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304 15th St, Ocean City, MD, 21842

5beds
4baths
2,532sqft
$1,199,900
$474price/sqft
$7,964/moest. monthly cost
$318,560/yrincome needed

About This Home

Rare opportunity to own a direct bayside waterfront 2-unit property in Downtown Ocean City, just blocks from the beach, boardwalk, dining, and attractions. The property features two separate units: a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, offering flexibility for multi-generational living, extended family use, personal enjoyment, or rental income. There may also be potential for additional living space or rental income through the detached garage, pending zoning and other applicable approvals. Both units feature remodeled kitchens with granite countertops, custom cabinetry, tile backsplashes, and separate washers and dryers. Enjoy beautiful canal and bay views from the sunroom, balcony, and large waterfront composite deck. Additional highlights include 2 private boat slips, outdoor space for entertaining, and a detached garage for storage of all your beach and boating gear. With approximately $110,000 in annual rental income over the past two years, this is a rare waterfront opportunity with exceptional versatility.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

10/10
10/10
7/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 1956

Materials

  • Foundation: Block,Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Block,Stick Built,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Cooktop,Microwave,Washer,Dryer,Water Heater
  • Laundry features: Upper Level,Lower Level

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Entry Level Bedroom,Dining Area,2nd Kitchen,Ceiling Fan(s),Other,Attic,Chair Railings,Crown Molding,Kitchen - Table Space,Pantry,Recessed Lighting,Upgraded Countertops,Dry Wall,Wood Walls
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Carpet,Hardwood,Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,532

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Wall Unit(s),Electric

Interior Area

  • Total structure area: 2,532
  • Total interior livable area: 2,532 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2410041074
  • Zoning: R-2
  • Special condition: Standard
  • Exclusions: Personal Items,Marked Wall Photos And Decor,Personal Photos,Garage Items

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Enclosed,Porch,Screened
  • Exterior features: Rain Gutters,Storage,Barbecue,Lighting,Flood Lights,Balcony
  • Fencing: Full,Vinyl
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Private Dock Site,Canal,Boat - Powered,Canoe/Kayak,Fishing Allowed,Private Access
  • Frontage length: Water Frontage Ft: 50

Lot

  • Lot size: 5,500 sqft
  • Features: Bulkheaded,Other,Fishing Available
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 4
  • Parking features: Storage,Garage Faces Side,Private,Concrete,Driveway,Detached,Off Street,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3