304 15th St, Ocean City, MD 21842

$1,199,900
5
BD
4
BA
2,532
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,199,900
Status
ACTIVE
Days on Market
132
Price Change
▼ $50,000 1776299436
MLS#
MDWO2037052
Style
Cape Cod
Year Built
1956
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,532
Lot Size
5,662
Acres
0.13
Subdivision
Neptune Development
Neighborhood
Neptune Development
MLS Area Major
Bayside Waterfront (84)

Property Description

Rare opportunity to own a direct bayside waterfront 2-unit property in Downtown Ocean City, just blocks from the beach, boardwalk, dining, and attractions. The property features two separate units: a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, offering flexibility for multi-generational living, extended family use, personal enjoyment, or rental income. There may also be potential for additional living space or rental income through the detached garage, pending zoning and other applicable approvals. Both units feature remodeled kitchens with granite countertops, custom cabinetry, tile backsplashes, and separate washers and dryers. Enjoy beautiful canal and bay views from the sunroom, balcony, and large waterfront composite deck. Additional highlights include 2 private boat slips, outdoor space for entertaining, and a detached garage for storage of all your beach and boating gear. With approximately $110,000 in annual rental income over the past two years, this is a rare waterfront opportunity with exceptional versatility.

Additional Information

Interior Features
Entry Level Bedroom, Dining Area, 2nd Kitchen, Carpet, Ceiling Fan(s), Window Treatments, Other, Attic, Chair Railings, Crown Moldings, Kitchen - Table Space, Pantry, Recessed Lighting, Upgraded Countertops
Exterior Features
Gutter System, Secure Storage, BBQ Grill, Exterior Lighting, Flood Lights
Taxes
$9,351
Property Description
Cape Cod
Zoning
R-2
Flooring
Ceramic Tile, Carpet, Hardwood, Luxury Vinyl Plank
Appliances
Dishwasher, Refrigerator, Stove, Microwave, Washer, Dryer
Heating
Heat Pump(s)
Air Conditioning
Central A/C, Wall Unit
Stories
2
Levels
2
Roof
Architectural Shingle
Foundation
Block, Crawl Space
Parking
Private, Concrete Driveway
Garage Spaces
1
Garage Features
Additional Storage Area, Garage - Side Entry
School District
Worcester County Public Schools
Elementary School
Ocean City
Middle School
Stephen Decatur
High School
Stephen Decatur
View
Canal

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ERA Martin Associates, Shamrock Division. Contact: 4106415000