Ocean City Real Estate Properties


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MLS Number: MDWO110366
Five Or More Units
1601 PHILADELPHIA AVENUE, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

This is an incredible investment opportunity to help your buyer acquire a property with a 7% return. Located in downtown Ocean City, this is a mainstay of the town. The front three units are triple net.
Priced to sell: $3,800,000


MLS Number: 1001558698
Services
207 N BALTIMORE AVENUE, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Unique opportunity to own a 36 room boutique motel in downtown Ocean City! Plenty of offstreet parking and an existing office on premises.Just one block from the beach and the World Famous Ocean City Boardwalk. Nestled between 2nd and 3rd streets, you are steps from the optimal Ocean City experience in every direction! Dining, entertainment, amusement parks, shopping and of course the Atlantic Ocean! Call listing agent for more details and listing agent must accompany all showings. Take advantage of the tax breaks this property has as it is located in The Opportunity Zone District.
Priced to sell: $3,600,000


MLS Number: 1001559398
Other
12 61ST STREET, OCEAN CITY, MD
Pool: No Pool
0 Bedrooms, 0 Baths, 0 Half Baths

10 Condos ocean block * Units 1-6 are 3 Bedrooms 1.5 Baths(756 sq ft) each with an Open Deck * Views of Ocean * Units 7-10 are 3 Bedrooms 2 Bath (1156 sq ft) each with a Private Deck * Walk to Beach * 10 Car parking under building * Outside Shower * All Condos have Central A/C and Heat * Updated Kitchens and Baths * Condo Docs on record * Great Midtown Location * This is a spectacular opportunity... Currently all 10 are rented yearly... Options: keep 1 for yourself, sell the others individually... Maximize your rental potential Rent Weekly...Graduating Seniors $2600/week 4 weeks = $104,000 just for June Numerous possibilities!
Priced to sell: $3,250,000


MLS Number: 1001559228
Retail
7605 COASTAL HIGHWAY, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Private Virtual Tours available! Call or Text Peck to Schedule your Covid-19 Compliant In Person Property Tour or a Live Virtual Tour. Large 8170 SF Retail Space with Great Coastal Highway frontage at 77th St Mid-town. Abundant parking with access from Coastal Hwy and traffic light intersection to 77th St. Rear loading dock and additional parking. 20,875 SF Lot.
Priced to sell: $3,200,000


MLS Number: 1001559034
Other
500 S BALTIMORE AVENUE, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Redevelopment parcel. Almost 1/2 acre between Wicomico St & Worcester St on Baltimore Ave.1 block to boardwalk
Priced to sell: $3,195,000


MLS Number: MDWO113008
1215 ATLANTIC AVENUE, OCEAN CITY, MD
Waterfront: Ocean Pool: No Pool
15 Bedrooms, 8 Baths, 0 Half Baths

This is a rare opportunity to own your lot and building on Ocean's City's famous boardwalk. Large oceanfront lot on the boardwalk. 7,100 sq.ft lot. 6,000 Sq. Ft. of total interior space. This property boasts a rich rental history, with 5 separate apartments, all with the charm of Ocean City, including massive high ceilinged rooms, huge fireplaces, built-ins, fine woodwork, and well-built finishes. 5 units with a total of 15 bedrooms, 8 bathrooms & 5 kitchens. The apartments include 2 oceanfront 4 bedroom/2 bath massive units with oversized great rooms and dining rooms. 1 ground level 4 bedroom/2 bath walkout level with private patio, 1 2-bedroom/1bath lower level with bath 1 one-bedroom carriage house. 8 Parking spaces. Potential gross income of over $225,000 per year for $190,200 of NOI. 95% of the building was remodeled in 1986. Aside from the frame, nothing is more than 35 years old. More recently, over $150,000.00 in renovations have been done over the past seven years.Turnkey business ready to open the day after settlement. Most of the exterior and interior furniture can stay. The seller has a small list of pieces she will be keeping.Seller is willing to work part-time as a property manager for the new owner for free during the first year if needed.Seller also has a highly-skilled maintenance man willing to work at an extremely reduced rate the first year if needed.
Priced to sell: $2,775,000


MLS Number: MDWO113314
Other
1215 ATLANTIC AVENUE, OCEAN CITY, MD
Waterfront: Ocean Pool: No Pool
0 Bedrooms, 0 Baths, 0 Half Baths

