5 87th Street Unit 301
Ocean City, MD 21842
- 5 beds
- 5 baths
- 2,725 sqft
- $550 per sqft
- 2007 build
This amazing spacious unit 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. "Sunset" Unit 301, at 2722 sq ft, is a proven high income producing rental that is being offered turn key/ fully furnished so all you have to do it start collecting the rental income. Sunset also features LVP flooring, granite counters & island, tray ceilings as well as sliders and windows galore. To the east of this unit sits a beautifully decorated terrace perfect for entertaining and or family gatherings. 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 per unit
Last checked:
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Last updated Mar 31, 2025
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MLS# MDWO2017506 —
The Building
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Year Built:2007
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Cement Siding
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Building Name:St Kitts
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Unit Building Type:Garden 1 - 4 Floors
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Structure Type:Unit/Flat/Apartment
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Architectural Style:Unit/Flat
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Levels:4
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Entry Floor Number:3
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Accessibility Features:Elevator
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Basement:No
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Unit Number:301
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:2725
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:2725
Interior
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Interior Features:Bar, Ceiling Fan(s), Central Vacuum, Combination Dining/Living, Dining Area, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2725
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Living Area SqFt:2,725 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:0-30 Days CD
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Lease Considered:No
Location
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Directions:87th street bayside
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Latitude:38.40428000
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Longitude:-75.05899000
The Property
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Property Type:Residential
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Zoning:R
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (443) 783-0299
- Office phone:
- (410) 629-0200
Taxes
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Tax ID Number:2410760844
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Tax Year:2024
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Tax Lot:301
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Tax Annual Amount:$9,026
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Tax Assessed Value:$644,900
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Year Assessed:2024
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County Tax:5449.00
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City/Town Tax:2854.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:5
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Bedrooms Main Level:5
Baths
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Total Baths:5
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Full Baths:4
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Half Baths:1
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Main Level Baths:5.00
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Main Level Full Baths:4
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Main Level Half Baths:1
The Listing
Heating & Cooling
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Cooling Type:Ceiling Fan(s), Central A/C, Heat Pump(s)
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump(s)
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
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Laundry Type:Dryer In Unit, Washer In Unit
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Washer/Dryer/Hook Up in Unit:Yes
Schools
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Elementary School:Ocean City
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Middle School:Berlin Intermediate School
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High School:STEPHEN DECATUR
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School District Name:Worcester County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:Yes
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HOA/Condo/Coop Amenities:None
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Condo/Coop Fee:$3,140
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Condo/Coop Fee Frequency:Quarterly
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HOA/Condo/Coop Fee:Ext Bldg Maint, Insurance, Management
Parking
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Total Garage and Parking Spaces:3
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Garage:No
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Type of Parking:Parking Lot
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Parking Lot - # of Spaces:3
Extra Units
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Vacation Rental:Yes
Monthly cost estimate

Asking price
$1,500,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,032
|
Taxes | $752 |
Insurance | $412 |
HOA fees | $1,047 |
Utilities | $193 See report |
Total | $10,436/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/20/24
Apr 20, 2024
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Price Changed | BRIGHT | $1,500,000 | -14.3% |
11/7/23
Nov 7, 2023
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Listed / Active | BRIGHT | $1,750,000 |