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Two-Bedroom Residential Income Property
For Sale
$564,900

5 PARK PL #414, Annapolis, MD 21401

ANNAPOLIS, MD

Property Size1,056 SF
Price / SF$534.94
Days on Market20

Property Features for 5 PARK PL #414

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision PARK PLACE
Elementary school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Middle school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
High school district ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

outdoor pool
gym
party room
dog park
outdoor patio with grills
24-hour security
underground garage parking

Building Details

Year built 2007
Listing Agency: Annapolis Fine Homes
Listed By: Elizabeth A Heinsohn
Added: Aug 8 Changed: Aug 23 Last Checked: Aug 27 at 1:06PM
MLS# MDAA2153720

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 5 Park Pl #414 in Annapolis, this residential income property is a 2-bedroom, 2-bathroom condominium residence in a mid-rise building completed in 2007. The 1,056-square-foot interior includes stainless steel appliances, a built-in microwave, gas oven/range, and dishwasher.

Park Place provides a range of shared amenities, including an outdoor pool, gym, party room, dog park, and patio with grills. Residents also have 24-hour security and reserved parking in an underground garage. Association services include trash removal, snow removal, gas, water, and sewer. The property is near local shops and dining in Annapolis, with a postal code of 21401.

Key Highlights

  • 2‑bedroom, 2‑bathroom condominium residence
  • 1,056 sq. ft. layout in a building completed in 2007
  • Stainless steel appliances with built‑in microwave, gas oven/range, and dishwasher

Property Analytics

Current Use

The Residence at Park Place ... Condominium Complex Douglas Commercial LLC Real Estate Agency Crofton Auction Services Trade Show Venue Park Place Condominium Complex B&O bike trails Bicycle Rack

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Locksmith Florist Barber Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,433
Businesses Nearby

Demographics for 21401, MD

39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Condominium residence with secure parking, fitness and recreation amenities, and convenient access to Annapolis shops and dining.
Where is this residential income property located?
The property is located at 5 PARK PL #414 Annapolis, MD.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom condominium residence; 1,056 sq. ft. layout in a building completed in 2007; Stainless steel appliances with built‑in microwave, gas oven/range, and dishwasher
More about this property
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