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406 14Th Street Ocean City, MD $ 1,199,000
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$ 1,199,000 Get more info
406 14Th Street
$ 1,199,000
Back to search
Share Save

406 14Th Street

Ocean City, MD, 21842
$ 1,199,000
Bedrooms-- Baths-- Sq 4,605

Monthly Estimate*

$ 7,480

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Commercial Property for sale in Ocean City, MD

for $1,199,000. This 4,605 square foot building was built in 1960 on a lot size of 0.1.

This well-maintained four-unit property offers updated systems, modern amenities, and excellent rental potential. Local Rental Company estimates $122,000 potential seasonal rental income. Unit 1, located on the first floor at the front of the building, features three bedroomstwo with queen beds and one with a twin bedalong with a brand-new gas tankless water heater, gas forced-air heat, and window unit air conditioning. Unit 2 is a unique two-level layout connected by a spiral staircase, with a queen bedroom upstairs, kitchen on the lower level, electric baseboard heat, and window unit cooling. The owners Unit 4 occupies the second-floor front and boasts two queen bedrooms, a large side deck with an electric awning, an updated kitchen with stainless steel appliances, central air with a heat pump, and a new water heater installed in 2025. Unit 5, at the rear of the second floor, includes two queen bedrooms, baseboard heat, and window unit A/C, with private access via the east-side steps beside the two-car garage. The property provides six off-street parking spacesalongside the building, in front of the garage, and beneath the west-side deckplus additional street parking. Guests also enjoy access to two shared laundry rooms, and the building is supported by a roof replaced in 2014. This versatile setup makes the property appealing for both owner-occupants and investors seeking strong rental income.

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Commercial Active

Price

$ 1,199,000

Property Type

Commercial

Taxes

$ 6,074

Style

Apartment Building

Lot Size

0.1

Year Built

1960

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2033672
Features
Interior
Heating Fuel Electric Natural Gas
Flooring Carpet Vinyl
Hot Water Electric Instant Hot Water
Total Stories 0
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Natural Gas Available Sewer Available
Possession Settlement
Zoning R-2
Construction Materials Brick
Exclusions None
Year Built 1960
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Business Type Apartment Building
Building Name NONE AVAILABLE
Accessibility None
County WORCESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 14th Street West North side of street.
City OCEAN CITY
Number Of Units Total 4
MLS Area Bayside Interior (83)
Lot Size Units Square Feet
Lot Size Square Feet 4200.00
Tax Annual Amount 6074.0
Property Condition Very Good
Trash Expense 0.00
Price Per Sq Ft Total AG 260.37
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 7
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Exterior
Water Source Public
Type of Parking Private Garage
Foundation Details Block
Water View Y/N N
Building Area Total 4605.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.10
Road Surface Type US Highway/Interstate
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 1 406
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* Excluded Features
List By
Keller Williams Realty Delmarva

Broker

rich@richdifilippo.com

Email

Affordability Calculator

$7,986
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,480
Monthly Property Taxes
$506
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
12/2/2025$1,199,000 -7.70% Price Down
9/30/2025$1,299,000 Listed Price

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406 14Th Street, Ocean City, MD, 21842 is a Commercial Property for sale at $1,199,000 with 4,605 sqft and a lot size of 0.1. 406 14Th Street was built in 1960. The property's zip code is 21842 which is in Ocean City, MD

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