$1,199,900
304 15th St, Ocean City, MD, 21842
2,532
Square feet
0.13
Acres
Exceptional opportunity to own a waterfront 2-unit property in the heart of Ocean City with 2 private boat slips and strong appeal for investors, second-home buyers, or those seeking flexible multi-generational use. Comprised of a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, this renovated R-2 property offers versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. In addition to the 2 private boat slips, highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, private garage, and extensive recent improvements. A private deck on the lower unit overlooks the water and fenced-in yard. Inside, both kitchens have been recently renovated, along with new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table. Located within walking distance to the beach, boardwalk, dining, shopping, and entertainment, this is a rare chance to market a true multi-family waterfront asset in a prime Ocean City location. With over $110,000 rental income, this is a rare chance to own a versatile waterfront property in with built-in flexibility and long-term value.
Listing Details
| Office | ERA Martin Associates, Shamrock Division |
|---|
Facts & Features
| MLS® # | MDWO2037804 |
|---|---|
| Price | $1,199,900 |
| Bathrooms | 0.00 |
| Square Footage | 2,532 |
| Acres | 0.13 |
| Year Built | 1956 |
| Type | Multi-Family |
| Sub-Type | Duplex,Detached |
| Style | Cape Cod |
| Status | Active |
Community Information
| Address | 304 15th St |
|---|---|
| Area | Bayside Waterfront |
| Subdivision | NEPTUNE DEVELOPMENT |
| City | Ocean City |
| County | WORCESTER-MD |
| State | MD |
| Zip Code | 21842 |
| Senior Community | No |
Amenities
| Amenities | Attic, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Entry Level Bedroom, Pantry, Recessed Lighting, Upgraded Countertops, Window Treatments |
|---|---|
| Utilities | Cable TV, Natural Gas Available, Propane |
| Parking | Concrete Driveway, Private |
| # of Garages | 1 |
| Garages | Additional Storage Area, Garage - Side Entry |
| View | Canal |
| Is Waterfront | Yes |
| Waterfront | Canal |
Interior
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C, Wall Unit |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Block, Frame, Stick Built |
|---|---|
| Exterior Features | BBQ Grill,Exterior Lighting,Flood Lights,Gutter System,Secure Storage,Balcony,Deck(s),Enclosed,Porch(es),Screened |
| Lot Description | Bulkheaded, Fishing Available, Other |
| Roof | Architectural Shingle |
| Construction | Block, Frame, Stick Built |
| Foundation | Block, Crawl Space |
| Other Structures | 10000001172 |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | OCEAN CITY |
| Middle | STEPHEN DECATUR |
| High | STEPHEN DECATUR |
Additional Information
| Date Listed | April 16th, 2026 |
|---|---|
| Days on Market | 142 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
