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Sold for $600,000
  • $600,000

    608 Philadelphia Ave, Ocean City, MD 21842

    3beds
    --baths
    1,760sqft
    Duplex
    Built in 1955
    -- sqft lot
    $600,100 Zestimate®
    $341/sqft
    $1,967 Estimated rent

    Home value

    $600,100

    $546,000 - $660,000

    $1,967/mo

    Zestimate® history
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    $3,562/mo

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    $3,562/mo

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    What's special

    Just two blocks from the beach and boardwalk, this turn-key duplex at 608 Philadelphia Ave puts you right in the heart of one of the East Coast’s most consistently in-demand vacation markets. The property features a spacious 2-bedroom, 2-bath unit alongside a 1-bedroom plus den, 2-bath unit, creating multiple income strategies for savvy investors. Rent both units for maximum cash flow, keep one for personal use while the other helps offset ownership costs, or create the ideal setup for extended family and guests. Inside, both units offer bright, open living spaces, full kitchens, generous bedroom layouts, and the kind of comfortable coastal feel today’s renters are actively searching for. The flexible floorplans work equally well for short-term vacation rentals, seasonal stays, or year-round living. Outside, the location does the heavy lifting. Guests and tenants can easily walk to the beach, boardwalk, restaurants, bars, shopping, and entertainment without ever needing to move the car. Exactly the kind of convenience that drives repeat bookings and long-term demand in Ocean City. Whether you’re adding to your portfolio, looking for a beach property with built-in earning potential, or searching for a smarter way to own in OC, this property delivers the rare combination of location, flexibility, and income opportunity. Properties this close to the beach and boardwalk aren’t just real estate. They’re the kind investors wait for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Spike Sands 443-235-0489,

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Bought with:

    Damian Davis

    Brokers Realty Group, LLC

    Source: Bright MLS,MLS#: MDWO2038330MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Heat Pump, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,760
    • Total interior livable area: 1,760 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Off Street
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Deck
    • Exterior features: Sidewalks
    • Pool features: None
    Lot
    • Size: 2,040 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2410033268
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Coastal
    • Property subtype: Duplex
    Materials
    • Concrete, Stick Built
    • Foundation: Crawl Space
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Cable

    Community & HOA

    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $352,700
    • Annual tax amount: $4,238
    • Date on market: 5/13/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    • Total actual rent: 67000

    Price history

    DateEventPrice
    6/15/2026Sold$600,000-2.4%$341/sqft
    Source: Bright MLS #MDWO2038330 Report a problem
    5/16/2026Contingent$614,900$349/sqft
    Source: Bright MLS #MDWO2038330 Report a problem
    5/14/2026Listed for sale$614,900+284.3%$349/sqft
    Source: Bright MLS #MDWO2038330 Report a problem
    9/28/2011Sold$160,000-15.7%$91/sqft
    Source: Public Record Report a problem
    5/29/2011Listed for sale$189,900$108/sqft
    Source: Coldwell Banker Residential Brokerage - Ocean City/120th St #472900 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,238 +13.8%$309,400 +16.3%
    2024$3,724 +18.6%$266,100 +19.4%
    2023$3,141 +0.4%$222,800
    2022$3,129 +0.1%$222,800 +0.8%
    2021$3,124 +0.4%$221,133 +0.4%
    2020$3,113 +9.2%$220,300
    2019$2,851 +11.8%$220,300 +22%
    2018$2,551 +12.4%$180,567 +12.4%
    2017$2,269 -31.9%$160,700 +1.3%
    2016$3,330 $158,633 +1.3%
    2015$3,330 $156,567 +1.3%
    2014$3,330 $154,500
    2013-- $154,500
    2012-- $154,500 -44.3%
    2011-- $277,540
    2010-- $277,540
    2009-- $277,540 -54.3%
    2008-- $607,730 +36.1%
    2007-- $446,516 +56.5%
    2006-- $285,303 +129.9%
    2005-- $124,090 +10.1%
    2004-- $112,746 +11.2%
    2003-- $101,403 +12.6%
    2002-- $90,060
    2001-- $90,060
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ocean City
    • Middle: Stephen Decatur
    • 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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    $600,100
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    With Zillow Showcase(estimated)
    $612,102