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Ocean City Maryland Real Estate Properties


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

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

Listing Agent:
Listing Broker: 1ST CHOICE PROPERTIES LLC

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

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

Listing Agent:
Listing Broker: Coastal Life Realty Group

MLS Number: MDWO114892
8 INLET ISLE LANE, OCEAN CITY, Maryland
Waterfront: Bay Pool: Yes - Personal
5 Bedrooms, 4 Baths, 0 Half Baths


Priced to sell: $3,499,000

Listing Agent:
Listing Broker: Coldwell Banker Residential-120

MLS Number: 1001559398
Other
12 61ST STREET, OCEAN CITY, Maryland
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

Listing Agent:
Listing Broker: Sea Grace at N Beach Realtors

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

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

Listing Agent:
Listing Broker: Coldwell Banker Residential - 64

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

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. Note...total land area that is for sale(buildings and vacant land) is 21,000 Sq. ft+-
Priced to sell: $2,795,000

Listing Agent:
Listing Broker: Coldwell Banker Residential-120

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

Seller anxious, willing to take a minimum of $50k off if the buyer can settle before August 31, 2020. All reasonable offers will be considered. This property has amazing winter income potential. Earn money year-round with this business! Just ask us how! Owning an oceanfront apartment building allows you to own 5 units while paying zero condo association fees. Not having five condo fees will save any investor a fortune.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: $2,650,000

Listing Agent:
Listing Broker: Thur & Associates

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

Seller anxious, willing to take a minimum of $50k off if the buyer can settle before August 31, 2020. All reasonable offers will be considered. This property has amazing winter income potential. Earn money year-round with this business! Just ask us how! Owning an oceanfront apartment building allows you to own 5 units while paying zero condo association fees. Not having five condo fees will save any investor a fortune.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: $2,650,000

Listing Agent:
Listing Broker: Thur & Associates

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

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

Listing Agent:
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: MDWO114194
2 48TH STREET, OCEAN CITY, Maryland
Waterfront: Ocean Pool: Yes - Community
7 Bedrooms, 6 Baths, 0 Half Baths

History in the making! This is the largest Gateway Grand residence to ever become available for sale. This Direct Oceanfront 7 Bedroom 6 Bathroom residence boasts over 4000 square feet of indoor living space and 561 square feet of outdoor living space divided over 3 separate balconies. If entertaining at the beach is your goal, you will love this floorplan including 2 full kitchens, 2 dining areas, and 2 living rooms. Located on the Southeast corner of the building you and your guests will enjoy panoramic views of the Ocean, City, and Bay. Delivering designer furnished with nearly all new furniture and decor. Owner upgrades are extensive including a professionally installed home automation system controlling lighting, 3-zone heating and cooling systems, and all audio/visual equipment. Hunter Douglas electric shades are installed on every window and slider throughout this home. Custom window treatments frame the scenic views from nearly every window. Security cameras are also installed throughout the home to provide piece of mind. This residence shows like a new model thanks to the current owners recently replacing all of the carpet and having it custom painted. Do not miss your opportunity to own a stunning luxury beach residence! Details on additional upgrades are attached to this listing for your convenience. Owner is offering a 1-year membership to the Carefree Boat Club with purchase. 2 deeded ground level storage lockers 69 and 86 included with sale.
Priced to sell: $2,400,000

Listing Agent:
Listing Broker: Keller Williams Realty Delmarva
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