Description
HUGE PRICE IMPROVEMENT!!! 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 brand new washers and dryers in 2026. Both units have BRAND NEW HVAC systems as of August 2026. 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.
Details
| MLS # | MDWO2037052 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Building Name | NONE AVAILABLE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1956 |
| Days On Site | 213 |
| Listing Provided By | ERA Martin Associates, Shamrock Division | Brittani Phillips |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,532 |
| Garage | 1 |
| Story(s) | 2 |
| Zoning | R-2 |
| Acreage | 0.13 |
| Water Front | Yes |
| Property View | Canal |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | Central A/C, Wall Unit |
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
| 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 |
| Furnished | Yes |
| Appliances | Dishwasher, Refrigerator, Stove, Microwave, Washer, Dryer |
Exterior
| Exterior Features | Gutter System, Secure Storage, BBQ Grill, Exterior Lighting, Flood Lights |
|---|---|
| Roof | Architectural Shingle |
| Security Features | Exterior Cameras, Smoke Detector |
| Construction Materials | Block, Stick Built, Frame |
| Foundation Details | Block, Crawl Space |
| Lot Features | Bulkheaded, Other, Fishing Available |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private, Concrete Driveway |
Utilities
| Utilities | Propane, Cable TV, Natural Gas Available |
|---|
Taxes
| Tax Annual Amount | 9351 |
|---|
Area Information
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Bayside Waterfront (84) |
| Community Name | NEPTUNE DEVELOPMENT |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
| Elementary School | OCEAN CITY |
| High School | STEPHEN DECATUR |
| Listing VS Median (in NEPTUNE DEVELOPMENT) | |
Price: $1,099,900 low | high Med: $1,099,900 sqft: 2,532 low | high Med: 2,532 $ / sqft: $434 low | high Med: $434 On site: 213 low | high Med: 197.5 | |
Market Activity 21842
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Learn More About This Property
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Bayside Waterfront (84) |
| Community Name | NEPTUNE DEVELOPMENT |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
| Elementary School | OCEAN CITY |
| High School | STEPHEN DECATUR |
| Listing VS Median (in NEPTUNE DEVELOPMENT) | |
Price: $1,099,900 low | high Med: $1,099,900 sqft: 2,532 low | high Med: 2,532 $ / sqft: $434 low | high Med: $434 On site: 213 low | high Med: 197.5 | |
