1. Maryland
2. Ocean City
3. 13444 MADISON AVENUE

13444 MADISON AVENUE, Ocean City, MD 21842

• 3 beds |
• 2 baths |
• 2,000 sqft

Property Description

Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet. Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or someone looking to build a primary residence, a vacation getaway, an investment opportunity—or all of the above!

Listing Status:

Active

Date Added:

August 2, 2022 at 05:00AM

Listing Office:

RE/MAX Realty Centre, Inc. : 3017745900

Listing Agent:

Kelly R Williams : 3013255308

MLS ID:

MDWO2009464

Interior

• Laundry: Main Floor
• A/C: Central A/C
• Heating: YBaseboard - ElectricElectric
• Fireplace: FireplaceFireplaces: 1
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Kelly R Williams, RE/MAX Realty Centre, Inc.