8 days on rocket

2 Dorchester St Unit 703, Ocean City, MD, 21842

$1,199,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,693 SqFt
$709/SqFt
Condo

Location

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2 Dorchester St Unit 703, Ocean City$1,199,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCovered Parking, Garage Door Opener, Assigned, Lighted Parking, Secure Parking, Off Street, Parking Garage
Garage2 spaces
Year Built2007
HeatingHeat Pump
CoolingCentral Air
WaterfrontBeach
FireplaceGas/Propane
ViewBay, Ocean, Panoramic, Water
MLS #MDWO2027286
StatusActive
(ACTIVE)

About 2 Dorchester St Unit 703

If you've been looking for the perfect blend between Ocean Front Luxury and Cash Cow Rental, this is the one! Welcome to Belmont Towers #703! This beautiful 3 Bedroom, 3 Bath unit received a complete Renovation in 2023, featuring en-suite Bathrooms for all 3 bedrooms, spectacular panoramic Ocean Views from the Primary Bedroom and Living Room, and a spacious Kitchen and wet bar. If you to be Host of the Year, offer your friends a Front Row- like experience to Ocean City's best Events like Ocean's Calling and Country Calling from the comfort of your front porch! Or if you'd like to capitalize on prime Rental Income, this unit did an astounding $100,000 in 2023 in Gross Rental Income! With all of the ideal Amenities like Pool, Sauna, Fitness Center, Parking Garage, this prime location building offers it all! Schedule your Showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal
  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,693 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Listing Agent: Lauren Britt Hudson

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Crown Moldings, Dining Area, Flat, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System, Wainscotting, Upgraded Countertops, Wet/Dry Bar, Window Treatments, Bathroom - Soaking Tub, Kitchen - Eat-In, Primary Bedroom - Ocean Front
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • View: Bay, Ocean, Panoramic, Water
  • Exterior: Outside Shower, Secure Storage

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered Parking, Garage Door Opener, Assigned, Lighted Parking, Secure Parking, Off Street, Parking Garage

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the Boardwalk at Dorchester Street

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,999
  • Price Per SqFt: $709/SqFt

Tax Information:

  • Annual Amount: $10,239
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

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Ocean City, MD

City

Med. Sold Price

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

2 Dorchester St Unit 703 vs Ocean City

8 DAYS ON ROCKET

-48 Days

$1,199,999

+$750.3K More

$709/SqFt

+$281 More

KEY TAKEAWAY

This property is $750.3K more than the Median Sold Price and $281/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2027286

Listing Office:

  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Listing Agent: Lauren Britt Hudson

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/15/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 22, 2011Home Sold
$665,000
Jun 11, 2008Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,239$724,600
2020$10,237$724,600
2019$9,697$681,700
2018$9,024$638,800
2017$8,418$595,900

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3640367
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.67 miles

  • Public District Grades PK-4

school-card-donut-3640368
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.80 miles

  • Public District Grades 4-6

school-card-donut-3640369
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.11 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,906. Most Ocean City, MD residents have annual incomes between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Ocean City, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Ocean City, MD?

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

Is Ocean City, MD a good place to live?

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Are things conveniently located in Ocean City, MD?

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

What does the transportation in Ocean City, MD look like?

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

Frequently Asked Questions About 2 Dorchester St Unit 703

What is the listing price of this property?

The listing price of 2 Dorchester St Unit 703 property is $1,199,999.

What type of property is this?

The property 2 Dorchester St Unit 703 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 2 Dorchester St Unit 703 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,239 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 22, 2011 for $665,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2 Dorchester St Unit 703 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2 Dorchester St Unit 703 is 1,693 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Dorchester St Unit 703 is 2007.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›2 Dorchester St Unit 703

This home is located at 2 Dorchester St Unit 703 in Ocean City, MD and zip code 21842. This 1,693 square foot home was built in 2007. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $1,199,999.

In November 2024 more than 15 listings in Ocean City, MD were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 57 were sold below. The inventory of homes for sale in Ocean City, MD between October 2024 and November 2024 increased by 0.2%. The median list price of listings available in November 2024 was $449,666, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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