$ 1,199,900
-
$1,199,900
Price -
5
Bed -
4
Bath -
2,532
SqFt
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About the Listing 107SRG - 3256091
Exceptional opportunity to own a waterfront 2-unit property in the heart of Ocean City with 2 private boat slips and strong appeal for investors, second-home buyers, or those seeking flexible multi-generational use. Comprised of a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, this renovated R-2 property offers versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. In addition to the 2 private boat slips, highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, private garage, and extensive recent improvements. A private deck on the lower unit overlooks the water and fenced-in yard. Inside, both kitchens have been recently renovated, along with new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table. Located within walking distance to the beach, boardwalk, dining, shopping, and entertainment, this is a rare chance to market a true multi-family waterfront asset in a prime Ocean City location. With over $110,000 rental income, this is a rare chance to own a versatile waterfront property in with built-in flexibility and long-term value.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
MDWO2037804
Year Built
1956
Total Square Footage
2,532
Lot/Acreage
0.13
County
Worcester
Building Name
NONE AVAILABLE
Neighborhood
Neptune Development
School District
Worcester County Public Schools
Elementary School
Ocean City
Middle School
Stephen Decatur
High School
Stephen Decatur
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
- Air Cond: Central A/C,Wall Unit
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Hardwood,Luxury Vinyl Plank
- Above Ground Sq Ft: 2532
- Below Ground Sq Ft: n/a
- Basement:
- Other: 2nd Kitchen,Attic,Carpet,Ceiling Fan(s),Chair Railings,Crown Moldings,Dining Area,Entry Level Bedroom,Kitchen - Table Space,Pantry,Recessed Lighting,Upgraded Countertops,Window Treatments
- Water: Public
Exterior Details
- Lot Description: Bulkheaded,Fishing Available,Not New Construction,Horse Property: No,Waterfront,In City Limits
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R-2
- Roof: Architectural Shingle
- Others: BBQ Grill,Exterior Lighting,Flood Lights,Gutter System,Secure Storage,Very Good
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Private,Additional Storage Area,Garage - Side Entry,Detached Garage,Driveway,Off Street,On Street,1+ Spaces
Financial Details
- Tax Amount: $9,351
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
304 15th St Ocean City, MD 21842
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