Patterson-Schwartz Real Estate2 Dorchester Street #903, Ocean City, MD 21842-6576 $1,295,000
Interior Sq. Ft: 1,892
Acreage:
Age:17 years
Style:
Coastal
Subdivision: Non Development
Design/Type:
Penthouse Unit/Flat/Apartment
Description
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.
Home Assoc: No
Condo Assoc: $2,600/Quarterly
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: Yes - Community
Features
Water
Water Oriented: Yes; Water Front: Yes; Water Access: Yes; Water Body Name: Atlantic Ocean; Water Body Type: Ocean; Navigable: Yes;
Utilities
Forced Air Heating, Heat Pump(s), Electric, Ceiling Fan(s), Central A/C, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, Cable TV, Electric Available
Garage/Parking
Parking Garage, Additional Storage Area, Covered Parking, Lighted Parking, Private Parking
Interior
Built-Ins, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Ceramic Tile Flooring, Hardwood Flooring, Fireplace - Glass Doors, Gas/Propane Fireplace, 9'+ Ceilings, Dry Wall, Vaulted Ceilings, Accessibility - No Stairs, Sliding Glass Doors, 24 hour security, Main Entrance Lock, Security Gate, Sprinkler System - Indoor
Exterior
Metal Roof, Stucco Exterior, Extensive Hardscape, Exterior Lighting, Outside Shower, Secure Storage, In Ground Pool
Lot
Oceanfront, Bay View, Ocean View, Panoramic View, Scenic Vista View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 1.67 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 1.51 mi |
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-545-2233
Listing Courtesy of: Berkshire Hathaway HomeServices PenFed Realty - OP , (410) 208-3500
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/09/2024.
