Residential Income Property with Modern
For Sale
$489,000
5 PARK PLACE Unit 725, Annapolis, MD 21401
The 792-square-foot residence includes hardwood floors, stainless steel appliances, and in-unit laundry.
Property Size792 SF
Price / SF$617.42
Days on Market218
Property Features for 5 PARK PLACE Unit 725
General Information
Standard status
Active
Size
792 SF
Property subtype
Penthouse Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,088
Amenities
in-unit laundry
Building Details
Building Size
792 SF
Year Built
2007
Listing Agency:
Compass
Listed By:
Megan Koppe · License #0652721
(301) 367-2621
Source:
Chesapeakerealestateassociates
Added: Mar 27
Changed: Oct 26
Last Checked: Oct 26 at 3:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This 792-square-foot residence has an open living and dining area connected to a modern kitchen. Hardwood flooring, stainless steel appliances, in-unit laundry, storage, and large windows are among the interior features. The building dates to 2007.
The property is in Annapolis, near restaurants, City Dock, the Naval Academy, Main Street, waterfront events, and shopping. Routes 50 and 97 provide regional access, with Baltimore and BWI Airport, Fort Meade, and the Eastern Shore also referenced as reachable destinations.
The property is in Annapolis, near restaurants, City Dock, the Naval Academy, Main Street, waterfront events, and shopping. Routes 50 and 97 provide regional access, with Baltimore and BWI Airport, Fort Meade, and the Eastern Shore also referenced as reachable destinations.
Key Highlights
- 792‑square‑foot residential unit
- Open living and dining areas adjoining a modern kitchen
- Hardwood floors, stainless steel appliances, and in‑unit laundry
Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,637
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The 792-square-foot residence includes hardwood floors, stainless steel appliances, and in-unit laundry.
Where is this residential income property located?
The property is located at 5 PARK PLACE Unit 725 Annapolis, MD.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 792‑square‑foot residential unit; Open living and dining areas adjoining a modern kitchen; Hardwood floors, stainless steel appliances, and in‑unit laundry
