The median home value in Ocean City, MD is $277,000.
the county median home value of $232,500.
The national median home value is $231,815.
The average price of homes sold in Ocean City, MD is $277,000.
Approximately 12% of Ocean City homes are owned,
compared to 5% rented, while
82% are vacant.
Ocean City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Ocean City real estate agent to arrange a tour
today! Learn more about Ocean City Real Estate.
Welcome to your next opportunity in the Ocean City, MD opportunity zone at the Somerset Harbor property boosting 55 land use options with this DMX zoned land and units. The existing 3 buildings features 2x two bedroom, 1 bathroom units making up 6 units, and confirms with 6 units redevelopment options set to improve the area. Currently, 3 units are rented as a AirBnb vacation rental and 3 as employee/student summer housing. Each unit has been moderately updated, and is already income producing. DMX zoning allows for 55 land use redevelopment options such as a new condo building, single family home(s), hotel/motel, commercial, mixed-use, retail stores, the list goes on.... Inquire for Land-Use Resources.
Ocean block opportunity is knocking! Don't miss your chance to OWN THIS ENTIRE MIXED USE BUILDING. The building is located in mid town Ocean City oceanside. The building was previously used as office space but presently there are three units each with their own entrance. The first floor unit has 4BR/1.5BA, kitchen, washer and dryer. The second floor unit has 4BR/2BA. The third floor is an open area with a kitchen and a bathroom. Recent improvements include a 40 year roof, new windows, sprinkler system, outside storage, outdoor shower and tile floors throughout. This location is a prime visible spot and has signage on Coastal Highway. There are 9 parking spaces. ( The zoning is R-3, 4,770 sq ft. )
This free standing 2 story concrete block building in the heart of downtown Ocean City is steps from the boardwalk. The property is in a flexible zoning overlay district that allows a variety of uses, it is fully sprinklered, has a new roof and HVAC system and a number of ingress and egress points to accommodate a multitude of uses. The property is also in an Opportunity Zone and within the Ocean City Development Corporation (OCDC) area, which offers a wide range of programs, including facade improvement program, green building initiatives program and business assistance program.
Prime downtown location a few blocks from the Boardwalk & Ocean City's famous beach. Two 3-Bedroom/2-Bath & two 2-Bedroom/1-Bath furnished units. There is also a 2 Bedroom 2 bath owners suite boasting living room with fireplace, dining room , Office to manage rental business, laundry room & additional storage rooms. Large front deck w/handicap accessibility. HVAC unit 1 year new. Call for more info.
High visibility on Baltimore Ave. in more recently built property (2007). Sale includes 203 and 205 S Baltimore Ave. Units A & B. 205 Tax id #10-767601. Property is located between Talbot Street and Dorchester Streets directly across from St. Mary's Church. These units are part of Board Edge Villas condominium association. Quarterly dues are $2580. These units had been used as a coffee shop. Professional coffee equipment included in sale. Building has sprinklers, wood floors & decorative exposed brick wall. There are 2 bathrooms. 207 S Baltimore Ave is also available for $185,000.
High visibility on Baltimore Ave. in more recently built property (2007). This unit could be purchased along with MLS# MDWO114246. Property is located between Talbot Street and Dorchester Streets directly across from St. Mary's Church. These units are part of Board Edge Villas condominium association. Quarterly dues are $1290. Space is currently vacant. This unit has 1 bathroom.
Leo's Subs & Seafood Restaurant - Real Estate and all restaurant equipment and furniture. Inside seating capacity 61 and outside carry-out seating for 56. Class B license for on and off sale beer and wine. 9 dedicated parking spaces with option to lease or purchase additional parking lot. Owner retiring after 40+ successful years.Located at the lighted intersection of 139th Street & Coastal Highway just 1 block from the ocean. Ocean City has more than 25,000 condominiums and 10,000 hotel rooms with over 8 million visitors each year.
This Package consist of a total of 5 lots with a 3 bedroom 2 bath 2032 Sq Ft home on the Left Side of the Property with a 1 bedroom cottage just to the rear of the home. Two other mobile homes are on the property that are of no value, but the septic systems were functional when last used many years ago. This is the perfect opportunity for growth and expansion and the home is move in ready with updated windows and split unit HVAC.
Downtown Commercial Property located just off the Boardwalk with heavy traffic and pedestrian traffic from May through September. This L Shaped property faces South Division Street, Baltimore Ave and Worcester Street.
Office space available on Ocean Gateway. Access from Ocean Gateway or 83rd Street, Private Parking Lot, 3310 +/- SF two unit office building. Downstairs unit is currently occupied by seller. Upstairs unit is 1217 +/- SF featuring a Living Room, bedroom, kitchenette, bathroom and is fully furnished. Downstairs unit is 2093 +/- SF featuring receptionist area, conference room, 2 separate offices, file room, kitchen, and bathroom. Possible seller leaseback on part of the space.
