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Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1973
Sq.Footage
1,097
Discover a prime investment opportunity or vacation home. in the sought-after Sea Colony East community. This contemporary 2-bedroom, 2-bathroom unit in the Sea Colony Annapolis building offers direct water access, enhancing its appeal for short-term rentals. With a spacious 1,097 sq. ft. layout, this hi-rise apartment is designed for modern living. The property boasts a range of amenities, including indoor and outdoor pools, fitness center, tennis and pickleball courts, and beach access, making it attractive to a wide array of renters. The association fee covers essential services such as cable, water, and maintenance, ensuring low management costs for investors. With a strong rental market and desirable location, this property presents an excellent opportunity for generating consistent returns. Community amenities, and low maintenance makes this unit a smart addition to any investment portfolio. Don't miss out on this chance to capitalize on coastal living! Average rental income is $21,000-$22,000 per year.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Above Grade Finished Area
1097.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
No
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Cement Siding, Concrete
-
Parking
Garage, Parking Lot, Basement, Community Structure
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
-
View
Water, Ocean
Area & Lot
-
Lot Size(acres)
8.19
-
Lot Size(square feet)
356,756
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Contemporary
Price
-
Sales Price
$575,000
-
Tax Amount
$1,151
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,097
-
Price/SqFt
$524
HOA
-
Association
YES
-
Association Fee 2
$862
-
Association Fee
$2,320.52
-
Association Fee Frequency
Quarterly
-
Association Fee 2 Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Elevator Installed
-
Association Amenities
Fitness Center, Meeting Room, Security, Tennis Court(s), Beach Access, Cable TV, Elevator(s)
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Public, Private
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Location
County
SUSSEX
Elementary School
Middle School
High School
Listing Courtesy of DOUGLAS THOMPSON, TANSEY WARNER
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Salesperson, Realtor
Lorene Cannella
Call Lorene today to schedule a private showing.
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