This is a rare opportunity to own your lot and building on Ocean's City's famous boardwalk. Large oceanfront lot on the boardwalk. 7,100 sq.ft lot. 6,000 Sq. Ft. of total interior space. This property boasts a rich rental history, with 5 separate apartments, all with the charm of Ocean City, including massive high ceilinged rooms, huge fireplaces, built-ins, fine woodwork, and well-built finishes. 5 units with a total of 15 bedrooms, 8 bathrooms & 5 kitchens. The apartments include 2 oceanfront 4 bedroom/2 bath massive units with oversized great rooms and dining rooms. 1 ground level 4 bedroom/2 bath walkout level with private patio, 1 2-bedroom/1bath lower level with bath 1 one-bedroom carriage house. 8 Parking spaces. Potential gross income of over $225,000 per year for $190,200 of NOI. 95% of the building was remodeled in 1986. Aside from the frame, nothing is more than 35 years old. More recently, over $150,000.00 in renovations have been done over the past seven years.Turnkey business ready to open the day after settlement. Most of the exterior and interior furniture can stay. The seller has a small list of pieces she will be keeping.Seller is willing to work part-time as a property manager for the new owner for free during the first year if needed.Seller also has a highly-skilled maintenance man willing to work at an extremely reduced rate the first year if needed.
Priced to sell: $2,775,000


MLS Number: MDWO107800
Land for Commercial Use
0 GOLF COURSE ROAD, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Approximately 3.4 acres. 46 unit hotel project with Harbor and elevated Ocean Views. 200 feet from marina. All environmental approvals are in place. Property has adequate sewer and water for 46 unit stick frame construction. Density for larger development with post tensions design. The boat ramp is approximately 200 feet from the subject property. Shovel ready project.
Priced to sell: $2,400,000


MLS Number: 1009932584
Other
14 82ND STREET, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

LOCATION LOCATION LOCATION! Great Re-Development potential for this already income producing property. Three deeded Oceanblock lots totally 16000 sq ft./.36 +/- Acres. Close proximity to the beach, many great restaurants and tons of entertainment. Great site for condo building or hotel. Call listing agent for more details!
Priced to sell: $2,200,000


MLS Number: MDWO112062
12938 SUNSET AVENUE, OCEAN CITY, MD
Waterfront: Bay Pool: No Pool
6 Bedrooms, 4 Baths, 2 Half Baths

Rare Opportunity to Own one of the Finest Southern Bay and Ocean Views Homes available in West Ocean City. This Spectacular 6 Bedroom, 6300 Square Foot Coastal Waterfront Masterpiece is Situated on a Deep Water Bulkhead within eyesight of the Atlantic Ocean and Inlet and Will Accommodate Deepwater Dockage for up to an 80' Sport Fishing Yacht. Grand Open Vistas of the Bay, Ocean and Assategue are Truly Stunning and Available from All 3 Levels of this Magnificent Coastal Home. This Wonderful Home Boosts a 4 Car Garage and an Elevator to Service All 3 Levels. The Second Floor is the Main Living Area Offering Commanding Waterfront Views of the Bay, Ocean, Assateague and Commercial Harbor, The Spacious Kitchen has New Stainless Steel Appliances, Butlers Pantry, Abundant Cabinets, Granite Counter Tops, Island and Eat-in Area facing the Open Bay and is a Great Gathering area that Leads out to the Southern Exposed Waterfront Decks, There is also a Formal Dinning Room, Great Room with Vaulted Ceilings, Billiard & Game Room and Super Bay Front Master Suite & Bath as well. Third Floor has another Master Suite With Southern Coastal Views from the rear Large Deck. Additionally, there are 2 more Bedrooms on the 3rd Floor that are serviced by a Jack & Jill Bath. This First Floor has 2 More Bedrooms, a second Kitchen and Living Area and access to Multiple Garages and Rear Covered Waterfront Patio, This Waterfront Home has many unique Features including 2 Huge Laundry Rooms on separate levels, Plenty of Storage Closets, Workshop, 3 Natural Gas Furnaces and One Heat Pump, Gated Driveway for the Ultimate Privacy & Security, There is also a Sound Speaker System throughout Home, Fencing on 3 Sides of the Property with Mature Landscaping and Situated on a Double Lot offering 100 Feet on the Water. A New Vinyl Bulkhead to be installed in March 2020 and New Ground level Vinyl Deck Also to be installed, This Property is Directly Located Across from Sunset Marina the Play Ground for the World Sports Fishing Anglers! The Large Covered Patio is an Amazing Place to Hangout, Watch the Boats Go By, Entertain and View the Sunsets. This One of Kind Property has to be Seen to be Truly Appreciated. Come Down to the Land of Pleasant Living and Enjoy Coastal Living at its Finest.
Priced to sell: $2,150,000

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