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MLS: #MDWO2032146, Listed By: Spike Sands, Berkshire Hathaway HomeServices PenFed Realty - OP, Source:Bright MLS

205 10th Street

OCEAN CITY, MD 21842
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Bed 7

Bed

Bath 0

Bath

SqFt2,744

Sqft

Acres0.31

Acre(Lot)

Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City’s entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants. Update 1/21/26: New Kitchen being instal led in Unit 5. The building has undergone significant renovations, including a full new front façade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City—offering a rare chance to expand with additional rental units or custom development. Whether you’re an investor seeking reliable cash flow or a developer looking to build in one of the East Coast’s most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,329,900

AD Id : 74444538

MLS Id : MDWO2032146

Beds : 7

Lot Size : 0.31 Acre

Living Area Size : 2,744

Year Built : 1950

County : WORCESTER

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Feature Features

  • Bedroom Information

    Total beds: 7

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Wood, Ceramic Tile, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Eat-in Kitchen, Ceiling Fan(s), Built-in Features, Open Floorplan Roof: Shingle Appliances: Range, Trash Compactor, Electric Water Heater, Gas Water Heater, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s), Ductless, Gas, Electric

  • Building Information

    Year Built: 1950 Building Area Total: 2744 Construction Materials: Frame Patio And Porch Features: Deck Pool Features: None Private Pool: No View: City, Street
  • Exterior Features

    Exterior Features: Balcony, Lighting

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 0.31 Lot Size Source: Estimated Lot Size Square Feet: 13519 Lot Description: Corner Lot, Cleared, Level

  • Listing Price Information

    Listing Price: $1329900

  • Tax Information

    Parcel Number: 2410035104 Tax Lot: 11 Tax Year: 2024 Annual Tax: $6743

  • Parking Information

    On Street, Private, Gravel, Lighted, Parking Lot
    Homeowners Association Information
    Association Amenities: Playground Community Features: Sidewalks, Street Lights

  • School Information

    Elementary School: OCEAN CITY
    Junior High School: STEPHEN DECATUR
    Senior High School: STEPHEN DECATUR
  • Utility Information

    Cable Available, Natural Gas Available, Phone Available
  • Location Information

    Direction: From Coastal Highway heading south make a right on 10th St. Lot and 1oth st building on your left. 9th St building end of the road and make a left. WaterSource: Public Security Features: Fire Escape
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6 43rd Street, Ocean City, MD, 21842 $1,799,900 8 -- 2,448 2,448 SqFt
15 57th Street, Ocean City, MD, 21842 $1,275,000 8 -- 2,560 2,560 SqFt
112 / 114 75th Street, Ocean City, MD, 21842 $1,409,900 11 -- 4,048 4,048 SqFt
116 78th Street, Ocean City, MD, 21842 $2,999,900 9 -- 5,022 5,022 SqFt
1701 N Baltimore Avenue, Ocean City, MD, 21842 $2,250,000 10 -- 4,842 4,842 SqFt
2701 Judlee Avenue, Ocean City, MD, 21842 $975,000 8 -- 2,784 2,784 SqFt
304 15th Street, Ocean City, MD, 21842 $1,199,900 5 -- 2,532 2,532 SqFt

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ByOwner last updated this listing 06/17/2026 @ 23:22

MLS: MDWO2032146 LISTED BY: Spike Sands, Berkshire Hathaway HomeServices PenFed Realty - OP 410-208-3500 SOURCE: Bright MLS

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