1 of 39

Want to see this home?

Belmont Towers - 2 Dorchester Street Unit 507

Ocean City, MD 21842

3 beds
3 baths
1,472 sqft
$669 per sqft
2007 build

Breathtaking five star rated direct ocean, beach & boardwalk front corner condo in Belmont Towers with walkout access to the full length balcony from every bedroom plus the living room. Enjoy spectacular panoramic beach, boardwalk and ocean views through glass sliders and all new crystal clear windows from every room of this exceptional updated corner condo in Belmont Towers with strong rental history ($85,000 gross for the 2024 and 2023 season even with two owner use weeks and is nearly booked for the 2025 season through OC Beachfront Rentals with a net rental contract in place for 2025 that transfers to the new owner (OC Beachfront Rentals manages rentals, cleaning, linens and maintenance so all you have to do is collect the net rental payments if investment is your primary focus). This unit has the potential to do between $95,000 and $100,000 plus in gross rental income if desired; the current owners have preferred to use two owner weeks both of the last two years. This bright sun-lit condo and its furnishings were refreshed during 2022 through 2024; with many updates to the condo as well as its furnishings, is fully stocked in every way and has been meticulously maintained. With 3 bedrooms (5 beds including a King suite with a spa like bath that has a rainfall shower, Queen, Bunk with a full, twin and an additional twin trundle, plus an additional pull out Queen Sleeper in the living room), 2.5 baths and an open functional and spacious layout in the best location in town, this condo is sure to please every size group from smaller families to larger groups for all types of vacation, holiday or other gatherings. Watch an ocean sunrise over the beach from the balcony and end the day with sunset views over the bay. Sleep listening to the sound of waves crashing on the shore. Watch the Dorchester St fireworks, Oceans Calling or Country Calling concerts and other events, or dolphin and people watch right from the comfort of your balcony. There is a rooftop pool that is located on the 12,500-SqFt sun deck that has a putting green and picnic tables, and there is also a fitness center, sauna and more. Park your cars in the two reserved owner spaces in the gated parking garage with elevators and luggage carts available for added convenience and walk to everything including the world famous boardwalk and pier, restaurants, water sports, shopping, mini golf and more.

Listing courtesy of BRIGHT / VRA Realty

Last checked: Checking… • Last updated Feb 8, 2025 •

MLS# MDWO2028522 —

The Building

Year Built:

2007
Year Built Source:

Assessor
Year Major Reno/Remodel:

2022
Roof:

Metal
New Construction:

No
Construction Materials:

Stucco
Building Name:

Belmont Towers
Unit Building Type:

Hi-Rise 9+ Floors
Structure Type:

Unit/Flat/Apartment
Architectural Style:

Coastal
Levels:

1
Elevators:

2
Entry Floor Number:

5
Door Features:

Sliding Glass
Security Features:

Carbon Monoxide Detector(s), Fire Detection System, Security Gate, Smoke Detector, Sprinkler System - Indoor
Accessibility Features:

None
Basement:

No
Unit Number:

507
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

1472
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

1472

Interior

Interior Features:

Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Primary Bedroom - Ocean Front, Recessed Lighting, Sprinkler System, Upgraded Countertops, Window Treatments
Flooring Type:

Luxury Vinyl Tile, Ceramic Tile
Fireplace:

Yes
Fireplaces:

1
Fireplace Features:

Corner, Gas/Propane, Marble
Wall & Ceilings:

9'+ Ceilings, High, Dry Wall
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1472
Living Area SqFt:

1,472 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement
Lease Considered:

No

Location

Directions:

On the boardwalk at Dorchester St
Latitude:

38.32961000
Longitude:

-75.08603000
Location Type:

Oceanfront

The Property

Property Type:

Residential
Property Condition:

Excellent
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Inclusions:

Fully furnished as shown.
Exclusions:

None.
Zoning:

RESIDENTIAL
View:

Ocean, Water, Panoramic, Bay
In City Limits:

Yes
Outdoor Living Structures:

Balcony
Other Structures:

Above Grade, Below Grade
Waterview:

Yes
Waterfront:

Yes
Waterfront Features:

Sandy Beach
Water Oriented:

Yes
Water Access:

Yes
Water Access Features:

Public Beach, Public Access
Water Body Name:

Ocean
Water Body Type:

Ocean
Navigable Water:

No
Water Frontage In Feet:

1500
Land Use Code:

U

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410757843
Tax Year:

2024
Tax Lot:

507
Tax Annual Amount:

$7,968
Tax Assessed Value:

$569,300
Year Assessed:

2024
County Tax:

4811.00
City/Town Tax:

2519.00
Total Taxes Payment Frequency:

Annually

Beds

Bedrooms:

3
Bedrooms Main Level:

3

Baths

Total Baths:

3
Full Baths:

2
Half Baths:

1
Main Level Baths:

3.00
Main Level Full Baths:

2
Main Level Half Baths:

1

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric, 60+ Gallon Tank
Water Source:

Public

Appliances

Appliances:

Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Energy Efficient Appliances, ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater, Water Heater - High-Efficiency
Laundry Type:

Main Floor, Washer In Unit, Dryer In Unit, Has Laundry
Washer/Dryer/Hook Up in Unit:

Yes

Schools

School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Subdivision Name:

Non Development
Senior Community:

No
Exterior Features:

Exterior Lighting, Roof Deck, Secure Storage, Sidewalks, Street Lights
Pool:

Yes - Community
Community Pool Features:

Concrete, Fenced, Rooftop
Association Recreation Fee:

No
HOA:

No
Condo/Coop Association:

Yes
HOA/Condo/Coop Amenities:

Fitness Center, Pool - Outdoor, Common Grounds, Elevator, Exercise Room, Extra Storage, Meeting Room, Picnic Area, Putting Green, Sauna, Swimming Pool
Condo/Coop Fee:

$3,192.49
Condo/Coop Fee Frequency:

Quarterly
HOA/Condo/Coop Fee:

All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Gas, Health Club, Insurance, Management, Pool(s), Recreation Facility, Reserve Funds, Security Gate, Trash, Sauna
Municipal Trash:

Yes
Condo/Coop Name:

Belmont Towers Condominium Association

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Inside Access
Garage Spaces:

2.00
Type of Parking:

Parking Garage
Parking Features:

Secure Parking, Private, Parking Space Conveys
Parking Garage - # of Spaces:

2

Extra Units

Vacation Rental:

Yes

Monthly cost estimate

Belmont Towers - 2 Dorchester Street Unit 507

Asking price

$985,000

Expense	Monthly cost
Mortgage	$5,274
Taxes	$664
Insurance	$270
HOA fees	$1,064
Utilities	$134 See report
Total	$7,406/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/6/25 Feb 6, 2025	Listed / Active	BRIGHT	$985,000

Want a closer look?

Go see Belmont Towers - 2 Dorchester Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Ocean City, MD

Similar sold homes

This condo located in Ocean City 21842 is currently for sale for $985,000. Belmont Towers - 2 Dorchester Street Unit 507 is a 1,472 square foot condo with 3 beds and 3 baths. This condo is in the attendance area of Stephen Decatur Middle School, Stephen Decatur High School, Berlin Intermediate School, and Ocean City Elementary School.

Listing Courtesy of: BRIGHT and VRA Realty.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.