About This Home

This 5-bedroom, 5-bathroom condo at 5 87TH Street #303 in Ocean City, MD is listed for $1,600,000 ($610 per sqft). Built in 2007, the home offers 2,622 sqft of living space on a N/A lot.

Key Features

  • Built in 2007
  • 3 parking spaces

Property Details

1 story
4 full, 1 half
3 spaces
#303
2007

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$13,849/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467
HOA$5,292

Estimates only. Actual payments may vary.

Location

5 87TH Street #303

Ocean City, MD 21842

NONE AVAILABLE

Features & Amenities

Interior Features

Ceiling Fan(s)Combination Dining/LivingDining AreaEntry Level BedroomFamily Room Off KitchenFloor Plan - OpenKitchen - GourmetPrimary Bath(s)Recessed LightingSound SystemCentral Vacuum

Property Details

Construction

Concrete

Parking

Parking Lot

Heating

Heat Pump (Heating)

Cooling

Heat PumpCentral AirCeiling Fan(s)

Appliances

DishwasherDisposalDryer - ElectricExhaust FanIcemakerMicrowaveRefrigeratorStainless Steel AppliancesStoveWasherWaterHeaterRange Hood

Questions & Answers

This 5-bedroom, 5-bathroom condo at 5 87TH Street is listed at $1,600,000 ($610/sqft). The estimated monthly payment is $13,849 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $5292/month.

Key features include: Built in 2007, 3 parking spaces. Interior Features: Ceiling Fan(s), Combination Dining/Living, Dining Area.

This property is listed by Jenny Sheppard.

JS

Jenny Sheppard

License 502797

Agent at Sheppard Realty, Inc

Listed by Sheppard Realty, Inc · Broker phone: (410) 629-0200 · View on Broker Site · Broker website

MLS# MDWO2042114· Source: Bright MLS· 15 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5 87TH Street #303, Ocean City, MD 21842

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