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Property view

2 Dorchester St #507, 
Ocean City, MD 21842

$891,000


3

Beds


3

Baths


1,472

Sq Ft


Condo

Sold

Listed by

John C Williams

Bought with Rosendale Realty

Vra Realty

MLS#

MDWO2029538

Source:

BRIGHTMLS

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About This Home

2 Dorchester St #507

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.

Home Facts

Condo

3 Baths

3 Bedrooms

Built in 2007

Price Summary

891,000

$605 per Sq. Ft.

MLS #:

MDWO2029538

Sold:

April 14, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,472 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

1,472 Sq. Ft.

Year Built:

2007


Finances & Disclosures

Finances

Price:

$891,000

Price per Sq. Ft:

$605 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s 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 information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.