1215 Atlantic Ave
Ocean City, MD 21842

Sold $2,100,000 Sold on 1/1/0001
  • 15 Bedrooms
  • 8 Bathrooms
  • 6000 sq ft
  • Status Closed
  • Single Family
  • MLS# MDWO116224

Get More Info

Mechelle Nichols

MD 644668 DE RS-0025254

Ocean City

(410) 430-1575

More property info for 1215 Atlantic Ave

Property Description
  • Investor Alert! Located on Ocean City, Maryland's world-famous boardwalk, this spacious oceanfront apartment building holds endless opportunities. This 6000 sq. ft. building and 7100 sq. ft. lot features five separate apartments and 8 parking spaces making it an ideal opportunity or rental investment or reconstruction. The 3-story property includes a total of 15 bedrooms, 8 bathrooms, 5 kitchens, and oversized oceanfront porches with picturesque ocean views. Each unit is unique, incorporating hardwood floors, grand fireplaces, remodeled bathrooms, and updated kitchens. There are 2 oceanfront, 4 bedroom/2 bath units with expansive great rooms and dining rooms. 1 street level 4 bedroom/2 bath walkout with a private patio. 1 2 bedroom/1 bath street level and a 1-bedroom carriage house. The property has excellent rental potential. The second season rental income potential allows for a year-round income stream. Over $150, 000 in renovation upgrades have been done in the past 7 years making it turnkey business ready the day of settlement. The 11-year-old roof offers defense against winds up to 140mps. Indulge in a piece of Ocean City's history or redevelop to suit your needs. Call to make an appointment today before you miss out on this amazing opportunity!
Interior Details
  • Above Grade Fin SQFT: 6000
  • Architectural Style: Coastal
  • Bathrooms Full: 8
  • Below Grade Fin SQFT: 0
  • Below Grade Finished Area Units: Square Feet
  • Fireplaces Count: 2
  • Interior Features: Additional Stairway, Carpet, Dining Area, Entry Level
  • Levels Count: 3
  • Wall & Ceiling Types: Dry Wall, Plaster Walls
Exterior Details
  • Exterior Features: BBQ Grill, Exterior Lighting, Secure Storage
  • Lot Size Acres: 0.16
  • Lot SQFT: 7100.00
  • Navigable Water YN: Yes
  • Parking Features: Paved Parking
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access Features: Public Beach
  • Water Access YN: Yes
  • Water Body Type: Ocean
  • Water Oriented YN: Yes
  • Waterfront YN: Yes
Community Information
  • County: WORCESTER
  • HOA YN: No
  • Location Type: Oceanfront
  • MLS Area: Direct Oceanfront (80)
  • Municipality: Ocean City
  • Senior Community YN: No
  • Subdivision Name: NONE AVAILABLE
  • Zoning: R-3
School Details
  • Elementary School: OCEAN CITY
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
Property Information From MLS Data
  • Accessibility Features: None
  • DOM: 116
  • New Construction YN: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1938
Financial Information
  • Sale Type: Standard
  • Tax Annual Amount: 12901.0
  • Tax Year: 2020
Utilities
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water Source: Public
Listing Office
  • Buyer Agent Full Name: Jenny Sheppard
  • Buyer Office Name: Sheppard Realty Inc
  • Co Buyer Agent Full Name: brittany nicole carver
  • Co Buyer Office Name: Sheppard Realty Inc
  • List Agent Full Name: Mechelle Nichols
  • List Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • List Office Phone: 4105247000

1215 Atlantic Ave Map Location

1215 Atlantic Ave, Ocean City, MD 21842
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty

Information obtained from Bright MLS is current as of 3/28/2024 7:56 PM.

Ok
www.penfedrealty.com Learn more about our Cookie Policy or Privacy Policy.