Here is your opportunity to own one of only a few properties in Ocean City that can accommodate 40 guests under one roof!! This property is a multi-family building that has been completed renovated in downtown Ocean City. Set up as a duplex with 6 bedrooms, 3 bathrooms, 2 kitchens, and 2 laundry rooms on each side! Each side comfortably sleeps 20 guests. Combined, this property has 12 bedrooms, 6 bathrooms, 4 kitchens and 4 baths; sleeping 40 total! Maintenance free exterior with cedar siding and composite decking/vinyl rails. Currently the property is used as a duplex, but has the option for a lockout basement, making 4 total units if desired. Brand new HVAC throughout in 2022. This property consistently brings in > $300,000 in rental income each year! There are still a lot of holes to fill in the calendar and we are currently at $318,226 on the books for this season. This house prints money!! If interested in using this property as a rental, the current property management company charges 12% of the nightly rate if the new owner has interest in continued rental success and a seamless transition. 2024 Rentals must be honored.
Sold for $2,467,500
$2,467,500
712 N Baltimore Ave, Ocean City, MD 21842
12beds
4,209sqft
Townhouse
Built in 1930
3,250 Square Feet Lot
$2,465,000 Zestimate®
$586/sqft
$4,718 Estimated rent
Home value
$2,465,000
$2.22M - $2.74M
$4,718/mo
Zestimate® history
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$4,718/mo
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$4,718/mo
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$11,995/mo
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$11,995/mo
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List your homeWhat's special
Maintenance free exteriorComposite deckingVinyl railsCedar siding
Zillow last checked:
Listing updated:
Listed by:
JOHN R. CLARK 301-549-2208,
Taylor Properties
Bought with:
Tamar Nazarian, 658866
Coastal Life Realty Group LLC
Source: Bright MLS,MLS#: MDWO2021360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
- Main level bathrooms: 2
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Ductless, Central Air, Electric
Appliances
- Included: Microwave, Electric Water Heater
Features
- Dry Wall
- Flooring: Laminate
- Has basement: No
- Number of fireplaces: 2
Interior area
- Total structure area: 4,209
- Total interior livable area: 4,209 sqft
- Finished area above ground: 4,209
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, On Street, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanblock
Lot
- Size: 3,250 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410033705
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Coastal
- Property subtype: Townhouse
Materials
- Shingle Siding
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1930
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $586/sqft
- Tax assessed value: $668,267
- Annual tax amount: $8,700
- Date on market: 6/6/2024
- Listing agreement: Exclusive Agency
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2025 | Sold | $2,467,500-11.9%$586/sqft |
Source:  Bright MLS #MDWO2021360 Report a problem | ||
| 10/13/2024 | Contingent | $2,799,999$665/sqft |
Source: Bright MLS #MDWO2021360 Report a problem | ||
| 10/11/2024 | Price change | $2,799,999-3.4%$665/sqft |
Source: Bright MLS #MDWO2021364 Report a problem | ||
| 9/4/2024 | Price change | $2,899,999-3.3%$689/sqft |
Source: Bright MLS #MDWO2021360 Report a problem | ||
| 6/6/2024 | Listed for sale | $2,999,999+0%$713/sqft |
Source: Bright MLS #MDWO2021360 Report a problem | ||
| 12/15/2023 | Listing removed | -- |
Source: Bright MLS #MDWO2017630 Report a problem | ||
| 11/17/2023 | Listed for sale | $2,999,990+54.6%$713/sqft |
Source: Bright MLS #MDWO2017630 Report a problem | ||
| 1/10/2022 | Sold | $1,940,000+96.2%$461/sqft |
Source: Public Record Report a problem | ||
| 10/8/2021 | Listed for sale | $989,000+117.4%$235/sqft |
Source: Bright MLS #MDWO122424 Report a problem | ||
| 6/5/2015 | Sold | $455,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,460 +5% | $836,767 +7.3% |
| 2024 | $10,914 +6.9% | $779,800 +7.7% |
| 2023 | $10,206 +8.3% | $724,033 -7.2% |
| 2022 | $9,420 +8.3% | $779,800 +26.7% |
| 2021 | $8,699 +0.5% | $615,700 +0.5% |
| 2020 | $8,654 +10.5% | $612,500 |
| 2019 | $7,834 +13.4% | $612,500 +25.3% |
| 2018 | $6,905 +14.5% | $488,833 +14.5% |
| 2017 | $6,029 -23.1% | $427,000 |
| 2016 | $7,841 | $427,000 |
| 2015 | $7,841 | $427,000 -2.2% |
| 2014 | $7,841 | $436,800 |
| 2013 | -- | $436,800 |
| 2012 | -- | $436,800 -33.1% |
| 2011 | -- | $653,390 |
| 2010 | -- | $653,390 |
| 2009 | -- | $653,390 |
Find assessor info on the county website
Neighborhood: Boardwalk/Inlet
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Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 1.5 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 5.9 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- 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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- Maryland
- Worcester County
- Ocean City
- 21842
- Boardwalk/Inlet
- 712 N Baltimore Ave
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