4728 +/- SF building with upstairs apartment located on 58th street in Ocean City, MD. Currently leased to Consolidated Electric Distributors for 5 years with a 5 year option to renew with 3% annual rent increases through out initial and optional term. Annual expenses total approximately $8,000.
Two Buildings with 7 units located within short walking distance to Boardwalk and Beach. Four 2 bedroom 1 bath units. One 5 bedroom 3 bath unit. One 1 bedroom 1 bath unit and One Efficiency. Roof 3 years old. Turn Key. Great Gross Rental Income Property. Strong Investment Opportunity.Call for details.
New Price-SUPER WEST OCEAN BUSINESS/INDUSTRAIL PARK UNIT APPROX 1200 SQ.FT. WITH MULTIPLE USES,OFFICE,WAREHOUSE,STORAGE,POSSIBLE RETAIL:CURRENTLY OFFICE-RECEPTION AREA-CONFERENCE ROOM-TWO OFFICES,STORAGE-FULL BATH CONDO FEE $105 PER MONTH
Great Business opportunity located in West Ocean City. Large Showroom with Large Work shop in the back. 1/2 Bath on first floor. Office upstairs with full bath. Property is located off main hwy into Ocean City. front and rear entry doors. Condo fees are 250 per month +/-. Property sold in As Is Condition .
Prime Route 50 Highway Location! Large commercial condominium unit opportunity includes Kitchen area plus 1.5 Baths. Second Level offers additional space. Ceramic Tile & Laminate Wood floors. Carpet on 2nd Level.
Restaurant opportunity in West Ocean City to own thriving business with the best location. The establishment offers a dine-in seating area, carry out, delivery service & established online website. Included as part of the sale is all restaurant equipment, seating area & decor. This is priced aggressively for a new owner and or owner-operators to profit.
This is an incredible investment opportunity to help your buyer acquire a property with a 7% return. Located in downtown Ocean City, this is a mainstay of the town. The front three units are triple net.
Don't miss this opportunity * Downtown and only 1.25 blocks to the BEACH and BOARDWALK * Renovated and a money maker * 4 Bedrooms 2.5 Baths and an office equipped with computer and phone lines. Currently, the entire house is being rented however there is a door between levels to rent only part of the house while you live in the other part. Purchase both the Stonehaven House and The Stonehaven Apartments... plenty of parking and a private courtyard *
Extraordinary find * Do you have what it takes to run your own business at the beach? 8 apartments each with 2 bedrooms 1 bath, kitchen, living room/dining room combo 1.25 blocks to the BEACH AND BOARDWALK with excellent rental history. Run this property like a hotel, nightly, weekly, winter seasonally. Property conveys as turn key. This property is being sold together with the Stonehaven House which features 4 Bedrooms 2.5 Baths, Kitchen, Living area, and an Office. (Sleeps 16). Tax ID # 10-039193
Private Virtual Tours available! Call or Text Peck to Schedule your Covid-19 Compliant In Person Property Tour or Live Virtual Tour. Great location! Endless possibilities! Professional Office Space. Retail. Loads of space.
LC1 Zoning!!! Property in Ocean City, Md is scarce. Incredible Developer opportunity and potential. Fabulous mid-town location. Bay views and a short walk to the beach. Several of the Cottages are rented / occupied. Property as shown currently produces $47,000.00+ annual income. Interior of cottages cannot be shown at this time. Property approved for 20+, 2 car garage town homes, or a 40 unit condo/hotel building. Do a walk around. Lot 200 ft X 120 ft. Approximately 24,000 sq. ft. Tax accounts 10-086906 & 10-431077 are included in the offering. Additional connecting lots may be available. All existing structures are sold as-is.
Downtown upscale Nail Salon located in Bel Mare building. Could possibly be used as a hair salon or barber shop. Large front porch with views of the Marina, Front Desk Reception Area, Fifteen Pedicure Stations, each with water. Eight Manicure Stations, Drying area with 6 Stools. Three Storage areas, Restroom, and Utility Room with rear exit. Private Office Room 11x8 with ceramic tile. Chair Rails, Crown Molding, Track & Pendant Lighting, 2 chandeliers, granite countertops. Excellent Opportunity to Buy or Possibly Lease! Inventory available for $130,000. Bus Stop and 2 Municipal Parking Lots adjacent to the Building.
LOCATION LOCATION LOCATION! Great Re-Development potential for this already income producing property. Three deeded Oceanblock lots totally 16000 sq ft./.36 +/- Acres. Close proximity to the beach, many great restaurants and tons of entertainment. Great site for condo building or hotel. Call listing agent for more details!
3.3AC.consisting of 4 parcels.Approx 250'frontage on Rt 611.Has 4 cottages,which have had extensive renovations. 5 EDUs convey.Survey and wetlands delineation on hand.Existing renatals.Sketch plan showing proposed 12000sq ft of retail and 20000sq ft of contractors shops.Amount for property taxes are for all 4 parcels.Owner financing possible.