Lot 119 Ocean Gateway Ocean City, MD ^$ 2,250,000

Lot 119 Ocean Gateway

^$ 2,250,000

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Lot 119 Ocean Gateway

Ocean City, MD, 21842

^$ 2,250,000

Studio Baths0.0

Monthly Estimate*

^$ 14,037

Lot 119 Ocean Gateway, Ocean City, MD 21842 - Image 1

Lot 119 Ocean Gateway, Ocean City, MD 21842 - Image 2

Studio

Lots and Land for sale in Ocean City, MD

for $2,250,000. The lot size is 33.14.

Land for Commercial Use and or Business Use: Apartment Building, Auto Related, Convenience Store/Gas, Flex, Medical, Other, Other/General Retail, Professional, Warehouse

Lots and Land Active

Price

^$ 2,250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 5,294

Style

Commercial

Lot Size

33.14

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2015026

Features

General

Sewer No Sewer System

Possession 0-30 Days CD

Zoning B2-A1

School District WORCESTER COUNTY PUBLIC SCHOOLS

Property Subtype Land

Tax Year 2024

Current Use Commercial

Ownership Fee Simple

County WORCESTER

Property Type Land

HOA N

Water Access Y/N N

Status ACTIVE

Directions Parcel 119 is 33.14 Acres located off of Ocean Gateway in Worcester County MD

City OCEAN CITY

MLS Area West Ocean City (85)

Lot Size Units Square Feet

Lot Size Square Feet 1443578.00

Tax Annual Amount 5294.0

Condo/Coop Association Y/N N

Clean Green Assessed Y/N N

Price Per Sq Ft Total AG 1.56

Additional Parcels Y/N N

Historic Y/N N

Lease Considered Y/N N

Vacation Rental Y/N N

Standard Status Active

Association Recreation Fee N

Exterior

Water Source None

Water View Y/N N

Lot Dimensions 0.00 x 0.00

Lot Size Acres 33.14

Lot Size Source Assessor

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

* Excluded Features

List By

Atlantic Shores Sotheby's International Realty

Broker

ryan@ryanhaley.com

Affordability Calculator

$14,478

Per Month

Monthly Principal & Interest: $14,037
Monthly Property Taxes: $441
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Ocean City, MD

Average List Price ^$929,917

Percent of Sale Price 59%

About Ocean City, MD

7,846 Population

-23% Since 2002

^$59,005 Median Income

50.85 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3534738 Elementary School

3535750 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/16/2024	$2,250,000	-18.18%	Price Down
5/9/2024	$2,750,000	-8.33%	Price Down
8/2/2023	$3,000,000		Listed Price

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Lot 119 Ocean Gateway, Ocean City, MD, 21842 is a Lots and Land for sale at $2,250,000 with a lot size of 33.14. Lot 119 Ocean Gateway is a studio with 0.0 baths. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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Lot 119 Ocean Gateway

Lots and Land for sale in Ocean City, MD

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