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1003 Atlantic Ave, Ocean City, MD 21842
9 Beds
5 Baths
5,236 sqft

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What an unbelievable opportunity to own a direct oceanfront Historic property directly on the Boardwalk in Downtown Ocean City! INVESTOR ALERT for this unheard of chance to own not just the home with 3 spacious units (1st Floor has a 2 bed/1 bath and 3 bed/2 bath, while 2nd floor has a 4 bed/2 bath,) a full and dry basement formerly used for apartments that is now storage and HUGE porches to take in the views, but also a separately deeded and BUILDABLE lot with 9 parking spaces as well! (TAX ID 10-035694) Strong rental history here with the likelihood to do even better numbers! Ample Boardwalk frontage, outdoor hot and cold shower, located in the Opportunity Zone as well. Now is the time to make an appointment to see!
  • Price:
  • $1,950,000
  • Bedrooms:
  • 9
  • Full Baths:
  • 5
  • Square Footage:
  • 5,236
  • Acreage:
  • 0.11
  • Year Built:
  • 1930
  • Listing ID #:
  • MDWO113106
  • Street Address:
  • 1003 Atlantic Ave
  • City:
  • Ocean City
  • State:
  • Maryland
  • Postal Code:
  • 21842
  • County:
  • Worcester
  • Community:
  • Direct Oceanfront (80)
  • Subdivision:
  • None Available
  • Listing Status:
  • Pending
  • Basement Type:
  • Outside Entrance, Other
  • Dwelling Type:
  • Detached
  • Finished Above Ground Square Footage:
  • 5236
  • Finished Square Feet:
  • 5236
  • Has Basement:
  • Yes
  • Other Buildings:
  • Above Grade, Below Grade
  • Square Footage Source:
  • Assessor
  • Stories:
  • 2
  • Style:
  • Coastal
  • Total Building Square Footage:
  • 5236
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1930
  • Year Built Source:
  • Assessor
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Commercial
  • Lot Square Footage:
  • 4750.00
  • Days On Market:
  • 106
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Cash, Other
  • Building Name:
  • None Available
  • In City Limits:
  • Yes
  • Street Type:
  • Avenue
  • Subdivision:
  • None Available
  • Tax Municipality:
  • Ocean City
  • City Taxes:
  • 27357.55
  • Price Per Square Foot:
  • 372.42
  • Property Taxes:
  • $27,357
  • Tax Year:
  • 2019
  • Full Bathrooms On Main Level:
  • 3.00
  • Full Bathrooms On Upper Level:
  • 2
  • Parking Description:
  • Assigned
  • Parking Type:
  • Alley, Off Street, Parking Lot
  • Pool Description:
  • No Pool
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C
  • Electricity:
  • Circuit Breakers
  • Existing Water:
  • Public
  • Heating:
  • Heat Pump(s)
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Sewer
  • Has Water Access:
  • Yes
  • Water Body Type:
  • Ocean
  • Water Name:
  • Atlantic Ocean
  • Waterfront:
  • Yes
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Coastal Life Realty Group
  • © 2020 BRIGHT, All Rights Reserved BRIGHT

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