Beds3
Baths3
Sq.Ft.1,693
Year2007
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Status:
Active
Property Type:Unit/Flat
MLS #:MDWO2008758
Sq. Feet:1,693
On Site:211 Days
County:Worcester
Monthly HOA:$800
Listing Office
Office:Berkshire Hathaway Homeservices Penfed Realty-Woc
Broker Phone:410-520-2600
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.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 8/24/2022 | $1,195,000 | $1,095,000 | -8.4% |
| 12/13/2022 | $1,095,000 | $1,050 | -99.9% |
Community Information
Address:2 Dorchester St #702, Ocean City, MD 21842
County:Worcester
City:Ocean City
School District:Worcester County Public Schools
Subdivision:Non Development
Zip Code:21842
Neighborhood:NON DEVELOPMENT
Building:Belmont Towers
Architecture
Unit Number:#702
Bedrooms:
3
Bathrooms:
3
Year Built:2007
Stories:1
Style:Coastal
Construction: Stucco
Year Renovated: 2020
Unit Building Type: Hi-Rise 9+ Floors
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
Flooring: Carpet, Ceramic Tile
Main Level Bedrooms: 3
Entry Level: 7
Fireplace: Fireplace - Glass Doors
Security System: Smoke Detector, Sprinkler System - Indoor
Community Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Sauna
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
Location: Oceanfront
Parking: Assigned, Lighted Parking, Secure Parking
Assigned Parking Spaces: 2
Assigned Parking Space Number(s): 702
View: Bay, Ocean, Panoramic, Water
TV/Cable/Com: Cable TV
Sewer: Public Sewer
Water: Public
Transportation: Bus Stop less than 1 mile
Municipality: Ocean City
Zoning:RESIDENTIAL
Directions:Philadelphia Ave , go east on Dorchester Street - building on left
Tax and Financial Info
Total Taxes: $10,214 (paid Annually)
Tax Year: 2022
Ownership Type: Condominium
Homeowners' Assoc.: No
City Tax Rate: $3,279.00 (Annually)
County Tax Rate: $6,123.00 (Annually)
Condo Coop Fee: $2,400.88 (Quarterly)
Acceptable Financing: Bank Portfolio, Cash, Conventional, Exchange
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2 Dorchester St #702 Ocean City, MD 21842
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Listing Information Last Updated 1/26/2023
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The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2023 Bright MLS. All rights reserved.
