$950,000
$969,900
2.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,693 SqFt
SOLD DATE : 12/13/2021
Key Details
Sold Price $950,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $561
Subdivision Non Development
MLS Listing ID MDWO2001692
Sold Date 12/13/21
Style Coastal
Bedrooms 3
Full Baths 3
Condo Fees $2,225/qua
HOA Y/N N
Abv Grd Liv Area 1,693
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $10,239
Tax Year 2021
Lot Dimensions 0.00 x 0.00
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 $108K in rental income so far for 2021 and still booking. PLUS there's over $18,000 already booked so far for 2022 (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! Unit can only be shown on rental turn over days between 11;00 -2:00. Buyers must honor existing rentals.
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Zoning RESIDENTIAL
Direction West
Rooms
Main Level Bedrooms 3
Interior
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
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Fireplace - Glass Doors
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Furnishings Yes
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Heat Source Electric
Laundry Dryer In Unit, Washer In Unit
Exterior
Parking Features Covered Parking, Garage Door Opener
Garage Spaces 150.0
Parking On Site 2
Utilities Available Cable TV
Waterfront Description Sandy Beach
Water Access Y
Roof Type Metal
Accessibility None
Total Parking Spaces 150
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 1
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall,High
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 10-753856
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector,Sprinkler System - Indoor
Acceptable Financing Bank Portfolio, Cash, Conventional, Exchange
Listing Terms Bank Portfolio, Cash, Conventional, Exchange
Financing Bank Portfolio,Cash,Conventional,Exchange
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
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Bought with Ted Smith • Holiday Real Estate
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