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Cara Campos

cara@camposhomesnj.com +1(856) 304-3040

Listed by Joseph Wilson • Coastal Life Realty Group LLC

$1,300,000

Est. payment - /mo

4,728 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,728 sqft

Price per Sqft $274

MLS Listing ID MDWO2041954

Style Other

Abv Grd Liv Area 4,728

Year Built 1935

Available Date 2026-10-16

Annual Tax Amount $15,170

Tax Year 2026

Lot Size 7,100 Sqft

Acres 0.16

Property Sub-Type Detached

Source BRIGHT

Property Description

Rare opportunity to own a versatile five-unit property in the heart of downtown Ocean City, Maryland, just one block from the famous Ocean City Boardwalk and beach! Located at 503 Baltimore Avenue, this charming coastal property offers incredible potential as a multi-unit investment property or the opportunity to convert the building into a spacious single-family beach home.

The building currently consists of five individual units, offering a variety of layouts to accommodate different needs. Unit #1 features 3 bedrooms, Unit #2 offers 2 bedrooms, Unit #3 is an efficiency, Unit #4 features 1 bedroom, and Unit #5 offers 2 bedrooms. The property showcases classic beach cottage charm, with hardwood flooring, inviting living spaces, coastal-inspired interiors, and beautiful knotty pine finishes in select areas. A spacious covered front porch provides the perfect setting to relax and enjoy the coastal atmosphere, while the fenced front yard adds additional outdoor space.

With its flexible layout, this property presents an excellent opportunity for investors looking to maintain multiple rental units or buyers envisioning a large single-family coastal retreat. Situated in a prime downtown location, just one block from the Boardwalk and beach and close to Ocean City's popular restaurants, shopping, and entertainment, the possibilities are endless.

Please note: This sale includes ONLY the front building at 503 Baltimore Avenue. A land condominium is currently being established so that the front and back buildings can be sold separately. Both buildings available for sale as a package for interested buyers.

Whether you're looking to expand your investment portfolio or create your own spacious beach getaway, this unique downtown Ocean City property offers location, versatility, and tremendous potential!

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning R-3A

Interior

Interior Features Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Wood Floors, Other

Hot Water Other

Heating Heat Pump(s)

Cooling Wall Unit

Flooring Hardwood, Ceramic Tile

Fireplaces Number 1

Fireplaces Type Other

Equipment Dishwasher, Dryer, Microwave, Stove, Washer

Fireplace Y

Appliance Dishwasher, Dryer, Microwave, Stove, Washer

Heat Source Electric

Exterior

Exterior Feature Porch(es)

Water Access N

Roof Type Shingle

Accessibility None

Porch Porch(es)

Garage N

Private Pool No

Building

Foundation Block

Above Ground Finished SqFt 4728

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Paneled Walls

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2410032717

Ownership Fee Simple

SqFt Source 4728

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Nearby School & Business

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Cara Campos

+1(856) 304-3040

Agent License ID: 1540604

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503 N BALTIMORE AVE Ocean City, MD 21842

Cara Campos

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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