WORCESTER COUNTY PUBLIC SCHOOLS
School District Source:
Listing Agent
Senior Community:
no
Transportation:
Bus Stop less than 1 mile
View Type:
Bay, Ocean, Panoramic, Water
Waterfront:
yes
Additional
Accessibility Features:
None
Days on Market:
167
Historic:
no
HOA/Condo/Co-op Amenities:
Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Sauna
Land Use Code:
U
Municipal Trash:
yes
Property Condition:
Excellent
Property Manager:
Y
Story List:
Main
Year Assessed:
2022
Year Built Source:
Assessor
Financial
Acceptable Financing:
Bank Portfolio, Cash, Conventional, Exchange
Association Recreation Fee:
N
Automatically Update Tax Values:
yes
Condo/Co-op Fee:
2400.88
Condo/Co-op Fee Frequency:
Quarterly
Ground Rent Exists:
no
HOA/Condo/Co-op Fee Includes:
Ext Bldg Maint, Gas, Insurance, Management, Pool(s), Reserve Funds, Sauna, Water
Lease Considered:
no
Ownership Interest:
Condominium
Possession:
Settlement
Sale Type:
Standard
Tax Annual Amount:
10214
Tax Assessed Value:
724600
Tax Data Updated:
no
Tax Lot:
702
Tax Total Finished SqFt:
1693
Tax Year:
2022
Vacation Rental:
yes
Zoning Info
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty-WOC (410) 520-2600
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty-WOC. Data last updated on Sunday, February 5th, 2023 06:33:46 PM.
Contact - Listing ID MDWO2008758
Eric Feinberg
1137 N 3rd Street Suite 2
Philadelphia, PA 19123
Phone: 4849485872
Data services provided by IDX Broker
