StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 712 N Baltimore Ave
Here is your opportunity to own one of only a few properties in Ocean City that can accommodate 40 guests under one roof!! This property is a multi-family building that has been completed renovated in downtown Ocean City. Set up as a duplex with 6 bedrooms, 3 bathrooms, 2 kitchens, and 2 laundry rooms on each side! Each side comfortably sleeps 20 guests. Combined, this property has 12 bedrooms, 6 bathrooms, 4 kitchens and 4 baths; sleeping 40 total! Maintenance free exterior with cedar siding and composite decking/vinyl rails. Currently the property is used as a duplex, but has the option for a lockout basement, making 4 total units if desired. Brand new HVAC throughout in 2022. This property consistently brings in > $300,000 in rental income each year! There are still a lot of holes to fill in the calendar and we are currently at $318,226 on the books for this season. This house prints money!! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.
Property Details
Property Features
Property Information:
Architectural Style: Coastal
Year Built: 1930
Stories: 3
Living Area: 4,209 SqFt
Listing Office:
Office Name: Taylor Properties
Office Phone: (301) 970-2447
Listing Agent: JOHN R. CLARK
Interior Features
Interior Information:
Appliances: Microwave
Basement: No
Flooring Type: Laminated
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 12
Exterior Features
Exterior Information:
View: Ocean
Parking Information:
Parking: Off Street, On Street, Driveway
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: GPS
Municipality:
Ocean City
Price Information
Listing Price Info
Price Summary:
List Price: $2,799,999
Price Per SqFt: $665/SqFt
Tax Information:
Annual Amount: $8,700
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 $2.3M more than the Median Sold Price and $236/SqFt more 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: #MDWO2021360
Listing Office:
Office Name: Taylor Properties
Office Phone: (301) 970-2447
Listing Agent: JOHN R. CLARK
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 school1.49 miles
Public District Grades PK-4
9
/10
Showell Elementary School
11318 Showell School Rd
Distance between this listing and this school6.95 miles
Public District Grades PK-3
5
/10
Berlin Intermediate School
309 Franklin Ave
Distance between this listing and this school7.03 miles
Public District Grades 4-6
Nearby Schools
10
/10
Stephen Decatur Middle School
9815 Seahawk Rd
Distance between this listing and this school5.83 miles
Public District Grades 7-8
5
/10
Selbyville Middle School
80 Bethany Rd
Distance between this listing and this school10.96 miles
Public District Grades 6-8
8
/10
Southern Delaware School of the Arts
27 Hosier St
Distance between this listing and this school11.53 miles
Public Magnet Grades KG-8
Nearby Schools
7
/10
Stephen Decatur High School
9913 Seahawk Rd
Distance between this listing and this school5.87 miles
Public District Grades 9-12
5
/10
Indian River High School
29772 Armory Rd
Distance between this listing and this school16.19 miles
Public District Grades 9-12
3
/10
Sussex Central High School
26026 Patriots Way
Distance between this listing and this school24.08 miles
The neighbors living near this home have an average income of $103,906. Most Ocean City, MD residents have annual incomes between $100k-200k. The majority of families are single, no kids. The majority of 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 are the common housing types 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.
What are the advantages of living in Ocean City, MD?
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 essential services in Ocean City, MD convenient?
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.
How do Ocean City, MD residents get around?
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 712 N Baltimore Ave
What is the listing price of this property?
The listing price of 712 N Baltimore Ave property is $2,799,999.
What type of property is this?
The property 712 N Baltimore Ave is a townhouse located in Ocean City, Maryland, 21842.
Is this property for sale now?
Accepting Backup Offers: 712 N Baltimore Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,700 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 5, 2015 for $455,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 712 N Baltimore Ave has 12 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 712 N Baltimore Ave is 4,209 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 712 N Baltimore Ave is 1930.
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This home is located at 712 N Baltimore Ave in Ocean City, MD and zip code 21842. This 4,209 square foot home, which was built in 1930, sits on a 0.07 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $2,799,999.
In October 2024 more than 12 listings in Ocean City, MD were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 67 were sold below. Between September 2024 and October 2024, Ocean City, MD real estate market has seen increase in the number of listings by 16.2%. The median list price of listings available in October 2024 was $449,548, while the average time on the real estate market was 80 days.
From Rocket Homes Real Estate and based on county public records data.