$1,399,900

106 5TH STREET, Ocean City, MD 21842

  • 4 beds |
  • 3 baths |
  • 3,796 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $369/sqft
  • Property List Date Icon Listed 4 months ago

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!

Listing Status:
Active
Listing Office:
Coastal Life Realty Group LLC : 4435527579
Listing Agent:
Kevin E Decker : 4432356552
MLS ID:
MDWO2029018
  • Rooms: Dining RoomFoyer
  • A/C: Central A/C
  • Heating: YHeat Pump(s)Electric
  • Disability Feature: None

This listing courtesy of Kevin E Decker, Coastal Life Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Ocean City Elementary School

12828 Center Dr, Ocean City, MD, 21842

Grades PK-4

1.44 miles away

S

Stephen Decatur Middle School

9815 Seahawk Rd, Berlin, MD, 21811

Grades 7-8

5.70 miles away

S

Stephen Decatur High School

9913 Seahawk Rd, Berlin, MD, 21811

Grades 9-12

5.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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