• 2 Dorchester Street #903 OCEAN CITY, MD 21842

  • $1,295,000
  • 3
    Bed(s)
  • 3.5
    Baths
  • 1,892
    Sq Ft

EXTRODINARY PENTHOUSE CONDO IN THE BEST OCEAN FRONT BOARDWALK PROPERTY OCEAN CITY HAS TO OFFER. DISCRIMINATING BUYERS WILL LOVE THIS NEVER RENTED, CUSTOM FINISHED, AND GORGEOUSLY FURNISHED, ONE OWNER PROPERTY. This 3 bedroom, 3.5 bath, plus customized woodwork built-in office, features a gourmet kitchen with stainless steel appliances and gleaming granite counters. An adjacent great room and dining room with soaring ceilings and a gas fireplace opens onto a massive balcony with unparalleled views of the ocean, beach, boardwalk, bay, inlet as well as Assateague Island and the community pool. The master bedroom suite is complete with his and her closets, a fireplace and a beautiful ensuite bath featuring soaking tub, large separate walk-in shower with imported designer tile. The master bedroom as well as the other two guest bedrooms all open to the balcony for outdoor relaxing. You can enjoy the fitness center, putting green, and sauna. The unit comes with two assigned parking spaces near the elevator in the secured parking garage and an individual secured assigned storage space. Though this unit has never been rented and has been only lightly used by the owners, it thereby has no rental history. Other similar units to this property are capable of generating in the vicinity of $100k in annual rental income. Please consult a rental management company for comparable rents. This is a turnkey money maker for an investor or a fun place to own for making memories with your family. Each of the three bedrooms has its own bath plus there is a half bath near the great room. Walk to all the downtown festivals, boardwalk shops and eateries, beach, inlet, boating, watersports, and all the waterfront restaurants. Park your car and you will never need to move it.

Property Type :

Residential

Subdivision :

Non Development

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Master Bedroom Level: 3

Bathroom Information

Total Baths: 4

Full Baths: 3

Half Baths: 1

Water/Sewer

Water Source : Public

Interior Features

Built-Ins,Ceiling Fan(s),Dining Area,Floor Plan - Open,Kitchen - Gourmet,Recessed Lighting,Sprinkler System,Stall Shower,Wood Floors,Wet/Dry Bar,Walk-in Closet(s),Primary Bedroom - Ocean Front,Primary Bedroom - Bay Front,Primary Bath(s),Entry Level Bedroom,Crown Moldings,Upgraded Countertops,Window Treatments

Roof : Metal

Exterior Property Features : Extensive Hardscape,Exterior Lighting,Outside Shower,Secure Storage

Property Amenities: Common Grounds,Elevator,Exercise Room,Extra Storage,Fitness Center,Meeting Room,Picnic Area,Pool - Outdoor,Putting Green,Reserved/Assigned Parking,Sauna,Security

Property Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Exhaust Fan,Icemaker,Microwave,Oven/Range - Electric,Range Hood,Refrigerator,Stainless Steel Appliances,Stove,Washer,Water Heater

Fireplace: Fireplace - Glass Doors,Gas/Propane

Roofing Information

Metal

Heating & Cooling

Cooling: Central A/C,Heat Pump(s),Ceiling Fan(s)

Heating: Forced Air,Heat Pump(s)

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Exterior Features: Extensive Hardscape,Exterior Lighting,Outside Shower,Secure Storage

Exterior Wall: 1 Common Wall

Year Built: 2007

Structure: Penthouse Unit/Flat/Apartment

Fireplace: 2

Major Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Exhaust Fan,Icemaker,Microwave,Oven/Range - Electric,Range Hood,Refrigerator,Stainless Steel Appliances,Stove,Washer,Water Heater

New Construction: No

Total Floors: 1

Built: 2007

Construction Material: Stucco

Security System: 24 hour security,Security Gate,Sprinkler System - Indoor,Main Entrance Lock,Fire Detection System

Amenities: Common Grounds,Elevator,Exercise Room,Extra Storage,Fitness Center,Meeting Room,Picnic Area,Pool - Outdoor,Putting Green,Reserved/Assigned Parking,Sauna,Security

Roof: Metal

Architecture: Coastal

Pool/Private: Yes - Community

Roof Type: Metal

Exterior Features

Utilities: Cable TV,Electric Available

Building Name: Belmont Towers

Pool Information

Pool: Yes - Community

Amenities

Common Grounds,Elevator,Exercise Room,Extra Storage,Fitness Center,Meeting Room,Picnic Area,Pool - Outdoor,Putting Green,Reserved/Assigned Parking,Sauna,Security

Utility Features

Water: Atlantic Ocean

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Dimensions: 0.00 x 0.00

Architectural Style: Coastal

Property Information

SQ ft: 1,892

SQ ft (Living Area): 1,892

View: Bay,Ocean,Panoramic,Scenic Vista

Subdivision: NON DEVELOPMENT

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

New Construction: No

Type: Coastal

Listing Information

Possession: Settlement

Common/Club Amenities: Common Grounds,Elevator,Exercise Room,Extra Storage,Fitness Center,Meeting Room,Picnic Area,Pool - Outdoor,Putting Green,Reserved/Assigned Parking,Sauna,Security

Days Of Market: 66

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $9,334

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Terms/Deposits/Fees

Condo Fees: $2,600

Assoc Fee Freq: $Quarterly

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $662,200

Parking Information

Total Parking Spaces: 2

Parking Space # Assigned: 2

Parking Type: Parking Garage

Parking Features: Private,Lighted Parking

Has Garage: Y

Garage Type: Additional Storage Area,Covered Parking

Garage Space: 2

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Metal

Unit: 903

Homeowners Association Information

Association Fee 2: $2,600

HOA Fee Frequency: Quarterly

Other Fee Frequency: Quarterly

Direction: Enter OC on Rt. 50 bridge, turn right on Philadelphia Ave, turn left on Dorchester to building on left at boardwalk

School Information

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Fire Place Information

Total Fire Place: 2

Fire Place Features: Fireplace - Glass Doors,Gas/Propane

Utility Information

Cable TV,Electric Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Elevators: 2

Location Information

Location Type: Oceanfront

Direction: Enter OC on Rt. 50 bridge, turn right on Philadelphia Ave, turn left on Dorchester to building on left at boardwalk

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Nearby Home Value

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9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
10539 Sussex Road , Ocean City, MD,21842 $1,995,000 4 3.5 -- 28401 Sqft

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ByOwner last updated this listing 05/04/2024 @ 09:07

MLS: MDWO2017068
LISTED BY: Joyce A Melbourne Husman , Berkshire Hathaway HomeServices PenFed Realty - OP
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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