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Sold for $1,300,000
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  • $1,300,000

    5 137th St #A, Ocean City, MD 21842

    1beds
    899sqft
    SingleFamily
    Built in 1960
    6,534 Square Feet Lot
    $1,153,700 Zestimate®
    $1,446/sqft
    $1,683 Estimated rent

    Home value

    $1,153,700

    $1.02M - $1.29M

    $1,683/mo

    Zestimate® history
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    What's special

    Looking to build on an ocean view lot? Want to develop up to four units? Want to restore an old home? If any of that interest you, this may be "the one." This 6,500 sq. ft. ocean view lot is waiting for you. With the beach access at the end of 137th Street, this property will always see the ocean. The property is being sold "as-is" for lot value. If designed properly, dwellings on the back lot could each have direct ocean views. Let your imagination run wild. Truly, this is a one of kind opportunity ready for the taking. Located just one block off Coastal Highway in North Ocean City, this property is minutes to restaurants, mini-golf, shopping, multiplex movie theater, and everything Ocean City is famous for. Additionally, you'll be living 3/4 of a mile to the Delaware border, where tax-free shopping and dining are cornerstones for beach life. Survey available upon request. This property is being offered as an individual lot, or in combination with the ocean front lot directly across the street for $3.5M.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 899 sqft

    Property

    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 10770184

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Conventional
    Materials
    • Roof: Metal
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $1,446/sqft
    • Tax assessed value: $883,967

    Price history

    DateEventPrice
    11/6/2024Sold$1,300,000-18.8%$1,446/sqft
    Source: Public Record Report a problem
    5/6/2021Listing removed--
    Source: Keller Williams Report a problem
    3/5/2021Listed for sale$1,600,000$1,780/sqft
    Source: Keller Williams Realty #MDWO120586 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $883,967 +46.5%
    2024$8,447 -5.4%$603,500 -4.7%
    2023$8,926 $633,200
    2022$8,926 -0.2%$633,200
    2021$8,946 -0.4%$633,200 -0.4%
    2020$8,986 +3.4%$636,000
    2019$8,692 +5%$636,000 +8.5%
    2018$8,277 +4.5%$585,933 +4.5%
    2017$7,920 -23%$560,900 +2.5%
    2016$10,283 $547,267 +2.6%
    2015$10,283 $533,633 +2.6%
    2014$10,283 $520,000
    2013-- $520,000
    2012-- $520,000 -39.3%
    2011-- $856,880
    2010-- $856,880
    2009-- $856,880 -12.4%
    2008-- $977,810 +25.3%
    2007-- $780,192 +33.9%
    2006-- $582,576 +51.3%
    2005-- $384,960 +19%
    2004-- $323,360 +23.5%
    2003-- $261,760 +30.8%
    2002-- $200,160 +1%
    2001-- $198,200
    Find assessor info on the county website

    Neighborhood: North Ocean City

    Nearby schools

    GreatSchools rating
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    $1,153,700
    2% more
    +$23,074
    With Zillow Showcase(estimated)
    $1,176,774