304 15th St, Ocean City, MD 21842

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

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List Price
$1,199,900
Price Change
▼ $50,000 1776299436
Days on Market
130
Status
ACTIVE
MLS#
MDWO2037052
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,532
Lot Size (Acres)
0.13
Year Built
1956
County
Worcester
Subdivision
Neptune Development

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

Area
Bayside Waterfront (84)
Annual Tax Amount
$9,351
Ownership Interest
Fee Simple
Stories
2
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
Flooring
Ceramic Tile, Carpet, Hardwood, Luxury Vinyl Plank
Garage Spaces
1
Exterior Features
Gutter System, Secure Storage, BBQ Grill, Exterior Lighting, Flood Lights
Dock Type
Pier (Perpendicular), Multiple Slip, Private
View
Canal
Heating
Heat Pump(s)
Cooling
Central A/C, Wall Unit
Roof
Architectural Shingle
Utilities
Propane, Cable TV, Natural Gas Available
Water
Public
Sewer
Public Sewer

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Please consult a financial professional.
Calculator source: Real Geeks

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