Beautifully updated 3-bedroom, 2-bathroom condo in the highly desirable Island Cabana building - located just steps from the beach in midtown Ocean City. This fully furnished, turn-key unit features tasteful, high-end furnishings and modern finishes throughout. The open-concept layout includes bamboo flooring, a spacious living area with new gas fireplace, and a well-equipped kitchen ideal for entertaining or relaxing after a day at the beach. Enjoy the convenience of two garage parking spaces, a secured elevator, outdoor pool, indoor storage locker, and an outdoor shower for easy beach clean-up. Currently a high-performing Airbnb, this unit has produced over $43,000 in rental income in 2025, with three prime summer weeks reserved for owner use-a rare and valuable opportunity for both personal enjoyment and investment. Whether you're looking for a luxury beach retreat or a strong income-producing property, Island Cabana #103 delivers on every level.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Entry Level Bedroom
- Crown Moldings
- Sprinkler System
- Window Treatments
- Ceiling Fan(s)
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Oven/Range - Electric
- Refrigerator
- Washer
- Washer Dryer Hookup: Yes
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Heat Pump(s)
- Heating: Yes
Garage and Parking
- Off Street Parking: 2
- Parking Features: Under Home Parking, Handicap Parking, Off Street
- Parking Total: 2
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 870
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 870
- Pet Description: Case by Case Basis
- Senior Community: No
School Information
- Elementary School: OCEAN CITY
- High School: STEPHEN DECATUR
- Middle School: STEPHEN DECATUR
- School District: WORCESTER COUNTY PUBLIC SCHOOLS
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 5255
- Source Listing Status: Active
- County: WORCESTER
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: NONE AVAILABLE
- Postal Code Plus 4: 2765
- Subdivision: NONE AVAILABLE
- Township: Ocean City
Building and Construction
- Total Square Feet Living: 1301
- Year Built: 2001
- Above Grade Finished Area: 1301
- BelowGradeFinishedArea: 0
- Building Name: Island Cabana
- Construction Materials: Masonry, Dryvit, Stick Built
- Levels: 1
- Property Age: 24
- Levels or Stories: 1
- Structure Type: Unit/Flat/Apartment
- Total Area Sqft: 1301
- Architectural Style: Unit/Flat