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$4,000,000
12 61st St 7, Ocean City, MD 21842
10 Beds
0 Baths
14,380 SqFt

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Listing Provided By Sea Grace @ North Beach Realtors
10 Condos ocean block * Units 1-6 are 3 Bedrooms 1.5 Baths(756 sq ft) each with an Open Deck * Views of Ocean * Units 7-10 are 3 Bedrooms 2 Bath (1156 sq ft) each with a Private Deck * Walk to Beach * 10 Car parking under building * Outside Shower * All Condos have Central A/C and Heat * Updated Kitchens and Baths * Condo Docs on record * Great Midtown Location * This is a spectacular opportunity... Currently all 10 are rented yearly... Options: keep 1 for yourself, sell the others individually... Maximize your rental potential Rent Weekly...Graduating Seniors $2600/week 4 weeks = $104,000 just for June Numerous possibilities!
  • Price:
  • $4,000,000
  • Bedrooms:
  • 10
  • Square Footage:
  • 14,380
  • Acreage:
  • 0.14
  • Year Built:
  • 1986
  • Listing ID #:
  • 1001559398
  • Street Address:
  • 12 61st St 7
  • City:
  • Ocean City
  • State:
  • Maryland
  • Postal Code:
  • 21842
  • County:
  • Worcester
  • Community:
  • Ocean Block (82)
  • Subdivision:
  • None Available
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
School District: Worcester County Public Schools
5
out of 5

Ocean City Elementary School
Public
School Grade Level PRESCHOOL-4
School Students 600 students
School Teachers 14 student/
teacher
5
out of 5

Stephen Decatur Middle School
Public
School Grade Level 7-8
School Students 657 students
School Teachers 12 student/
teacher
4
out of 5

Stephen Decatur High School
Public
School Grade Level 9-12
School Students 1376 students
School Teachers 16 student/
teacher
  • Ease Of Access:
  • Doors - Swing In
  • Features:
  • Refrigerator(s), Refrigerator(s), Oven/Range(s)
  • Finished Above Ground Square Footage:
  • 14380
  • Finished Square Feet:
  • 14380
  • Flooring:
  • Carpet, Tile/Brick
  • Foundation:
  • Block, Pilings
  • Interior Features:
  • Entry Level Bedroom, Window Treatments
  • Number Of 3 Bedroom Units:
  • 10
  • Number Of Units:
  • 1
  • Other Buildings:
  • Above Grade
  • Square Footage Source:
  • Estimated
  • Total Building Square Footage:
  • 14380
  • View:
  • Ocean, Water
  • Year Built:
  • 1986
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Estimated
  • Conforms To Zoning:
  • 3
  • Federal Flood Insurance Available:
  • Yes
  • Lot Features:
  • Cleared
  • Lot Square Footage:
  • 40000.00
  • Zoning Description:
  • R3, Multifamily
  • Days On Market:
  • 1810
  • On Market Date:
  • 2022-09-15
  • Originating Mls:
  • Car
  • Special Conditions Of Sale:
  • Standard
  • Building Name:
  • Starship
  • In City Limits:
  • Yes
  • Street Type:
  • Street
  • Subdivision:
  • None Available
  • Tax Municipality:
  • Ocean City
  • City Taxes:
  • 726.00
  • Condo Owners Association Fee Y/N:
  • Yes
  • County Taxes:
  • 1357.00
  • Owner Pays:
  • Insurance, Lawn/Shrub Care, Snow Removal, Trash Collection
  • Price Per Square Foot:
  • 278.16
  • Property Taxes:
  • $2,264
  • Tax Year:
  • 2023
  • Tenant Pays:
  • Other, Utilities - All, Cable Tv, Electricity, Sewer, Trash Removal, Water
  • Parking Type:
  • Parking Lot, Off Street
  • Pool Description:
  • No Pool
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Electricity:
  • Circuit Breakers
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Electric
  • Water View:
  • Yes
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Sea Grace @ North Beach Realtors
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