About This Home

This 0-bedroom, 0-bathroom other at 1210 PHILADELPHIA Avenue in Ocean City, MD is listed for $2,900,000. Built in 1968, on a 0.25 acres lot.

Key Features

  • Built in 1968
  • 0.25 acre lot
  • 16 parking spaces

Property Details

16 spaces
1968

Amenities

A/C
Listing Description

"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelop

ment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment.

Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.

Monthly Cost Estimate

$15,510/mo

20% down · 6.5% · 30 years

Principal$2,097
Interest$12,567
Insurance$846

Estimates only. Actual payments may vary.

Location

1210 PHILADELPHIA Avenue

Ocean City, MD 21842

Property Details

Construction

Combination Wood Siding

Parking

Parking Lot

Cooling

Wall Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 1210 PHILADELPHIA Avenue is listed at $2,900,000. The estimated monthly payment is $15,510 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968, 0.25 acre lot, 16 parking spaces.

This property is listed by Grace Masten and can be reached at 4102504433.

GM

Grace Masten

Agent at Sea Grace @ North Beach Realtors

(410) 250-4433

Listed by Sea Grace @ North Beach Realtors

MLS# MDWO2038400· Source: listhub· 56 days on market

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1210 PHILADELPHIA Avenue, Ocean City, MD 21842

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