Date
Details
Price
Change
Source
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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1/49
$1,750,000
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1/49
Property Description
This spacious unit, just steps to the beach, 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. "Sunrise" Unit 303, has been an occasional summer retreat for the current owners and is approximately 2622 sq. ft. and will convey with most furniture. The Gourmet kitchen features granite counters, plenteous kitchen cabinets , built in wine cooler & icemaker, the granite island conveniently offers a cooktop & vented stainless steel range hood so you can prepare a feast while socializing with your guests. The living area has aesthetically pleasing cork flooring, sliding doors and windows galore allowing an abundant of natural sunlight with views of the ocean and bay. 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.
Full Property Details
Full Property Details for 5 87th St #303
General
- Price: $1,750,000
- HOA FEE: $1,047/month
- HOA FEE FREQ.: Quarterly
- Taxes: $8,856 (2024)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2017508
- Updated: 7/1/2025
- Added to Site: 617 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Sound System, Central Vacuum
- Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater, Range Hood
- Flooring: Ceramic Tile, Luxury Vinyl Plank
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
Exterior
- Porch/Patio/Deck: Terrace
Parking
- Total Spaces: 3
- Parking Features: Parking Space Conveys, Under Home Parking
- Parking Type: Parking Lot
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: St Kitts
- Driving Directions: ocean block 87th st
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Elementary School: Buckingham
- Middle School: Stephen Decatur
- 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 Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Concrete
- Windows: Insulated
- Doors: Insulated, Sliding Glass
- Entry Floor Number: 3
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 2,622
- Sq. Ft. Source: Assessor
- Living Area: 2,622 Sq. Ft.
- Year Built: 2007
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: R
Financial Considerations
- Price Per Sq. Ft.: $667.43
- Condo Fee: $3,140
- Condo Fee Freq: Quarterly
- Assessment Year: 2024
- City/TownTax: $2,800
- City/TownTax Freq: Annually
- County Tax: $5,347
- County Tax Freq: Annually
- Tax w/Assessment: $632,767
- Tax Amount: $8,856
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 2622
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: some artwork and furniture pieces
- Inclusions: most furnishings
- Lot Number: 303
Listed by Sheppard Realty Inc, Jenny Sheppard
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 5 87th St #303 —
Jenny Sheppard
Sheppard Realty Inc
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 5 87th St #303
School District:Worcester County Public Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 4.7 mi | |
|
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 9.7 mi | |
|
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 8.5 mi | |
|
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 8.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
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 #303
Tax History
Tax History for 5 87th St #303
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,575
—
$632,767
4%
2023
$8,575
—
$608,300
—
2021
$8,596
—
$608,300
—
2021
$8,595
-1%
$608,300
—
2020
$8,654
1%
$608,300
—
2019
$8,593
-14%
$608,300
-14%
2018
$10,000
2%
$707,900
2%
2017
$9,827
2%
$692,167
2%
2016
$9,639
8%
$676,433
2%
2015
$8,935
—
$660,700
—
2014
$8,946
—
$660,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 87th St #303
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Sold by Bunting Realty, Cam Bunting
5 87th Street #303, Ocean City, MD 21842 (MLS# MDWO2017508) is a Condo property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 5 87th Street #303 is currently listed for $1,750,000 and was received on November 07, 2023. Want to learn more about 5 87th Street #303? 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.