Status: Closed
MLS#: MDWO115868
Type: Residential - Condo
Other HOA/Condo Fee: $733 Monthly
Subdivision: None Available
County: WORCESTER
Forget Location, Location, Location. Princess Royale 2 Bedroom Condo 1002 has the best Location Plus: Amenities, High Year-Round Rentals, and Management! Now priced to sell. Location: Ocean Front in the heart of Mid-Town Ocean City. Wide sandy beach. Easy walk to 10 restaurants in addition to on-site award winning Schooners, shopping, Art League classes, tennis, and playground. Amenities: Largest indoor pool in OC, Hot Tub, Saunas, Ocean Front dining and tiki bar with live entertainment, Room Service, Creative Day Spa, Convenience Store, Gift Shop, Fitness Room, Game Room, 24 hr Front Desk and Security, Assigned Garage Parking, Bell Service, Cafe on the Green, Banquet and Wedding Venues, Beach Chair and Umbrella Service, Fiber Wi-Fi, daily or weekly Housekeeping Services, Grocery Delivery Service, and Supervised Children's Activities. Highest Year-Round Rentals: $73,000 Gross last year! Was on track for bigger numbers this year. Now renting for over $1,000 per night on peak nights this summer. Princess Royale has a huge off-season group base with over 30,000 sq ft of Meeting Space and 1002 is the top choice of VIP's and Group Leaders staying in town. Management: Year-Round, Local, Innovative Hospitality Professionals. Many Key Members have been with the Princess Royale for over 25 years delivering the very best vacation and meeting experiences. Consistently Top Ranked on Trip Advisor - see the Independent Reviews! A very rare opportunity, as the last 2 bedroom condo at the Princess Royale sold over 5 years ago. Unsurpassed rental income with the ability to enjoy this penthouse Condo with your family and friends at your request. Fieldstone handmade cabinetry, Stainless GE Profile and Kitchenaid Appliances, New HVAC in 2019, Tommy Bahama Bedding, and Miles Talbot Furniture. A very unique opportunity, nothing else like it in Ocean City.