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106 5TH STREET

OCEAN CITY , MD 21842

MLS#: MDWO2029018

$1,399,900

Status: Active Under Contract
Listing number: MDWO2029018
Listing provided by: Coastal Life Realty Group LLC
Listing agent phone: None
Last update: 5 days ago
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NONE AVAILABLE - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

None

Year Built

2011

Sq.Footage

3,796

Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Above Grade Finished Area

    3796.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Vinyl Siding

  • Parking

    Garage, Off Site, Attached

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Other

Price

  • Sales Price

    $1,399,900

  • Tax Amount

    9754.0

  • Sq. Footage

    3, 796

  • Price/SqFt

    $368

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    5

  • Water Source

    Public

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Location

County

WORCESTER

Elementary School

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High School

Listing Courtesy of Kevin E Decker , Coastal Life Realty Group LLC

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Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!

106 5TH STREET

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