Rarely available ocean block beach cottage just steps from the sand, featuring two spacious 3-bedroom, 1.5-bath units, each approximately 1,008 square feet, on a 5,000 sq ft lot in a prime midtown location. Very close to the beach, this property offers inviting front porches, ample rear parking, and the freedom of no HOA or condo fees. Zoned R-3A, it presents excellent redevelopment potential for up to three units. Ideal for investors or owner-occupants, live in one unit and rent the other for strong income potential. Close to top restaurants and nightlife, this is a rare opportunity to own a versatile coastal property with both lifestyle and investment appeal.
Sold for $900,000
$900,000
12506 Assawoman Dr, Ocean City, MD 21842
6beds
--baths
2,016sqft
Duplex
Built in 1966
-- sqft lot
$1,009,100 Zestimate®
$446/sqft
$1,816 Estimated rent
Home value
$1,009,100
$858,000 - $1.19M
$1,816/mo
Zestimate® history
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List your homeWhat's special
Ocean block beach cottageAmple rear parkingSteps from the sandInviting front porches
Zillow last checked:
Listing updated:
Listed by:
Ed Balcerzak JR. 443-497-4746,
Berkshire Hathaway HomeServices PenFed Realty-WOC
Bought with:
Nancy Reither, 585133
Coldwell Banker Realty
Source: Bright MLS,MLS#: MDWO2030292
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Central Air, Ductless, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
Property
Parking
- Total spaces: 6
- Parking features: Parking Lot
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Pool features: None
- Waterfront features: Oceanblock
Lot
- Size: 5,000 Square Feet
- Features: Cleared
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410152887
- Zoning: R-3A
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage,Coastal
- Property subtype: Duplex
Materials
- Frame
- Foundation: Block
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $446/sqft
- Tax assessed value: $674,967
- Annual tax amount: $8,829
- Date on market: 4/26/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $900,000-9.5%$446/sqft |
Source:  Bright MLS #MDWO2030292 Report a problem | ||
| 8/8/2025 | Contingent | $995,000$494/sqft |
Source: Bright MLS #MDWO2030292 Report a problem | ||
| 4/26/2025 | Listed for sale | $995,000+103.1%$494/sqft |
Source: Bright MLS #MDWO2030292 Report a problem | ||
| 3/18/2016 | Sold | $490,000+23.1%$243/sqft |
Source: Public Record Report a problem | ||
| 4/17/2011 | Listing removed | $398,000$197/sqft |
Source: Prudential Carruthers #468329 Report a problem | ||
| 9/4/2010 | Listed for sale | $398,000+37.2%$197/sqft |
Source: Prudential Carruthers Realtors #468329 Report a problem | ||
| 4/2/2002 | Sold | $290,000$144/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,244 +4.7% | $674,967 +7% |
| 2024 | $8,829 +6.8% | $630,833 +7.5% |
| 2023 | $8,270 | $586,700 |
| 2022 | $8,270 -0.2% | $586,700 |
| 2021 | $8,289 -0.9% | $586,700 -0.9% |
| 2020 | $8,363 +3% | $591,900 |
| 2019 | $8,120 +4.6% | $591,900 +7.7% |
| 2018 | $7,764 +4% | $549,633 +4% |
| 2017 | $7,462 -25.9% | $528,500 |
| 2016 | $10,070 | $528,500 |
| 2015 | $10,070 | $528,500 -0.4% |
| 2014 | $10,070 | $530,400 |
| 2013 | -- | $530,400 |
| 2012 | -- | $530,400 -36.8% |
| 2011 | -- | $839,150 |
| 2010 | -- | $839,150 |
| 2009 | -- | $839,150 -13.5% |
| 2008 | -- | $969,760 +30.5% |
| 2007 | -- | $742,992 +43.9% |
| 2006 | -- | $516,226 +78.3% |
| 2005 | -- | $289,460 +16.5% |
| 2004 | -- | $248,360 +19.8% |
| 2003 | -- | $207,260 +24.7% |
| 2002 | -- | $166,160 +4% |
| 2001 | -- | $159,746 |
Find assessor info on the county website
Neighborhood: North Ocean City
Nearby homes
- $---- bd-- ba-- sqft12506 Assawoman Dr FLOOR 2, Ocean City, MD 21842Off Market
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- $270,700-- bd2 ba901 sqft12508 Assawoman Dr UNIT 2N, Ocean City, MD 21842Off Market
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 6.5 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 9.9 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 9.6 mi
Schools provided by the listing agent
- 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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- Maryland
- Worcester County
- Ocean City
- 21842
- North Ocean City
- 12506 Assawoman Dr
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