12304 Coastal Highway, Ocean City, MD 21842-4780 $1,499,950

Beds/Baths: 8/4
Interior Sq. Ft: 2,912
Acreage: 0.23
Age:63 years
MLS#: MDWO2011202
Subdivision: None Available


This 4 unit building and additional lot are ready to go with everything being completely remodeled down to the studs and the electric all the way from the pole. New roof, siding, windows and doors were placed on the outside and the stairs were rebuilt to accommodate additional storage for each unit. Three head split units keep the temperature at your demand and a surrounding fence and storage unit makes the property very easy to manage. Continue to rent out this income producing property through 2023 as per the contract, but then use the unit at your leisure. Better yet, purchase the property as a primary residence, and let three additional units pay your mortgage. One day in the future, you can build an additional two units even with a garage underneath on the addition lot that is part of the sale. Possibilities are endless. Professional Photos to come

Taxes: $10,529
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: N
Pool: No Pool
School Dist: Worcester County Public Schools
High School: Stephen Decatur


Heating - None, Electric, None, None, Hot Water - Electric, Public Water, Public Sewer, No Laundry

Parking Lot

Accessibility - 2+ Access Exits

Stick Built Exterior

Middle Of Block, City View, Ocean View

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This report is a detailed community overview for Ocean City (21842), Maryland.

Community Quick Facts

  • Average travel time to work for people in this community: 22
  • Average salary of people in this community: $47,621

Community Summary

  • Population Density (ppl / mile): 684
  • Household Size (ppl): 2.04
  • Households w/ Children: 20%

Housing Inventory

  • Owned: 3,807 (11.6%)
  • Rented: 1,382 (4.2%)
  • Vacant: 27,735 (84.2%)
  • Total: 32,924

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 10,669
Households: 5,189
Median Age: 53.10

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.



Highest Level of Education Attained

  • Less than 9th Grade: 3.4%
  • Some High School: 5.5%
  • High School Graduate: 28.9%
  • Some College: 21.6%
  • Associate Degree: 7.9%
  • Bachelor's Degree: 20.7%
  • Graduate Degree: 12.0%

Income by dollar range

Median Income: $55,177

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $718
  • One Bedroom: $734
  • Two Bedroom: $1,091
  • Three Bedroom: $1,333

© 2023 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Coldwell Banker Realty , (410) 524-1203

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/26/2023.

12304 Coastal Highway, Ocean City, MD 21842-4780

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