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Backup Offers

712 N Baltimore Ave, Ocean City, MD, 21842

$2,799,999

12 Bedrooms
6 Full Baths
4,209 SqFt
$665/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
ParkingOff Street, On Street, Driveway
Year Built1930
HeatingCentral
CoolingCentral Air
ViewOcean
MLS #MDWO2021360
Lot Size0.07 Acres
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
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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

712 N Baltimore Ave vs Ocean City

160 DAYS ON ROCKET

+80 Days

$2,799,999

+$2.3M More

$665/SqFt

+$236 More

KEY TAKEAWAY

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

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, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 05, 2015Home Sold
$455,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,700$615,700
2020$8,654$612,500
2019$7,833$550,667
2018$6,905$488,833
2017$6,032$427,000

History based on county public records data.

Payment Calculator

$14K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,461

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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.

Nearby Schools

school-card-donut-182086
10
/10
  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.49 miles

  • Public District Grades PK-4

school-card-donut-182087
9
/10
  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.95 miles

  • Public District Grades PK-3

school-card-donut-182088
5
/10
  • Berlin Intermediate School

  • 309 Franklin Ave

  • 7.03 miles

  • Public District Grades 4-6

Neighborhood

What Are The Neighbors Like?

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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Rocket Homes›Maryland›Worcester County›Ocean City›21842›712 N Baltimore Ave

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.

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