2 Dorchester Street #903

Ocean City, Maryland 21842

$1,295,000


Price

3


Beds

4


Baths

1,892 Sq. Ft.


$684 / 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 Details for 2 Dorchester Street #903
Property Type:Residential
Ownership:Condominium
Price:$1,295,000
Bedrooms:3
Full Bathrooms:3
Half Bathrooms:1
Square Feet:1,892 sf
Year Built:2007
Subdivision:Non Development
County:Worcester
Neighborhood
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Building Informtion for 2 Dorchester Street #903
Building/ComplexBelmont Towers Condominium
Building Type:Condominium
Floor:9
Stories:-
Residences:-
Year Built:2007
Property Information for 2 Dorchester Street #903

General Property Information

Details
  • Total Finished SQFT: 1,892
  • Above Grade Fin. SQFT: 1,892
  • Floor Number: 9
  • Style: Coastal
  • Structure Type: Penthouse Unit/flat/apartment
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Water heater, Refrigerator, Washer, Icemaker, Range Hood, Exhaust Fan, Oven/range - Electric, Stove, Stainless Steel Appliances, Built-in Microwave, Dryer - Electric
  • Fireplace Count: 2
  • Fireplace Features: Gas/propane, Fireplace - Glass Doors
  • Central Air: Y
  • Cooling Type: Central a/c, Ceiling fan(s), Heat Pump(s)
  • Heating: Y
  • Heating Type: Forced air, Heat Pump(s)
  • Interior Features: Floor plan - open, Kitchen - Gourmet, Dining Area, Upgraded Countertops, Crown Moldings, Recessed Lighting, Wood Floors, Entry Level Bedroom, Built-ins, Window Treatments, Wet/dry Bar, Ceiling Fan(s), Sprinkler System, Walk-in Closet(s), Stall Shower, Primary Bath(s), Primary Bedroom - Bay Front, Primary Bedroom - Ocean Front
  • Flooring Type: Hardwood, Ceramic Tile
  • Door Features: Sliding Glass
Parking Features
  • Garage Parking: Y
  • Parking Type: Parking Garage
  • Parking Features: Private, Lighted Parking
Pool & Spa Features
  • Private Pool: No
Location Features
  • Directions: Enter OC on Rt. 50 bridge, turn right on Philadelphia Ave, turn left on Dorchester to building on left at boardwalk
  • Waterfront: Y
  • Water Access: Y
  • Water Oriented: Y
  • Tidal Water: Y
Building Features
  • Accessibility Features: No Stairs
  • Construction Materials: Stucco
  • New Construction: N
  • Exterior Features: Extensive hardscape, Outside Shower, Exterior Lighting, Secure Storage
  • Other Structures: Above Grade, Below Grade
  • Story List: Main
  • Elevator Count: 2
  • Year Built: 2007
Association Features
  • HOA: N
  • Condo/Coop Assoc. Y
  • Condo/Coop Fee: $2,600
  • Fee Frequency: Quarterly
  • Fees Include: Ext Bldg Maint, Gas, Insurance, Reserve Funds, Management, Pool(s), Sauna, Common Area Maintenance
  • HOA Amenities: Common Grounds, Elevator, Extra Storage, Fitness Center, Meeting Room, Security, Exercise Room, Picnic Area, Pool - Outdoor, Reserved/assigned Parking, Sauna, Putting Green
Property Features
  • Property Type: Residential
  • Security Features: Main Entrance Lock, Sprinkler System - Indoor, Fire Detection System, Security Gate, 24 Hour Security
  • Zoning: RESIDENTIAL
  • Condition: Excellent
  • Navigable Water: Y
  • Senior Community: N
Utilities Features
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Sewer Septic: Public Sewer
  • Water Source: Public

Room Information

Basement
  • Basement: N
Bedrooms
  • Bedrooms: 3
  • Bedrooms - Main Level: 3
Bathrooms
  • Full Bathrooms: 3
  • Half Bathrooms: 1
Full Bathrooms
  • Full Bathrooms - Main Level: 3
Half Bathrooms
  • Half Bathrooms - Main Level: 1

Tax & Sale Information

Tax Information
  • Tax Annual Amount: $9,334
  • Tax Year: 2023
  • Tax Assessed Value: $662,200
Sale Information
  • Sale Type: Standard
  • Possession: Settlement
  • Ownership Type: Condominium
  • Vacation Rental: N
  • Exclusions: Extra Freezer
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
© 2024 Bright MLS. All rights reserved. Information is deemed reliable but not guaranteed. Last Updated: 12/23/2023 at 6:00 am
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