Cape Cod
304 15TH STREET
OCEAN CITY, MD 21842
MLS#: MDWO2037804
$1,199,900
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
2,532
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.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Other, Pantry, Recessed Lighting, Crown Molding
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2532.0
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Wall Unit(s), Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Block, Frame
-
Other Exterior Features
Barbecue, Balcony, Lighting, Rain Gutters, Storage
-
Parking
Concrete, Off Street, On Street, Private, Garage, Driveway, Detached
-
Patio and Porch Features
Deck, Enclosed, Porch, Screened
-
Pool
No
-
Waterfront YN
YES
-
View
Water, Canal
Area & Lot
-
Lot Features
Other, Waterfront
-
Lot Size(acres)
0.13
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Cape Cod
Price
-
Sales Price
$1,199,900
-
Tax Amount
$9,351
-
Sq. Footage
2, 532
-
Price/SqFt
$473
HOA
-
Association
No
School District
-
Elementary School
OCEAN CITY
-
Middle School
STEPHEN DECATUR
-
High School
STEPHEN DECATUR
Property Features
-
Stories
2
-
Association Amenities
Powered Boats Allowed, Boat Slip
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Tax Lot
31
-
Water Source
Public
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Location
County
WORCESTER
Elementary School
OCEAN CITY
Middle School
STEPHEN DECATUR
High School
STEPHEN DECATUR
Listing Courtesy of Brittani Phillips , ERA Martin Associates, Shamrock Division
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