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Off market
  • Tax assessed value
    $6,589,533

    700 S Philadelphia Ave, Ocean City, MD 21842

    0beds
    0baths
    1.05Acres
    VacantLand
    Built in 2013
    1.05 Acres Lot
    $-- Zestimate®
    $1,736/sqft
    $1,675 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,675/mo

    Zestimate® history
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    $1,675/mo

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    $32,032/mo

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    What's special

    One of only two comercial lots on the market in Ocean City.A wide open zoning code makes this a developers dream. Located in the I1 inlet district- Division 25.Zoned for Multiple Uses.Property has Amazing Ocean and Bay Views Plus an Incredible View of Assateague Island. Southern Exposure with Panoramic Views Featuring Sunrises and Sunsets. One of the most incredible locations in Ocean City. For further information regarding permissable uses go to OceanCity.gov click on work tab drop down to city code and scroll down to city code chapter 110. Article IV Section 110-861.1 Permitted uses or e-mail Blaine Smith Zoning Administrator at BSmith@Oceancity.gov for more info. Brokered And Advertised By: Mark C Fritschle Listing Agent: James V Bacco

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 3,795 sqft

    Property

    Features
    • On waterfront: Yes
    Lot
    • Size: 1.05 Acres
    Details
    • Parcel number: 10026814

    Community & HOA

    Location
    • Region: Ocean City

    Financial & listing details

    • Price per square foot: $1,736/sqft
    • Tax assessed value: $6,589,533
    • Annual tax amount: $90,250

    Price history

    DateEventPrice
    7/15/2019Sold$6,000,000-32.6%$1,581/sqft
    Source: Public Record Report a problem
    6/17/2013Listing removed$8,900,000$2,345/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    7/14/2012Price change$8,900,000+160.6%$2,345/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    7/11/2012Price change$3,415,500-61.6%$900/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    4/24/2012Price change$8,900,000+283.6%$2,345/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    4/3/2012Price change$2,320,200-73.9%$611/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    3/28/2012Price change$8,900,000+449%$2,345/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    3/3/2012Price change$1,620,990-81.8%$427/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    1/27/2012Price change$8,900,000-24.7%$2,345/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    12/7/2011Listed for sale$11,823,840+587.4%$3,116/sqft
    Source: Condominium Realty, LTD #474743 Report a problem
    2/15/1996Sold$1,720,000$453/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$90,250 +7.6%$6,589,533 +10%
    2024$83,861 +4.5%$5,991,800 +5.2%
    2023$80,268 +5.5%$5,694,367 -5%
    2022$76,075 +5.6%$5,991,800 +17.5%
    2021$72,051 $5,099,500
    2020$72,051 -0.7%$5,099,500
    2019$72,545 -2.5%$5,099,500 -3.2%
    2018$74,412 +2.3%$5,267,700 +2.2%
    2017$72,757 +23.4%$5,152,767 +2.3%
    2016$58,969 $5,037,833 +2.3%
    2015$58,969 $4,922,900
    Find assessor info on the county website

    Neighborhood: Boardwalk/Inlet

    Nearby schools

    GreatSchools rating