13 Saint Louis Ave, Ocean City, MD 21842

$4,200,000

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List Price
$4,200,000
Status
ACTIVE
Days on Market
68
MLS#
MDWO2038176
Lot Size
34,848
Acres
0.80
MLS Area Major
Bayside Waterfront (84)

Property Description

It would be difficult to find a better location in town for your next project! Located directly north of the Cambria Hotel in downtown Ocean City, this lot offers an ideal location with visibility from the Rt 50 bridge, as well close proximity to the boardwalk, dining, entertainment and more - not to mention the panoramic bay views. 'By-Right', can build 27 unit residential project, with public water and sewer and on-site parking available. Deed restriction in place that prohibits the property from being used for a hotel, motel, resort, extended stay or a business use that would compete with the Cambria Hotel located on Parcel A. Reach out to the listing agent for further details!

Additional Information

Taxes
$362,696
Zoning
I-1
School District
Worcester County Public Schools
View
Bay, Panoramic

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact: 4438562211