304 15th St, Ocean City, MD 21842

$1,099,900
5
BD
4
BA
2,532
SqFt

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List Price
$1,099,900
Status
ACTIVE
Days on Market
202
Price Change
▼ $100,000 1791313816
MLS#
MDWO2037052
Subtype
Residential
Style
Cape Cod
Year Built
1956
Bedrooms
5
Bathrooms
4
Full Baths
4
Living Area
2,532
Lot Size
5,500
Acres
0.13
Subdivision
Neptune Development
Building Name
None Available
MLS Area Major
Bayside Waterfront (84)

Property Description

HUGE PRICE IMPROVEMENT!!! 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 brand new washers and dryers in 2026. Both units have BRAND NEW HVAC systems as of August 2026. 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.

Additional Information

Interior Features
Entry Level Bedroom, Separate Dining Room, Second Kitchen, Some Carpeting, Ceiling Fans, Window Treatments, Other, Attic, Chair Railings, Crown Molding, Pantry, Recessed Lighting, Upgraded Countertops
Exterior Features
Rain Gutters, Storage, Barbecue, Lighting, Flood Lights
Taxes
$9,351
Property Description
Cape Cod
Zoning
R-2
Flooring
Tile, Carpet, Hardwood, Vinyl
Appliances
Dishwasher, Refrigerator, Stove, Microwave, Washer, Dryer
Heating
Heat Pump
Air Conditioning
Central Air, Wall Units
Levels
Two
Roof
Architectural
Foundation
Block, Crawl Space
Parking Features
Private, Concrete Driveway
Garage Spaces
1
School District
Worcester County Public Schools
Elementary School
Ocean City
Middle School
Stephen Decatur
High School
Stephen Decatur
View
Canal

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Listing courtesy of ERA Martin Associates, Shamrock Division. Contact: