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1617 Saint Louis Avenue Ocean City, MD $ 1,600,000
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$ 1,600,000 Get more info
1617 Saint Louis Avenue
$ 1,600,000
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1617 Saint Louis Avenue

Ocean City, MD, 21842
$ 1,600,000
Bedrooms-- Baths-- Sq 3,860

Monthly Estimate*

$ 9,982

1617 Saint Louis Avenue, Ocean City, MD 21842 - Image 1
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1617 Saint Louis Avenue, Ocean City, MD 21842 - Image 9
1617 Saint Louis Avenue, Ocean City, MD 21842 - Image 10
1617 Saint Louis Avenue, Ocean City, MD 21842 - Image 11

Commercial Property for sale in Ocean City, MD

for $1,600,000. This 3,860 square foot building was built in 1950 on a lot size of 0.11.

Waterfront Multi-Unit Investment Opportunity Prime OC Location Dont miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open. This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow. Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand. Whether youre looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 8,250

Style

Apartment Building

Lot Size

0.11

Year Built

1950

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2030988
Features
Interior
Heating Fuel Electric
Flooring Laminated
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Settlement
Roof Architectural Shingle
Zoning R-2
Security Features Surveillance Sys
Construction Materials Vinyl Siding Stick Built
Year Built 1950
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Business Type Apartment Building
Accessibility 2+ Access Exits
County WORCESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Root 50 East to OCean City Left on 17th St through light to St. Louis Ave. Unit on Rt.
City OCEAN CITY
MLS Area Bayside Waterfront (84)
Lot Size Units Square Feet
Lot Size Square Feet 5000.00
Tax Annual Amount 8250.0
Price Per Sq Ft Total AG 434.19
Acceptable Financing Cash Conventional Seller Financing
Historic Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Legal Subdivision NEPTUNE DEV
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 3685.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.11
Road Surface Type Concrete
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1617
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* Excluded Features
List By
Coldwell Banker Realty

Broker

shawn.kotwica@cbmove.com

Email

Affordability Calculator

$10,669
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
$688
Monthly 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/21/2025$1,600,000 Listed Price

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1617 Saint Louis Avenue, Ocean City, MD, 21842 is a Commercial Property for sale at $1,600,000 with 3,860 sqft and a lot size of 0.11. 1617 Saint Louis Avenue was built in 1950. The property's zip code is 21842 which is in Ocean City, MD

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