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Mary Rice

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$ 1,399,900

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Active

106 5TH ST Ocean City, MD 21842

4 Beds

3 Baths

3,796 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,796 sqft

Price per Sqft $368

Subdivision None Available

MLS Listing ID MDWO2029018

Style Other

Bedrooms 4

Full Baths 3

HOA Y/N N

Abv Grd Liv Area 3,796

Originating Board BRIGHT

Year Built 2011

Annual Tax Amount $9,754

Tax Year 2024

Lot Size 3,344 Sqft

Acres 0.08

Lot Dimensions 0.00 x 0.00

Property Sub-Type Detached

Property Description

Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning R-3A

Rooms

Other Rooms Dining Room, Foyer

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Parking Features Garage - Side Entry

Garage Spaces 2.0

Water Access N

Roof Type Architectural Shingle

Accessibility None

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Story 4

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 4

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Worcester County Public Schools

Others

Senior Community No

Tax ID 2410032687

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Kevin E Decker • Coastal Life Realty Group LLC

Mary Rice

Advisor

+1(410) 726-4984

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