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MLS: #MDWO2037804, Listed By: Brittani Phillips, ERA Martin Associates, Shamrock Division, Source:Bright MLS

304 15th Street

OCEAN CITY, MD 21842
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Bed 5

Bed

Bath 0

Bath

SqFt2,532

Sqft

Acres0.13

Acre(Lot)

Exceptional opportunity to own a waterfront 2-unit property in the heart of Ocean City with 2 private boat slips and strong appeal for investors, second-home buyers, or those seeking flexible multi-generational use. Comprised of a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, this renovated R-2 property offers versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. In addition to the 2 private boat slips, highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, private garage, and extensive recent improvements. A private deck on the lower unit overlooks the water and fence d-in yard. Inside, both kitchens have been recently renovated, along with new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table. Located within walking distance to the beach, boardwalk, dining, shopping, and entertainment, this is a rare chance to market a true multi-family waterfront asset in a prime Ocean City location. With over $110,000 rental income, this is a rare chance to own a versatile waterfront property in with built-in flexibility and long-term value.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,199,900

AD Id : 77552262

MLS Id : MDWO2037804

Beds : 5

Lot Size : 0.13 Acre

Living Area Size : 2,532

Year Built : 1956

Garage : 1

County : WORCESTER

Subdivision: Neptune Development

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Carpet, Ceramic Tile, Hardwood, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Ceiling Fan(s), Other, Pantry, Recessed Lighting, Crown Molding Roof: Shingle Appliances: Cooktop, Gas Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Washer Laundry Features: Upper Level, Lower Level Window Features: Window Coverings, Window Treatments
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Wall Unit(s), Electric Water front: 1

  • Building Information

    Year Built: 1956 Building Area Total: 2532 Construction Materials: Block, Frame Frontage Length: 50 Patio And Porch Features: Deck, Enclosed, Porch, Screened Pool Features: None Private Pool: No Water front Features: Canal Front, Canal Access View: Water, Canal
  • Exterior Features

    Exterior Features: Barbecue, Balcony, Lighting, Rain Gutters, Storage

  • Lot Information

    Lot Size Acres: 0.13 Lot Size Source: Estimated Lot Size Square Feet: 5663 Lot Description: Other, Waterfront

    Property Information

    Subdivision: NEPTUNE DEVELOPMENT Source Property Type: Residential Income Postal Code Plus 4: 7524 Property SubType: Duplex Property Age: 70

  • Listing Price Information

    Listing Price: $1199900

  • Tax Information

    Parcel Number: 2410041074 Tax Lot: 31 Tax Year: 2025 Annual Tax: $9351

  • Parking Information

    Parking Total: 1 Concrete, Off Street, On Street, Private, Garage, Driveway, Detached

    Garage Information

    Has Garage: Yes Garage Space: 1
    Homeowners Association Information
    Association Amenities: Powered Boats Allowed, Boat Slip

  • School Information

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

    Cable Available, Natural Gas Available, Propane
  • Location Information

    Direction: Coastal Hwy to 15th st bayside - Home is on the right WaterSource: Public Security Features: Smoke Detector(s), Security Lights
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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
205 10th Street, Ocean City, MD, 21842 $1,329,900 7 -- 2,744 2,744 SqFt

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ByOwner last updated this listing 06/19/2026 @ 16:33

MLS: MDWO2037804 LISTED BY: Brittani Phillips, ERA Martin Associates, Shamrock Division 410-641-5000 SOURCE: Bright MLS

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