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Waterfront Residential Income Property
New
For Sale
$799,000

5 PRESIDENT POINT DRIVE Unit A2, Annapolis, MD 21403

One-bedroom condominium with water views, private balconies, and access to extensive community amenities.

Property Size923 SF
Days on Market7

Property Features for 5 PRESIDENT POINT DRIVE Unit A2

General Information

Standard status Active
Size 923 SF
Property subtype Unit/Flat/Apartment

Taxes and HOA fees

Annual Taxes $8,332

Building Details

Building Size 923 SF
Year Built 1975
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Maggie R Richards · License #638896
Source: Bradkappel
Added: Aug 16 Changed: Aug 21 Last Checked: Aug 21 at 11:57AM

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 Berkshire Hathaway HomeServices PenFed Realty

Investment Insights

Based on property information with market context.

This one-bedroom, one-bath condominium at The Point combines waterfront views with a practical residential layout. Hardwood flooring extends through the unit, while the renovated kitchen includes high-end appliances and upgraded countertops. Two private balconies provide outdoor space oriented toward Spa Creek.

Community amenities include a waterfront pool, marina facilities with slips for power and sailboats, tennis and pickleball courts, a clubhouse, and access for kayaking and other water activities. The property also includes assigned ground-floor storage and dedicated bicycle space. Downtown Annapolis and Eastport are within walking distance, providing access to restaurants, shops, marinas, and waterfront activities. Built in 1975, the condominium offers a residential setting with convenient access to the surrounding waterfront districts.

Key Highlights

  • Waterfront condominium with Spa Creek views
  • One bedroom and one bathroom with hardwood floors
  • Two private balconies provide outdoor space

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Pet Grooming Service Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

2,993
Businesses Nearby

Demographics for 21403, MD

31,521
Population
15,479
Households
2
Avg Household Size
42
Median Age
58%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
3,389
Density / Sq Mi
$115,068
Median Household Income
$64,638
Median Earnings
$1,872
Median Rent
$566,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - One-bedroom condominium with water views, private balconies, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 5 PRESIDENT POINT DRIVE Unit A2 Annapolis, MD.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Waterfront condominium with Spa Creek views; One bedroom and one bathroom with hardwood floors; Two private balconies provide outdoor space
More about this property
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