Rare opportunity to own all three brand-new luxury townhomes in one of Ocean City's most desirable bayside locations. Offered together as a package, this unique investment includes three beautifully crafted residences, each featuring stunning bay views, high-end custom finishes, and thoughtful design throughout. Built by a respected local custom builder, every unit offers expansive living spaces, conditioned garages with striking glass garage doors, and water views from each unit. Located on a short bay block from the bay and an easy walk to the beach, owners and guests will appreciate access to a quieter, low-density stretch of shoreline without the crowds. The prime location places you close to restaurants, entertainment, shopping, and everything Ocean City has to offer while maintaining a more relaxed coastal atmosphere. With no HOA or condo fees, ownership is simple and cost-effective. The property also presents tremendous rental income potential—rent all three units or keep one for personal use while generating income from the other two. Whether you're seeking a premier investment property, family compound, corporate retreat, or luxury coastal getaway, opportunities like this are exceptionally rare. Three brand-new townhomes. Bay views from every unit. No HOA or condo fees. Endless possibilities.
For sale
$2,999,900
116 78th St, Ocean City, MD 21842
9beds
--baths
5,022sqft
Triplex
Built in 2025
-- sqft lot
$-- Zestimate®
$597/sqft
$-- HOA
What's special
Desirable bayside locationsHigh-end custom finishesConditioned garagesThoughtful design throughoutStriking glass garage doorsExpansive living spacesStunning bay views
- 29 days |
- 726 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Kevin E Decker 443-235-6552,
Coastal Life Realty Group LLC (443) 235-8382
Source: Bright MLS,MLS#: MDWO2038992
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,022
- Total interior livable area: 5,022 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Driveway, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Pool features: None
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay,Water
- Waterfront features: Bay
Lot
- Size: 6,000 Square Feet
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410088283
- Zoning: R-2
- Zoning description: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Frame, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $597/sqft
- Tax assessed value: $1,487,500
- Annual tax amount: $17,878
- Date on market: 6/8/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $2,999,900+361.6%$597/sqft |
Source: | ||
| 6/21/2018 | Listing removed | $649,900$129/sqft |
Source: Condominium Realty LTD #1001564558 Report a problem | ||
| 6/12/2018 | Listed for sale | $649,900+85.7%$129/sqft |
Source: Condominium Realty LTD #1001564558 Report a problem | ||
| 5/16/2008 | Listing removed | $349,900$70/sqft |
Source: Number1Expert #429139 Report a problem | ||
| 4/30/2008 | Price change | $349,900-7.9%$70/sqft |
Source: Number1Expert #429139 Report a problem | ||
| 4/25/2008 | Listed for sale | $379,900+22.5%$76/sqft |
Source: Number1Expert #429139 Report a problem | ||
| 5/7/2002 | Sold | $310,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,878 +447.5% | $1,305,367 +459.4% |
| 2024 | $3,266 +15.8% | $233,333 +16.7% |
| 2023 | $2,819 -29.1% | $200,000 -29.5% |
| 2022 | $3,979 +0.2% | $283,600 +0.9% |
| 2021 | $3,969 +0.5% | $280,933 +0.5% |
| 2020 | $3,950 -0.7% | $279,600 |
| 2019 | $3,978 +0.7% | $279,600 |
| 2018 | $3,950 -0.7% | $279,600 -0.7% |
| 2017 | $3,978 +6.9% | $281,700 |
| 2016 | $3,720 | $281,700 |
| 2015 | $3,720 | $281,700 -0.7% |
| 2014 | $3,720 | $283,800 +0.7% |
| 2013 | -- | $281,700 +0.8% |
| 2012 | -- | $279,600 -9.8% |
| 2011 | -- | $310,000 -9.5% |
| 2010 | -- | $342,510 |
| 2009 | -- | $342,510 -6.5% |
| 2008 | -- | $366,510 +24.3% |
| 2007 | -- | $294,790 +32.2% |
| 2006 | -- | $223,070 +47.4% |
| 2005 | -- | $151,350 +5.2% |
| 2004 | -- | $143,802 +5.5% |
| 2003 | -- | $136,256 +5.9% |
| 2002 | -- | $128,710 |
| 2001 | -- | $128,710 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 4.3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 8.1 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- High: Stephen Decatur
- District: Worcester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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