CHARIS REALTY GROUP

Other

503 N BALTIMORE AVENUE

OCEAN CITY, MD 21842

MLS#: MDWO2041948

$1,300,000

Status: Active
Listing number: MDWO2041948
Listing provided by: Coastal Life Realty Group LLC
Listing agent phone: None
Last update: 8 days ago
On site: 21 days ago
Browse Properties
NONE AVAILABLE - Residential

Property

Beds

9

Full Baths

5

1/2 Baths

None

Year Built

1935

Sq.Footage

4,728

Rare opportunity to own a versatile five-unit property in the heart of downtown Ocean City, Maryland, just one block from the famous Ocean City Boardwalk and beach! Located at 503 Baltimore Avenue, this charming coastal property offers incredible potential as a multi-unit investment property or the opportunity to convert the building into a spacious single-family beach home. The building currently consists of five individual units, offering a variety of layouts to accommodate different needs. Unit #1 features 3 bedrooms, Unit #2 offers 2 bedrooms, Unit #3 is an efficiency, Unit #4 features 1 bedroom, and Unit #5 offers 2 bedrooms. The property showcases classic beach cottage charm, with hardwood flooring, inviting living spaces, coastal-inspired interiors, and beautiful knotty pine finishes in select areas. A spacious covered front porch provides the perfect setting to relax and enjoy the coastal atmosphere, while the fenced front yard adds additional outdoor space. With its flexible layout, this property presents an excellent opportunity for investors looking to maintain multiple rental units or buyers envisioning a large single-family coastal retreat. Situated in a prime downtown location, just one block from the Boardwalk and beach and close to Ocean City's popular restaurants, shopping, and entertainment, the possibilities are endless. Please note: This sale includes ONLY the front building at 503 Baltimore Avenue. A land condominium is currently being established so that the front and back buildings can be sold separately. Both buildings available for sale as a package for interested buyers. Whether you're looking to expand your investment portfolio or create your own spacious beach getaway, this unique downtown Ocean City property offers location, versatility, and tremendous potential!

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Other

  • Total Bedrooms

    9

  • Bathrooms

    5

  • Above Grade Finished Area

    4728.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Window Unit(s), Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Exhaust Fan, Electric, Heat Pump

  • Main Level Bedrooms

    9

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Parking

    Off Street, On Street

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.16

  • Lot Size(square feet)

    7,100

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Other

Price

  • Sales Price

    $1,300,000

  • Tax Amount

    $15,170

  • Sq. Footage

    4,728

  • Price/SqFt

    $274

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

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WORCESTER

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Listing Courtesy of Joseph Wilson, Coastal Life Realty Group LLC

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Agent Brooke Fox

Salesperson, Realtor

Brooke Fox

Call Brooke today to schedule a private showing.

(301) 980-0469

brookefoxrealty@gmail.com


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Rare opportunity to own a versatile five-unit property in the heart of downtown Ocean City, Maryland, just one block from the famous Ocean City Boardwalk and beach! Located at 503 Baltimore Avenue, this charming coastal property offers incredible potential as a multi-unit investment property or the opportunity to convert the building into a spacious single-family beach home. The building currently consists of five individual units, offering a variety of layouts to accommodate different needs. Unit #1 features 3 bedrooms, Unit #2 offers 2 bedrooms, Unit #3 is an efficiency, Unit #4 features 1 bedroom, and Unit #5 offers 2 bedrooms. The property showcases classic beach cottage charm, with hardwood flooring, inviting living spaces, coastal-inspired interiors, and beautiful knotty pine finishes in select areas. A spacious covered front porch provides the perfect setting to relax and enjoy the coastal atmosphere, while the fenced front yard adds additional outdoor space. With its flexible layout, this property presents an excellent opportunity for investors looking to maintain multiple rental units or buyers envisioning a large single-family coastal retreat. Situated in a prime downtown location, just one block from the Boardwalk and beach and close to Ocean City's popular restaurants, shopping, and entertainment, the possibilities are endless. Please note: This sale includes ONLY the front building at 503 Baltimore Avenue. A land condominium is currently being established so that the front and back buildings can be sold separately. Both buildings available for sale as a package for interested buyers. Whether you're looking to expand your investment portfolio or create your own spacious beach getaway, this unique downtown Ocean City property offers location, versatility, and tremendous potential!

503 N BALTIMORE AVENUE

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I agree to be contacted by Charis Realty Group - Christine Issler, Broker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

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