2 15Th St #505, Ocean City, MD 21842

Description

New list price is below recently appraised value! New kitchen cabinets, kitchen appliances and $50k price improvement. Great investment opportunity, currently over $130k gross rental income on the books for 2026. Welcome to 505 Miramar, the premier location in the private residences on the top floor of the Courtyard by Marriott. The fifth floor is exclusive to nine luxury condominiums, only three of which are direct oceanfront. Breathtaking ocean views can be enjoyed as soon as you enter this end-unit penthouse. Step outside to the huge oceanfront, wrap-around deck for the best panoramic beach and boardwalk views you'll find in Ocean City. The bright, open living room and dining room feature a fireplace, floor to ceiling windows and sliding glass doors. Open floor plan continues to the upgraded kitchen with granite countertops, barstool seating and of course bright blue ocean views. The primary bedroom has great southern exposure and additional deck with more beach views. Spacious primary bathroom includes a jetted soaking tub, stand-up shower and dual sink vanity. Built in 2009, this well maintained hotel/condo has amazing year round amenities; heated pool, fitness center, restaurant, 24 hr security, in-house management and maintenance. All of this with an incredibly low condo fee! This is truly a unique and rare opportunity to own a direct oceanfront penthouse on the famous Ocean City boardwalk.