5 87th Street #301, Ocean City, MD 21842 - Photo 1

1/1

$1,400,000

Sold
Closed
Condo
5 Beds
4 Full Baths
1 Partial Bath
2,725 Sq. Ft.

1/1

Property Description

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

Full Property Details

Full Property Details for 5 87th St #301

General

Sold For: $1,400,000
HOA FEE: $1,047/month
HOA FEE FREQ.: Quarterly
Taxes: $9,026 (2024)
Status: Closed
Type: Condo
Source: BrightMLSMidAtlantic
MLS ID: MDWO2017506
Added to Site: 847 day(s) ago

Interior

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
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
Furnished: Yes

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 4
Half Bathrooms: 1
Main Floor Baths: 5
Main - Full Baths: 4
Main - 1/2 Baths: 1

Bedrooms

Total Bedrooms: 5
Bedrooms Main & Up: 5

Other Rooms

Laundry: Dryer In Unit, Washer In Unit

Additional Information

Shared Amenities: None

Parking

Total Spaces: 3
Parking Type: Parking Lot

Location

Area: Ocean Block (82)
Municipality: Ocean City
County: WORCESTER
Building Name: St Kitts
Driving Directions: 87th street bayside
City Limits: Yes

School Information

School District: Worcester County Public Schools
Elementary School: Ocean City
Middle School: Berlin Intermediate School
High School: Stephen Decatur

Community

Assoc. Fees Include: Ext Bldg Maint, Insurance, Management

Heating & Cooling

Central air: Yes
Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s)
Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Unit/Flat
Structure Type: Garden 1 - 4 Floors
Construction: Cement Siding
Entry Floor Number: 3
Stories Description: Main
Square Feet: 2,725
Sq. Ft. Source: Assessor
Living Area: 2,725 Sq. Ft.
Finished Above Grnd: 2,725 Sq. Ft.
Year Built: 2007
Year Built Source: Assessor

Lot Features

Zoning: R

Financial Considerations

Price Per Sq. Ft.: $550.46
Condo Fee: $3,140
Condo Fee Freq: Quarterly
Assessment Year: 2024
City/TownTax: $2,854
City/TownTax Freq: Annually
County Tax: $5,449
County Tax Freq: Annually
Tax w/Assessment: $644,900
Tax Amount: $9,026
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 2725

Disclosures and Reports

Ownership: Condominium
Condo: Yes
Lot Number: 301

Listed by Sheppard Realty Inc, Jenny Sheppard
Sold by RE/MAX Advantage Realty, Elaine A. Davidson

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Listing agent

— 5 87th St #301 —

Jenny Sheppard

Sheppard Realty Inc

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NMLS#: 1598647

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Schools

Schools serving 5 87th St #301

School District:Worcester County Public Schools

Name	Grades	Distance
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842	PK-4	4.8 mi
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811	4-6	9.7 mi
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811	7-8	8.5 mi
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811	9-12	8.3 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 5 87th St #301

Date

Details

Price

Change

Source

11/26/2025

Sold

$1,400,000

-6.67%

MLS

4/20/2024

Price Reduced

$1,500,000

-14.29%

MLS

11/07/2023

Listed

$1,750,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 1 hour ago

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Beds
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Beds
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Updated 3 days ago

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Beds
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Price Reduced

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Single Family
Active
Updated 18 hours ago

4
Beds
2
Total Baths
1,672
Sq. Ft.

Listed by Hileman Real Estate-Berlin, Debora H Hileman

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Price Reduced

-$5,000 (-1.28%)

$384,900

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Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,224
Sq. Ft.

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8307 Atlantic Ave, Ocean City, MD 21842 - Photo 1

Sold

$1,499,000

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Condo
Closed

3
Beds
3
Total Baths
1,813
Sq. Ft.

Listed by Long & Foster Real Estate, Inc., Karen Oass
Sold by Coastal Life Realty Group LLC, Deeley Chester

Sold

$1,356,000

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Condo
Closed

3
Beds
3
Total Baths
1,813
Sq. Ft.

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Sold by Coastal Life Realty Group LLC, Tina Dorsey

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Sold

$1,520,000

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Single Family
Closed

3
Beds
2
Total Baths
1,906
Sq. Ft.

Listed by Jamie Caine
Sold by Keller Williams Realty Delmarva, Grant K Fritschle

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Sold

$1,599,000

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Single Family
Closed

4
Beds
3
Total Baths
2,169
Sq. Ft.

Listed by Keller Williams Realty Delmarva, Jimbo Weismiller
Sold by Sheppard Realty Inc, Mitchell G. David

5 87th Street #301, Ocean City, MD 21842 (MLS# MDWO2017506) is a Condo property that was sold at $1,400,000 on November 26, 2025. Want to learn more about 5 87th Street #301? 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.

5 87th St #301 Ocean City, MD 21842

Full Property Details for 5 87th St #301

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Additional Information

Parking

Location

School Information

Community

Heating & Cooling

Utilities

Structural Information

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 5 87th St #301

Price & Sales History for 5 87th St #301

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