401 ATLANTIC AVE #402

Ocean City, MD 21842

2 Bedroom 2 Bathroom Direct Oceanfront condominium located in the El Capitan. This popular floorplan includes an Oceanfront bedroom with a large private balcony as well as an Oceanfront living room with an additional large balcony. Enjoy Ocean City's famous boardwalk from above in this well maintained property. Upgrades include sliding glass doors leading to both balconies as well as a modernized kitchen and bar. Convenient additional storage can be found in the upstairs bedroom. This property delivers fully furnished including indoor and outdoor furnishings. Not currently in a rental program for 2023, but was an excellent rental in the recent past grossing $49,727.29 in rental income in 2022. El Capitan is professionally managed by Mann Properties and features an outdoor pool, elevator, and off street parking (1 spot unassigned). The location is ideal offering close proximity to not only the boardwalk, but also Sunset Park and several popular shops and restaurants. Schedule an appointment to see this property today! Seller to participate in a 1031 tax deferred exchange at no cost to buyer.