2 months on rocket

0 Philadelphia Ave, Ocean City, MD, 21842

$2,200,000

0.57 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #MDWO2022956
Lot Size0.57 Acres
StatusActive
(ACTIVE)

About 0 Philadelphia Ave

Discover an exceptional 25,000 square foot lot in the heart of Ocean City, MD, just across the street from the beach and boardwalk. This prime location offers unparalleled convenience with nearby restaurants, bars, mini-golf, and grocery stores. Perfect for residential development, including apartment houses.

Property Details

Property Features

Listing Office:

  • Office Name: Coastal Life Realty Group LLC
  • Office Phone: (443) 235-8382
  • Listing Agent: Joseph Wilson

Lot Features

Lot Information:

  • Lot Size: 0.57 Acres

Other

Directions Information:

  • Directions: Empty Lot is Located Next to Islander Motel on Philadelphia Ave between 19th and 20th Street OC.

Municipality:

  • Ocean City

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
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Housing Market Comparison

See how this home compares to others in Ocean City, MD.

Med. Sold Price

$449.5K

Med. Price/SqFt

$429

Avg. Days On Market

80

# of Sold Homes

90

0 Philadelphia Ave vs Ocean City

78 DAYS ON ROCKET

-2 Days

$2,200,000

+$1.7M More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2022956

Listing Office:

  • Office Name: Coastal Life Realty Group LLC
  • Office Phone: (443) 235-8382
  • Listing Agent: Joseph Wilson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-27110
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.76 miles

  • Public District Grades PK-4

school-card-donut-27111
5
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.62 miles

  • Public District Grades 4-6

school-card-donut-27112
9
/10
  • Showell Elementary School

  • 11318 Showell School Rd

  • 7.13 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,906. Residents of Ocean City, MD typically earn between $100k-200k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Ocean City, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Ocean City, MD?

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

Is Ocean City, MD a good place to live?

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Are things conveniently located in Ocean City, MD?

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

What does the transportation in Ocean City, MD look like?

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

Frequently Asked Questions About 0 Philadelphia Ave

What is the listing price of this property?

The listing price of 0 Philadelphia Ave property is $2,200,000.

What type of property is this?

The property 0 Philadelphia Ave is land located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 0 Philadelphia Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Philadelphia Ave is 0.57 acres.
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Rocket HomesMarylandWorcester CountyOcean City218420 Philadelphia Ave

This home is located at 0 Philadelphia Ave in Ocean City, MD and zip code 21842. This home sits on a 0.57 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $2,200,000.

In October 2024, from all listings sold in Ocean City, MD there were more than 12 sold above asking price, over 67 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Ocean City, MD between September 2024 and October 2024 increased by 16.2%. While the average time on the market in October 2024 was 80 days, the median list price was $449,548.

From Rocket Homes Real Estate and based on county public records data.

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