12304 Coastal Hwy

Ocean City, MD 21842 View Map $1,173,115 Ask a Question
Beds8
Baths4
Sq.Ft.2,912
Year1960
Dave Whittington

Dave Whittington

(410) 430-5283

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Status: Sold
Property Type:Unit/Flat
MLS #:MDWO2011202
Sq. Feet:2,912
Date Sold:2/14/2024
Lot Size:10,000 Sq. Ft.
County:Worcester
This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
1/1/2023$1,590,000$1,550,000-2.5%
2/15/2023$1,550,000$1,499,999-3.2%
10/16/2023$1,499,950$1,250,000-16.7%
2/15/2024$1,250,000$1,173,115-6.2%

Community Information

Address:12304 Coastal Hwy, Ocean City, MD 21842
Area:Ocean Block (82)
County:Worcester
City:Ocean City
Zip Code:21842
Neighborhood:Ocean Block (82)

School Information

High School:Stephen Decatur

Architecture

Bedrooms: 8
Bathrooms: 4
Year Built:1960
Stories:2
Style:Coastal
Construction: Stick Built

Features / Amenities

Unit Floor: 1
Type of Parking: Parking Lot
Air Conditioning: Ductless/Mini-Split

Property Features

Num. Floors in Condo Bldg.:2
Lot Size: 0.23 Acres / 10,000 Sq. Ft.
View: City, Ocean
Septic: Public Sewer
Water: Public
Municipality: Ocean City

Tax and Financial Info

Property Taxes: $10,529 (paid Annually)
HOA: No
Condo Association: No

Schools

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Listing Information Last Updated 2/23/2024
Listing provided courtesy of Coldwell Banker Realty.
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