2 DORCHESTER ST #507 Under Contract Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $605
Subdivision Non Development
MLS Listing ID MDWO2029538
Style Coastal
Bedrooms 3
Full Baths 2
Half Baths 1
Condo Fees $3,192/qua
HOA Y/N N
Abv Grd Liv Area 1,472
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $7,968
Tax Year 2025
Lot Dimensions 0.00 x 0.00
Property Sub-Type Condo/Co-op
Property Description
Breathtaking five star guest rated direct ocean, beach & boardwalk front corner condo in Belmont Towers with fantastic ocean views from every room and 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 refreshed corner condo in Belmont Towers with strong rental history ($85,000 gross for the 2024 and 2023 season self managed through Air Bnb and VRBO even with two owner use weeks and is currently 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 up to $250 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 self managed if desired or continue with the current net rental contract; 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 all of 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 guest bedroom, and a Bunk bedroom 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 while enjoying a morning coffee and end the day with sunset views over the bay with a glass of champagne. 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-Sq Ft 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 Jolly Roger's pier, restaurants, water sports, shopping, mini golf and more.
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Zoning CONDOMINIUM
Rooms
Main Level Bedrooms 3
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
Hot Water Electric,60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Tile,Ceramic Tile
Fireplaces Number 1
Fireplaces Type Corner,Gas/Propane,Marble
Inclusions Fully furnished as shown.
Equipment 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
Furnishings Yes
Fireplace Y
Appliance 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
Heat Source Electric
Laundry Main Floor,Washer In Unit,Dryer In Unit,Has Laundry
Exterior
Exterior Feature Balcony
Parking Features Inside Access
Garage Spaces 2.0
Amenities Available Fitness Center,Pool - Outdoor,Common Grounds,Elevator,Exercise Room,Extra Storage,Meeting Room,Picnic Area,Putting Green,Sauna,Swimming Pool
Waterfront Description Sandy Beach
Water Access Y
Water Access Desc Public Beach,Public Access,Swimming Allowed
View Ocean,Water,Panoramic,Bay
Roof Type Metal
Accessibility None
Porch Balcony
Total Parking Spaces 2
Garage Y
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Coastal
Level or Stories 1
Additional Building Above Grade,Below Grade
Structure Type 9'+ Ceilings,High,Dry Wall
New Construction N
Schools
School District Worcester County Public Schools
Others
Pets Allowed Y
HOA Fee Include All Ground Fee,Common Area Maintenance,Ext Bldg Maint,Gas,Health Club,Insurance,Management,Pool(s),Recreation Facility,Reserve Funds,Security Gate,Trash,Sauna
Senior Community No
Ownership Fee Simple
Security Features Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Smoke Detector,Sprinkler System - Indoor
Special Listing Condition Standard
Pets Allowed No Pet Restrictions