5 87th St Unit 303 Ocean City, MD 21842
Estimated payment $11,367/month
Total Views
45,719
5
Beds
4.5
Baths
2,622
Sq Ft
$667
Price per Sq Ft
Highlights
- Gourmet Kitchen
- Open Floorplan
- Terrace
- Ocean City Elementary School Rated A
- Main Floor Bedroom
- Stainless Steel Appliances
About This Home
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,856
Year Built
- Built in 2007
HOA Fees
- $1,047 Monthly HOA Fees
Interior Spaces
- 2,622 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Central Vacuum
- Partially Furnished
- Sound System
- Ceiling Fan
- Recessed Lighting
- Insulated Windows
- Sliding Doors
- Insulated Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
Kitchen
- Gourmet Kitchen
- Stove
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- En-Suite Bathroom
Laundry
- Laundry in unit
- Electric Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Lot
- Parking Space Conveys
Schools
- Buckingham Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Terrace
- Property is in excellent condition
- Flood Risk
Listing and Financial Details
- Tax Lot 303
- Assessor Parcel Number 2410760852
Community Details
Overview
- Association fees include exterior building maintenance, insurance, management
- Low-Rise Condominium
- St Kitts Community
Pet Policy
- No Pets Allowed
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,829 | $657,233 | $0 | $0 |
| 2024 | $8,829 | $632,767 | $0 | $0 |
| 2023 | $8,575 | $608,300 | $304,100 | $304,200 |
| 2022 | $8,549 | $608,300 | $304,100 | $304,200 |
| 2021 | $8,596 | $608,300 | $304,100 | $304,200 |
| 2020 | $8,595 | $608,300 | $304,100 | $304,200 |
| 2019 | $8,654 | $608,300 | $304,100 | $304,200 |
| 2018 | $8,567 | $608,300 | $304,100 | $304,200 |
| 2017 | $10,000 | $707,900 | $0 | $0 |
| 2016 | -- | $692,167 | $0 | $0 |
| 2015 | $9,659 | $676,433 | $0 | $0 |
| 2014 | $9,659 | $660,700 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $1,750,000 | 0.0% | $667 / Sq Ft |
| 03/05/2025 03/05/25 | Off Market | $1,750,000 | -- | -- |
| 07/24/2024 07/24/24 | For Sale | $1,750,000 | 0.0% | $667 / Sq Ft |
| 05/08/2024 05/08/24 | Off Market | $1,750,000 | -- | -- |
| 05/07/2024 05/07/24 | For Sale | $1,750,000 | 0.0% | $667 / Sq Ft |
| 11/07/2023 11/07/23 | For Sale | $1,750,000 | -- | $667 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Katz Lawrence A | |
| Deed | $1,050,000 | -- |
Source: Public Records
Similar Homes in Ocean City, MD
Source: Bright MLS
MLS Number: MDWO2017508
APN: 10-760852
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 5 87th St Unit 301
- 5 87th St Unit 303 & 301
- 12 86th St Unit 2W
- 8500 Coastal Hwy
- 8500 Coastal Hwy
- 8500 Coastal Hwy
- 8500 Coastal Hwy
- 8500 Coastal Hwy
- 8800 Coastal Hwy
- 8703 Coastal Hwy
- 102 Bering Rd
- 4 84th St Unit 34
- 4 84th St
- 8307 Atlantic Ave Unit 102
- 11 91st St
- 9002 Coastal Hwy Unit 106
- 9007 Coastal Hwy
- 9106 E Biscayne Dr
- 9103 Coastal Hwy
- 9005 W Biscayne Dr
- 9900 Coastal Hwy Unit 413
- 620 Salt Spray Rd
- 10700 Coastal Hwy Unit 302
- 10900 Coastal Hwy Unit 1405
- 11000 Coastal Hwy Unit 1008
- 157 Old Wharf Rd
- 11400 Coastal Hwy Unit High Point North
- 10620 Point Lookout Rd
- 1 64th St Unit 203
- 105 120th St Unit 84
- 8 121st St
- 5300 Coastal Hwy Unit 205
- 120 53rd St Unit P301
- 5 51st St Unit 7
- 6 50th St Unit 8
- 13 43rd St Unit 1
- 5 41st St Unit 11
- 3900 Coastal Hwy Unit 204
- 3701 Coastal Hwy Unit 232G
- 17 143rd St