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.
Sold for $1,300,000
Street View
$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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$1,683/mo
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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
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Sold | $1,300,000-18.8%$1,446/sqft |
Source: Public Record Report a problem | ||
| 5/6/2021 | Listing removed | -- |
Source: | ||
| 3/5/2021 | Listed for sale | $1,600,000$1,780/sqft |
Source: Keller Williams Realty #MDWO120586 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 homes
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 7.3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 10.5 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 10.2 mi
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$1,153,700
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$1,176,774
- Maryland
- Worcester County
- Ocean City
- 21842
- North Ocean City
- 5 137th St Unit A