ParkingCrushed Stone, Fenced, Free, Lighted Parking, Private, On Street, Parking Lot
Year Built1950
HeatingOther, Baseboard
CoolingCeiling Fan(s), Window Unit(s)
ViewCity
MLS #MDWO2026102
Lot Size0.31 Acres
StatusActive (ACTIVE)
About 205 10th St
Unique multi-family investment opportunity with endless potential! Three parcels in the heart of Ocean City are being offered together or separately, featuring two multi-family buildings and one of the last remaining buildable lots in downtown OC. These properties generate $200,000+ in annual rental income and offer excellent upside potential. With the addition of another multi-family building, even more income. 904 St. Louis Ave is a 3,600 sq. ft. building with four units—two 3-bedroom, 2-bath units and two 2-bedroom, 1-bath units. Each unit is updated, fully furnished, and ready to rent, featuring open-concept living areas, solid surface flooring, and private entrances. Large decks provide ample outdoor space, perfect for relaxing after a day at the beach. This building also has 10 parking spots shared with the neighboring 10th Street building (also for sale), making it easy for guests to park and access their units. 205 10th St is a 2,744 sq. ft. building offering four unique units—two 3-bedroom, 2-bath units, one large 1-bedroom, 1-bath unit with a full kitchen and living area, and a rear efficiency unit. All units are move-in ready and fully furnished with updated appliances, furniture, and separate entrances. Each unit also has its own porch—perfect for enjoying the coastal lifestyle. The building features a shared coin-operated laundry facility, adding convenience for tenants and an additional revenue stream for owners. 10th St Lot: A rare find in Ocean City, this last remaining buildable lot is ideal for developers or investors looking to expand. Build your dream property or create additional rental units to increase your revenue potential in this sought-after downtown location. Both buildings have undergone significant renovations. 904 St Louis has a new electric service, roof, mini-split HVAC systems (inside and out), appliances, and Ashley sleeper sofas which have been professionally cleaned at the end of every season. New deck stairs and vinyl railings. 10th St has a new full front facade including three level decks, vinyl rails and steps as well as a new roof. Perfectly situated just a short walk from the beach, boardwalk, and downtown attractions, these properties are an ideal investment for vacation rentals. The sale includes a strong digital marketing presence with an established rental website, Instagram, Facebook, and even a custom Snapchat filter—everything you need to continue generating buzz and bookings from day one. Keep in mind these properties are not rented during senior week or at all during the winter months or the big weekend events in the offseason Don’t miss out on this unique opportunity to own a slice of Ocean City’s thriving rental market. Priced to sell and move quickly! Call the listing agent today for more information.
Property Details
Property Features
Property Information:
Architectural Style: Coastal
Year Built: 1950
Living Area: 6,344 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices PenFed Realty - OP
Exterior: Exterior Lighting, Fire Escape, Play Area, Sidewalks, Street Lights
Parking Information:
Parking: Crushed Stone, Fenced, Free, Lighted Parking, Private, On Street, Parking Lot
Lot Features
Lot Information:
Lot: Cleared, Corner Lot, Level
Lot Size: 0.31 Acres
Utilities
Utilities Information:
Heating: Other, Baseboard
Cooling: Ceiling Fan(s), Window Unit(s)
Other
Directions Information:
Directions: From Coastal Highway heading south make a right on 10th St. Lot and 1oth st building on your left. 9th St building end of the road and make a left.
Municipality:
Ocean City
Price Information
Listing Price Info
Price Summary:
List Price: $2,650,000
Price Per SqFt: $418/SqFt
Tax Information:
Annual Amount: $4,799
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ocean City, MD.
This property is $2.2M more than the Median Sold Price and $10/SqFt less than other homes in Ocean City, MD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #MDWO2026102
Listing Office:
Office Name: Berkshire Hathaway HomeServices PenFed Realty - OP
Office Phone: (410) 208-3500
Listing Agent: Spike Sands
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Ocean City Elementary School
12828 Center Dr
Distance between this listing and this school1.40 miles
Public District Grades PK-4
9
/10
Showell Elementary School
11318 Showell School Rd
Distance between this listing and this school6.83 miles
Public District Grades PK-3
5
/10
Berlin Intermediate School
309 Franklin Ave
Distance between this listing and this school7.00 miles
Public District Grades 4-6
Nearby Schools
10
/10
Stephen Decatur Middle School
9815 Seahawk Rd
Distance between this listing and this school5.79 miles
Public District Grades 7-8
5
/10
Selbyville Middle School
80 Bethany Rd
Distance between this listing and this school10.80 miles
Public District Grades 6-8
8
/10
Southern Delaware School of the Arts
27 Hosier St
Distance between this listing and this school11.38 miles
Public Magnet Grades KG-8
Nearby Schools
7
/10
Stephen Decatur High School
9913 Seahawk Rd
Distance between this listing and this school5.82 miles
Public District Grades 9-12
5
/10
Indian River High School
29772 Armory Rd
Distance between this listing and this school16.03 miles
Public District Grades 9-12
3
/10
Sussex Central High School
26026 Patriots Way
Distance between this listing and this school23.92 miles
The neighbors living near this home have an average income of $55,076. Residents of Ocean City, MD typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
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 205 10th St
What is the listing price of this property?
The listing price of 205 10th St property is $2,650,000.
What type of property is this?
The property 205 10th St is a house located in Ocean City, Maryland, 21842.
Is this property for sale now?
Active Listing: 205 10th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,799 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 17, 2012 for $216,199. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 205 10th St has 18 bedrooms and 12 bathrooms.
What is the square footage of this property?
The property 205 10th St is 6,344 SqFt (source: MLS/tax record).
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This home is located at 205 10th St in Ocean City, MD and zip code 21842. This 6,344 square foot home, which was built in 1950, sits on a 0.31 acre lot. Features: 18 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $2,650,000.
Ocean City, MD housing market in November 2024 saw over 15 listings sold above listed price, more than 15 sold at listed price and over 57 sold below. The number of homes for sale in Ocean City, MD increased by 0.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $449,666, while the average time on the real estate market was 56 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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