2 Dorchester St #804

Ocean City, MD 21842 View Map $969,900 Schedule a Tour
Beds3
Baths3
Sq.Ft.1,693
Year2007
Deeley Chester

Deeley Chester

(443) 235-1375

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Status: Under Contract
Listing Office:Berkshire Hathaway Homeservice Penfed Realty - Woc
Property Type:Unit/Flat
MLS ® #:MDWO2001692
Sq. Feet:1,693
On Site:65 Days
County:Worcester
Monthly HOA:$742
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.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Price Change History

Date Old Price New Price Percent Change
9/27/2021$995,000$969,900-2.5%

Community Information

Address:2 Dorchester St #804 Ocean City, MD 21842
Area:Direct Oceanfront (80)
County:Worcester
Subdivision:Non Development
Zip Code:21842
Building:Belmont Towers

School Information

High School:STEPHEN DECATUR
Middle School:STEPHEN DECATUR
Elementary School:OCEAN CITY

Architecture

Unit Number:#804
Bedrooms: 3
Bathrooms: 3
Year Built:2007
Stories:1
Style:Coastal
Construction: Stucco
Year Renovated: 2020
Roof: Metal

Features / Amenities

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
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Main Level Bedrooms: 3
Entry Level: 8
Fireplace: Fireplace - Glass Doors
Security System: Smoke Detector, Sprinkler System - Indoor
Sub Structure Types: Above Grade, Below Grade
Garage: Covered Parking, Garage Door Opener
Garage Spaces: 150
Cooling: Central A/C
Cooling Fuel: Electric
Heating: Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric

Square Footage

Finished Sq. Ft.
Above Grade 1693
Below Grade 0
Total 1693

Property Features

Lot Dimensions:0.00 x 0.00
Parking: Assigned, Lighted Parking, Secure Parking
Assigned Parking Spaces: 2
TV/Cable/Com: Cable TV
Sewer: Public Sewer
Water: Public
Municipality: Ocean City
Zoning:RESIDENTIAL
Directions:Philadelphia Ave left on Dorchester

Tax and Financial Info

Total Taxes: $10,239 (paid Annually)
Tax Year: 2021
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $3,305.00 (Annually)
County Tax Rate: $6,123.00 (Annually)
Condo Coop Fee: $2,225.12 (Quarterly)
Acceptable Financing: Bank Portfolio, Cash, Conventional, Exchange

Schools

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2 Dorchester St #804 Ocean City, MD 21842
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Listing Information Last Updated 10/24/2021
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