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Sold for $1,173,115
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  • $1,173,115

    12304 Coastal Hwy, Ocean City, MD 21842

    8beds
    2,912sqft
    Apartment
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $403/sqft
    $2,310 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,310/mo

    Zestimate® history
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    $7,055/mo

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    What's special

    This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Kotwica 724-840-0572,

    Coldwell Banker Realty

    Bought with:

    Kimberly Heaney, 641088

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    Source: Bright MLS,MLS#: MDWO2011202MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Basement
    • Area: 0
    Heating
    • None, Electric
    Cooling
    • Ductless
    Appliances
    • Included: Electric Water Heater
    • Laundry: None, In Unit
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,912
    • Total interior livable area: 2,912 sqft
    • Finished area above ground: 2,912
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Has view: Yes
    • View description: City, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 10,000 Square Feet
    • Features: Middle Of Block
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 10152046
    • Zoning: R-3A
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Coastal
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Stick Built
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $403/sqft
    • Tax assessed value: $757,200
    • Annual tax amount: $10,529
    • Date on market: 11/11/2022
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/14/2024Sold$1,173,115-6.2%$403/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    1/31/2024Pending sale$1,250,000$429/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    12/5/2023Contingent$1,250,000$429/sqft
    Source: Bright MLS #MDWO2011662 Report a problem
    10/16/2023Price change$1,250,000-16.7%$429/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    10/7/2023Listed for sale$1,499,9500%$515/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    9/2/2023Contingent$1,499,999$515/sqft
    Source: Bright MLS #MDWO2011662 Report a problem
    8/7/2023Price change$1,499,999+0%$515/sqft
    Source: Bright MLS #MDWO2011662 Report a problem
    8/7/2023Listed for sale$1,499,950$515/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    7/10/2023Contingent$1,499,950$515/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    3/19/2023Price change$1,499,9500%$515/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    2/15/2023Price change$1,499,999-3.2%$515/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    1/1/2023Price change$1,550,000-2.5%$532/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    11/11/2022Listed for sale$1,590,000+67.5%$546/sqft
    Source: Bright MLS #MDWO2011202 Report a problem
    10/1/2019Listing removed$949,000$326/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #1002121808 Report a problem
    6/15/2019Price change$949,000+26.6%$326/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City-123rd #1002121808 Report a problem
    9/26/2018Price change$749,900-3.2%$258/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #1002121808 Report a problem
    7/29/2018Listed for sale$775,000$266/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #1002121808 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: North Ocean City

    Nearby schools

    GreatSchools rating
    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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