5 87th Street, Unit 303 & 301
$3,250,000
Price
10
Beds
8
Baths
2
1/2 Baths
5,347 Sq. Ft.
$608 / Sq. Ft.
5,347
Sq. Ft.
$608
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
Unique opportunity to own 2 units in the rarely available St. Kitts building fittingly named "Sunrise" & "Sunset." Each spacious unit has 5 bedrooms and 4.5 baths, new HVAC units, 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 condos have 6 covered assigned spaces, 3 per unit, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunrise"...Unique opportunity to own 2 units in the rarely available St. Kitts building fittingly named "Sunrise" & "Sunset." Each spacious unit has 5 bedrooms and 4.5 baths, new HVAC units, 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 condos have 6 covered assigned spaces, 3 per unit, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunrise" Unit 303, has been an occasional summer retreat for the current owners and is approximately 2622 sq. ft. and will convey with most furniture. The Gourmet kitchen features granite counters, plenteous kitchen cabinets , built in wine cooler & icemaker, the granite island conveniently offers a cooktop & vented stainless steel range hood so you can prepare a feast while socializing with your guests. The living area has aesthetically pleasing cork flooring, sliding doors and windows galore allowing an abundant of natural sunlight with views of the ocean. "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. In between the twin units 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 $280+- in gross rental income per year. Or you may just want to keep one for personal use and rent the other, either way this is an opportunity that doesn't come around often and will not be around for long!
- Listed by Jenny Sheppard • Sheppard Realty IncP: (443)-783-0299 jennysoldit@aol.com
Property Details for 5 87th Street, Unit 303 & 301
Tax ID Number
2410760852 & 241076084
OwnershipCondominium
Condo Coop AssociationYes
HOANo
Entry Floor Number3
Structure TypeUnit/Flat/Apartment
StyleUnit/Flat
Levels/Stories1
LISTING UPDATED: 11/29/2024 03:46 PM
Property Details for 5 87th Street, Unit 303 & 301
| Status | Active |
|---|---|
| MLS # | MDWO2015358 |
| Days on Market | 507 |
| Taxes | $8,856 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $6,280 / quarter |
| Compass Type | Condo |
| MLS Type | Residential / Condo |
| Year Built | 2007 |
| County | Worcester County |
Building
St Kitts
2 StoriesBuilt in 2007
Virtual Tour
Building Information for 5 87th Street, Unit 303 & 301
Property Information for 5 87th Street, Unit 303 & 301
Location
Location
- In City Limits: Yes
- Transportation: Bus Stop less than 1 mile
- School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
- School District County ID: 121138066543
- SchoolDistrictSource: Listing Agent
- Elementary School: OCEAN CITY (WORCESTER MD)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: BERLIN INTERMEDIATE SCHOOL (WORCESTER MD)
- MiddleSchoolSource: Listing Agent
- High School: STEPHEN DECATUR (WORCESTER MD)
- HighSchoolSource: Listing Agent
- County: WORCESTER
- MLS Area: Ocean Block (82)
- OC Cross Street: 87
Waterfront / Water Access
Waterfront / Water Access
- Water View: Yes
- Water Access: No
- Water Oriented: Yes
- Navigable Water: No
- Tidal Water: No
- Water Body Type: Ocean
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- Condo Coop Name: OC Management Real Estate Management Inc
- HOA Condo Coop Mgmt Type: Professional - Off-site
- HOA Condo Coop Fee Includes: All Ground Fee, Insurance, Management, Reserve Funds, Snow Removal
- HOA Condo Coop Amenities: Common Grounds, Picnic Area, Reserved/Assigned Parking
- Property Manager Y/N: Yes
- Senior Community: No
- Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2024
- Tax Assessed Value: $632,767
- Year Assessed: 2024
- County Tax: $5,347
- City Town Tax: $2,800
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: U
- Agricultural Tax Due: No
- Historic: No
- Zoning: R1
- Tax Lot: 303 & 301
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: No
Lease Information
Lease Information
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions
Rooms
Main
- # Bedrooms Count Main Level: 10
- # Bathrooms Count Main Level: 10
- # Bathrooms Full Main Level: 8
- # Bathrooms Half Main Level: 2
Rooms
- Stories: Main
Financial Information
Financial Information
- Annual Rental Income: $100,000
Building Info
Building Info
- Building Level Count: 4
- Building Units Total: 9
- Total Finished SQFT: 5,347.00
- Total Finished SQFT Source: Estimated
- Tax Total Finished SQFT: 2,622.00
- Total SQFT: 5,347.00
- Total SQFT Source: Estimated
- Floors In Unit Count: 1
- Elevators Count: 1
- Main Entrance Orientation: North
- Construction Materials: Masonry, Vinyl Siding
- Roof: Asphalt
- Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Carpet
- Foundation Details: Pillar/Post/Pier
- Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bedrooms-Main Level-4, Bedrooms-Main Level-5, Bedrooms-Main Level-6, Bedrooms-Main Level-7, Bedrooms-Main Level-8, Bedrooms-Main Level-9, Bedrooms-Main Level-10, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Full-Main Level-3, Bathrooms Full-Main Level-4, Bathrooms Full-Main Level-5, Bathrooms Full-Main Level-6, Bathrooms Full-Main Level-7, Bathrooms Full-Main Level-8, Bathrooms Half-Main Level-1, Bathrooms Half-Main Level-2
- # Bathrooms Full: 8
- # Bathrooms Half: 2
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Location Type: Oceanside
- Parcel ID: 5436727
- Ground Rent Exists: No
Parking
Parking
- Type Of Parking: Parking Garage
- Parking Garage - # of Spaces: 18
- Total Garage Spaces: 18
- Number of Assigned Spaces: 6
- Parking Features: Assigned
- Garage Features: Covered Parking
Interior Features
Interior Features
- Interior Features: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Bathroom - Soaking Tub, Sprinkler System, Walk-in Closet(s), Window Treatments, Bathroom - Tub Shower, Upgraded Countertops, Wine Storage
- Fireplace: No
- Appliances: Dryer - Electric, Energy Efficient Appliances, Icemaker, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven - Single, Cooktop, Built-In Microwave, Disposal
- Accessibility Features: None
- Security Features: Sprinkler System - Indoor
- Door Features: Insulated, Sliding Glass
- Window Features: Sliding, Insulated
- Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
- Virtual Tour URL Unbranded: https://atlanticexposurellc.hd.pics/5-86th-St/idx
Exterior Features
Exterior Features
- Spa: No
- Outdoor Living Structures: Balcony, Terrace, Wrap Around
- Pool: No Pool
Utilities
Utilities
- Utilities: Cable TV
- Heating: Yes
- Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Public Septic
- Internet Services: Cable
Confidential Data
Listing Office
- List Agent AOR: Coastal Association of REALTORS (MD)
Property History for 5 87th Street, Unit 303 & 301
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5 87th Street, Unit 303 & 301
This home is within Worcester County Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ocean City Elementary School PublicPK to 4 | ||
Berlin Intermediate School Public5 to 6 | ||
Stephen Decatur Middle School Public7 to 8 | ||
Stephen Decatur High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Sheppard Realty Inc
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is 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 the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/29/2024 03:46 PM