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For sale
    • $1,750,000

    5 87th St Unit 303, Ocean City, MD 21842

    5beds
    2,622sqft
    : 
    $13,327/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $667/sqft
    $1,764/mo HOA

    What's special

    Steps to the beachNew hvac unitAbundant of natural sunlightCork flooringGranite islandNewly replaced sliding doorsGranite counters
    This spacious unit, just steps to the beach, has 5 bedrooms and 4.5 baths, new HVAC unit, 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 condo has 3 covered assigned spaces, 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 and bay. 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 $100k+- in gross rental income per year.
    994 days
    |
    580
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny Sheppard 443-783-0299,

    Sheppard Realty Inc 4437830299

    Source: Bright MLS,MLS#: MDWO2017508MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 5
      • Main level bedrooms: 5
      Basement
      • Area: 0
      Heating
      • Heat Pump, Electric
      Cooling
      • Ceiling Fan(s), Central Air, Heat Pump, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer, Water Heater, Range Hood, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Sound System, Central Vacuum
      • Flooring: Ceramic Tile, Luxury Vinyl
      • Doors: Insulated, Sliding Glass
      • Windows: Insulated Windows
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,622
      • Total interior livable area: 2,622 sqft
      • Finished area above ground: 2,622
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Parking Space Conveys, Under Home Parking, Parking Lot
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Terrace
      • Pool features: None
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410760852
      • Zoning: R
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete
      Condition
      • Excellent
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $5,292 quarterly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: None
      • Services included: Maintenance Structure, Insurance, Management
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $667/sqft
      • Tax assessed value: $632,767
      • Annual tax amount: $8,856
      • Date on market: 11/7/2023
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Inclusions: Most Furnishings
      • Exclusions: Some Artwork And Furniture Pieces
      • Ownership: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,755/mo

        Price history

        DateEventPrice
        11/8/2023Listed for sale$1,750,000+66.7%$667/sqft
        Source: Bright MLS #MDWO2017508 Report a problem
        8/19/2010Sold$1,050,000$400/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,001 +1.6%$657,233 +3.9%
        2024$8,856 +3.3%$632,767 +4%
        2023$8,575 $608,300
        2022$8,575 -0.2%$608,300
        2021$8,595 $608,300
        2020$8,595 -0.7%$608,300
        2019$8,654 +0.7%$608,300
        2018$8,593 -14%$608,300 -14.1%
        2017$9,996 +3.5%$707,900 +2.3%
        2016$9,659 $692,167 +2.3%
        2015$9,659 $676,433 +2.4%
        2014$9,659 $660,700
        2013-- $660,700
        2012-- $660,700 -17.9%
        2011-- $804,950 +3.7%
        2010-- $776,106 +3.9%
        2009-- $747,263
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        47 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Buckingham
        • Middle: Stephen Decatur
        • High: Stephen Decatur
        • District: Worcester County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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