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6 7TH Street , #203

OCEAN CITY, MD 21842
  • $1,190,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: MDWO2001530
UPDATED: 81 min ago
$1,190,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,710
    SQFT
  • $696
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2006
County:

School Ratings & Info

Description

An Oceanfront luxury building located in the heart of Ocean City - A rare rental investment opportunity you don't want to miss! Over $89,000 gross rental income in 2021, with built in repeat family-based clientele established going back to 2007. This property has the highest tier of weekly rental rates in Ocean City. DIRECT oceanfront high-end 3 bedroom 3 bath condominium with a HUGE oceanfront balcony overlooking Ocean City's famous boardwalk and beach - truly among the largest private balconies on the boardwalk in all of Ocean City. The Master bedroom and living room are direct boardwalk ocean front with direct access to private balcony. Magnificent views of the ocean, boardwalk and pier. Watch fireworks, air show and all the magic of Ocean City that happens right outside your doorstep. The building is located in a great downtown location, and the condo is a prime location in the building. All high-end conveniences such as gas fireplace, central air and heat pump with weather shield coils, top of the line cabinetry, gourmet kitchen, granite kitchen counter tops, stainless steel appliances, washer, dryer, and dishwasher. Meticulously maintained with many upgrades including a new smart TV (2021), new commercial hot water heater (2020), new stove (2021), new ceiling fans (2018-19) and all new bedding (2018, 2021). Two deeded, assigned private parking spaces in secure, restricted access, covered garage directly adjacent to unit on the same floor. Literally just a few steps from your car to your front door without ever having to use the elevator. A large deeded storage locker(6'x8') for any and all beach gear; large enough to fit big items like surfboards, beach tents, bikes, etc. Two elevators in building. Building has exceptional amenities that go the extra mile for your summer retreat, including large heated indoor pool with panoramic Ocean and Bay views open April through October, rooftop outdoor pool and sundeck open seasonally, also with unforgettable ocean and bay , outdoor locked showers available on ground floor when coming from the beach, and fitness center on the top floor of building with great views and television. Secure and limited access to building, elevators and all facilities. Be sure to click on the video icon for birds eye view and tour! Personalized video tours upon request. The combination of huge balcony, same floor parking in secure garage, indoor and outdoor pools, great location directly on boardwalk, and exceptional rental history make this a truly unique and unmatched property. Come visit this slice of paradise; for your personal enjoyment and the easiest and most profitable rental investment you'll ever make!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T18:49:53.027.
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6 7TH Street , #203 OCEAN CITY, MD 21842

  • Price: $1,190,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 81 min ago
  • ID#: MDWO2001530
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,710
SQFT
$696
$/SQFT
2006
Built
Neighborhood:
None Available
County:
Worcester
Area:
Direct Oceanfront (80)
School District:
Worcester County Public Schools
Property Description
An Oceanfront luxury building located in the heart of Ocean City - A rare rental investment opportunity you don't want to miss! Over $89,000 gross rental income in 2021, with built in repeat family-based clientele established going back to 2007. This property has the highest tier of weekly rental rates in Ocean City. DIRECT oceanfront high-end 3 bedroom 3 bath condominium with a HUGE oceanfront balcony overlooking Ocean City's famous boardwalk and beach - truly among the largest private balconies on the boardwalk in all of Ocean City. The Master bedroom and living room are direct boardwalk ocean front with direct access to private balcony. Magnificent views of the ocean, boardwalk and pier. Watch fireworks, air show and all the magic of Ocean City that happens right outside your doorstep. The building is located in a great downtown location, and the condo is a prime location in the building. All high-end conveniences such as gas fireplace, central air and heat pump with weather shield coils, top of the line cabinetry, gourmet kitchen, granite kitchen counter tops, stainless steel appliances, washer, dryer, and dishwasher. Meticulously maintained with many upgrades including a new smart TV (2021), new commercial hot water heater (2020), new stove (2021), new ceiling fans (2018-19) and all new bedding (2018, 2021). Two deeded, assigned private parking spaces in secure, restricted access, covered garage directly adjacent to unit on the same floor. Literally just a few steps from your car to your front door without ever having to use the elevator. A large deeded storage locker(6'x8') for any and all beach gear; large enough to fit big items like surfboards, beach tents, bikes, etc. Two elevators in building. Building has exceptional amenities that go the extra mile for your summer retreat, including large heated indoor pool with panoramic Ocean and Bay views open April through October, rooftop outdoor pool and sundeck open seasonally, also with unforgettable ocean and bay , outdoor locked showers available on ground floor when coming from the beach, and fitness center on the top floor of building with great views and television. Secure and limited access to building, elevators and all facilities. Be sure to click on the video icon for birds eye view and tour! Personalized video tours upon request. The combination of huge balcony, same floor parking in secure garage, indoor and outdoor pools, great location directly on boardwalk, and exceptional rental history make this a truly unique and unmatched property. Come visit this slice of paradise; for your personal enjoyment and the easiest and most profitable rental investment you'll ever make!
Exterior Features

Architectural Style Coastal Construction Materials ConcreteDryvitMasonry Garage Spaces 2.00 Garage Type Garage - Side EntryGarage Door OpenerCovered ParkingInside Access Garage YN Yes Other Structures Above GradeBelow Grade Parking Features Paved Parking Parking Types Attached Garage Pool Yes - Community Unit Building Type Mid-Rise 5 - 8 Floors Water Access Features Boat - PoweredCanoe/KayakFishing AllowedPersonal Watercraft (Pwc)Public AccessPublic BeachSailSwimming AllowedWaterski/Wakeboard Water Access YN Yes Water Body Type Ocean Water Oriented YN Yes Water View YN No Waterfront YN Yes

Interior Features

Above Grade Fin SQFT 1710 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CHeat Pump(S) Exclusions Living Room PrintSurfboard in BedroomStaging items Fireplaces Total 0 Heating CentralHeat Pump(S) Heating YN Yes Inclusions Fully Furnished Levels 1 Main Level Bedrooms 3 Pets Allowed No Pet Restrictions

Property Features

Accessibility Features 36"+ Wide HallsDoors - Swing InElevatorLevel Entry - Main Assessment Year 2021 Association Amenities BeachElevatorExercise RoomFitness CenterPool - IndoorPool - OutdoorReserved/Assigned Parking Association Fee Includes Common Area MaintenanceExt Bldg MaintHealth ClubInsuranceManagementPool(S)Recreation FacilityReserve FundsSauna Association Fee2 2906.00 Association Fee2 Frequency Quarterly Association YN No Central Air YN Yes Condo YN Yes Cooling Fuel Electric Entry Level 2 Federal Flood Zone YN Yes Heating Fuel Electric Hot Water Electric Municipality Ocean City Navigable Water YN Y New Construction YN No Number Of Units Total 0 Original MLSNumber 800945933932 Ownership Interest Condominium Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Septic Structure Design Type Unit/Flat/Apartment Tax Annual Amount 9326.00 Tax Assessment Amount 660000.00 Tax Lot 203 Total Actual Rent 89000.00 Utilities Cable Tv AvailableElectric AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN Yes Water Source Public Zoning R3

Listing courtesy of Coldwell Banker Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T18:49:53.027.
 
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