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RE/MAX One

Active

MLS MDWO2042114

5 87th Street 303

Ocean City, Maryland 21842

$1,600,000Price
2,622Sq ft
5Bath
5Bed

About this property

This spacious unit, just steps to the beach, has 5 bedrooms and 4.5 baths, newer HVAC unit, replaced sliding doors with surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. This amazing property has 3 covered assigned spaces, for no hassle parking and a building elevator for ease of trips to and from the beach. Named "Sunrise" 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, and 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. This is an owners, never rented, unit however could easily gross $100k+- in rental income per year.

Property details
Style
Unit/Flat/Apartment
Year built
2007
County
Worcester
School district
WORCESTER COUNTY PUBLIC SCHOOLS
Interior
Total sq ft
2,622
Above grade sq ft
2,622
Heating
Heat Pump(s)
Heating fuel
Electric
Cooling
Ceiling Fan(s), Central A/C, Heat Pump(s)
Fireplace
No
Exterior & construction
Architectural style
Unit/Flat
Construction
Concrete
Parking
Parking Lot
Parking spaces
3
New construction
No
Utilities
Water
Public
Sewer
Public Sewer
Waterfront
No
Water view
Yes
Financial
Annual taxes
$9,268
Assessed value
$681,700
Ownership
Condominium
Condo / co-op association
Yes
Listing courtesy of Sheppard Realty Inc (443) 783-0299
© 2026 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Sheppard Realty Inc. Data last updated on Saturday, October 31st, 2026 10:10:02 AM.
Data services provided by IDX Broker
The Indian River Inlet Bridge at sunset, Delaware Seashore State Park
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