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$1,170,000
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Property Description
If you've been looking for the perfect blend between Ocean Front Luxury and Cash Cow Rental, this is the one! Welcome to Belmont Towers #703! This beautiful 3 Bedroom, 3 Bath unit received a complete Renovation in 2023, featuring en-suite Bathrooms for all 3 bedrooms, spectacular panoramic Ocean Views from the Primary Bedroom and Living Room, and a spacious Kitchen and wet bar. If you to be Host of the Year, offer your friends a Front Row- like experience to Ocean City's best Events like Ocean's Calling and Country Calling from the comfort of your front porch! Or if you'd like to capitalize on prime Rental Income, this unit did an astounding $100,000 in 2023 in Gross Rental Income! With all of the ideal Amenities like Pool, Sauna, Fitness Center, Parking Garage, this prime location building offers it all! Schedule your Showing today!
Full Property Details
Full Property Details for 2 Dorchester St #703
General
- Sold For: $1,170,000
- Taxes: $11,192 (2024)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2027286
- Added to Site: 442 day(s) ago
Interior
- Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System, Wainscotting, Upgraded Countertops, Wet/Dry Bar, Window Treatments, Bathroom - Soaking Tub, Kitchen - Eat-In, Primary Bedroom - Ocean Front
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas/Propane, Gas/Propane
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Single, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
- Furnished: Yes
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Sauna
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Smoke Detector, Sprinkler System - Indoor
Exterior
- Exterior Features: Outside Shower, Secure Storage
Parking
- Garage: Yes
- Garage Spaces: 2
- Assigned Spaces: 2
- Total Spaces: 2
- Parking Features: Assigned, Lighted Parking, Secure Parking
- Parking Type: Off Street, Parking Garage
- Garage Description: Covered Parking, Garage Door Opener
Location
- Area: Direct Oceanfront (80)
- Municipality: Ocean City
- County: Worcester
- Development Name: Non Development
- Subdivision: Non Development
- Building Name: Belmont Towers
- Driving Directions: On the Boardwalk at Dorchester Street
- Direction Faces: West
- Location Details: Oceanfront
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- High School: Stephen Decatur
Community
- Assoc. Fees Include: Insurance, Management, Reserve Funds, Common Area Maintenance
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV
Structural Information
- Architectural Info: Coastal
- Architectural Style: Coastal
- Structure Type: Hi-Rise 9+ Floors
- Construction: Stucco
- Roof: Metal
- Walls/Ceilings: 9'+ Ceilings, Dry Wall
- Entry Floor Number: 7
- Elevator(s ): 2
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,693
- Sq. Ft. Source: Assessor
- Living Area: 1,693 Sq. Ft.
- Year Built: 2007
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Unit Floor in Bldg.: 9
Lot Features
- Property View: Bay, Ocean, Panoramic, Water
- Lot Dimensions: 0.00 x 0.00
- Zoning: RESIDENTIAL
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Public Beach
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $708.8
- City/TownTax: $3,539
- City/TownTax Freq: Annually
- County Tax: $6,757
- County Tax Freq: Annually
- Tax w/Assessment: $799,633
- Tax Amount: $11,192
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1693
Disclosures and Reports
- Ownership: Fee Simple
- Condo: Yes
- Inclusions: Furnished as Shown
- Lot Number: 703
Listed by Keller Williams Realty Delmarva, Lauren Britt Hudson
Sold by Atlantic Shores Sotheby's International Realty, Ryan Haley
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Schools
Schools serving 2 Dorchester St #703
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 1.6 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 6.8 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 5.6 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Dorchester St #703
Date
Details
Price
Change
Source
2/13/2025
Sold
$1,170,000
-2.5%
MLS
12/07/2024
Listed
$1,199,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 Dorchester Street #703, Ocean City, MD 21842 (MLS# MDWO2027286) is a Condo property that was sold at $1,170,000 on February 13, 2025. Want to learn more about 2 Dorchester Street #703? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

