Ocean City, MD 21842 1617 Saint Louis Avenue

1617 Saint Louis Avenue Ocean City, MD - Image 11617 Saint Louis Avenue Ocean City, MD - Image 21617 Saint Louis Avenue Ocean City, MD - Image 3
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Presented By: Coldwell Banker Realty
  • MLS# MDWO2030988
  • 05/21/2025
  • Request Tour
  • Request Info
  • SQFT • 3,860

Home Details

Waterfront Multi-Unit Investment Opportunity Prime OC Location Dont miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open. This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow. Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand. Whether youre looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.
Presented By: Coldwell Banker Realty

Interior Features for 1617 Saint Louis Avenue

Other Interior Features

Central Air Y/NNo
FlooringLaminated
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 1617 Saint Louis Avenue

Acceptable FinancingCash, Conventional, Seller Financing
Accessibility2+ Access Exits
Association Recreation FeeN
Business TypeApartment Building
CityOCEAN CITY
Construction MaterialsVinyl Siding, Stick Built
Cool FuelElectric
CoolingWindow Unit(s)
CountyWORCESTER
DirectionsRoot 50 East to OCean City Left on 17th St through light to St. Louis Ave. Unit on Rt.
HeatingBaseboard - Electric
Historic Y/NNo
Legal SubdivisionNEPTUNE DEV
Location TypeDowntown
Lot Size Square Feet5000.00
Lot Size UnitsSquare Feet
MLS AreaBayside Waterfront (84)
ModificationTimestamp2025-05-30T19:48:08
MunicipalityOcean City
New ConstructionNo
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG434.19
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofArchitectural Shingle
Security FeaturesSurveillance Sys
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount8250.0
Tax Assessed Value720000.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningR-2

Exterior for 1617 Saint Louis Avenue

Building Area Total3685.00
Car Parking Spaces6
Land Assessed Value0.00
Land Use CodeM
Lot Dimensions0.00 x 0.00
Lot Size Acres0.11
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road Frontage Length50
Road Surface TypeConcrete
Total Loading Docks0
Total Parking Spaces6
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $1,600,000
MLS#MDWO2030988
List Date 05/21/2025
Property Type Commercial
Phone 571.207.5186
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