304 15TH ST, Ocean City, MD 21842
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304 15TH ST, Ocean City, MD 21842
304 15TH ST, Ocean City, MD 21842
304 15TH ST, Ocean City, MD 21842
304 15TH ST, Ocean City, MD 21842
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Listed by Brittani Phillips • ERA Martin Associates, Shamrock Division
$ 1,199,900
Est. payment /mo
Active

304 15TH ST Ocean City, MD 21842

2,532 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,532 sqft

Price per Sqft $473

Subdivision Neptune Development

MLS Listing ID MDWO2037804

Style Cape Cod

Abv Grd Liv Area 2,532

Year Built 1956

Annual Tax Amount $9,351

Tax Year 2025

Lot Size 5,663 Sqft

Acres 0.13

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State MD

County Worcester

Area Bayside Waterfront (84)

Zoning R-2

Interior

Interior Features 2nd Kitchen, Attic, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Table Space, Other, Pantry, Recessed Lighting, Upgraded Countertops, Window Treatments

Hot Water Propane

Heating Heat Pump(s)

Cooling Central A/C, Wall Unit

Flooring Carpet, Ceramic Tile, Hardwood, Luxury Vinyl Plank

Equipment Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Furnishings Yes

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Heat Source Electric

Laundry Lower Floor, Upper Floor

Exterior

Exterior Feature Balcony, Deck(s), Enclosed, Porch(es), Screened

Parking Features Additional Storage Area, Garage - Side Entry

Garage Spaces 1.0

Fence Fully, Vinyl

Utilities Available Cable TV, Natural Gas Available, Propane

Waterfront Description Private Dock Site

Water Access Y

Water Access Desc Boat - Powered,Canoe/Kayak,Fishing Allowed,Private Access

View Canal

Roof Type Architectural Shingle

Accessibility None

Porch Balcony, Deck(s), Enclosed, Porch(es), Screened

Total Parking Spaces 1

Garage Y

Building

Lot Description Bulkheaded, Fishing Available, Other

Foundation Block, Crawl Space

Above Ground Finished SqFt 2532

Sewer Public Sewer

Water Public

Architectural Style Cape Cod

Additional Building Above Grade

Structure Type Dry Wall,Wood Walls

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 2410041074

Ownership Fee Simple

SqFt Source 2532

Security Features Exterior Cameras,Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Tonga Turner

Tonga Turner

Agent

+1(240) 435-6869

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304 15TH ST