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About This Home

This 5-bedroom, 4-bathroom single family at 304 15TH Street in Ocean City, MD is listed for $1,199,900 ($474 per sqft). Built in 1956, the home offers 2,532 sqft of living space on a 0.13 acres lot.

Agent Description

Rare opportunity to own a direct bayside waterfront 2-unit property in Downtown Ocean City, just blocks from the beach, boardwalk, dining, and attractions. The property features two separate units: a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, offering flexibility for multi-generational living, extended family use, personal enjoyment, or rental income.

There may also be potential for additional living space or rental income through the detached garage, pending zoning and other applicable approvals. Both units feature remodeled kitchens with granite countertops, custom cabinetry, tile backsplashes, and separate washers and dryers.

Enjoy beautiful canal and bay views from the sunroom, balcony, and large waterfront composite deck. Additional highlights include 2 private boat slips, outdoor space for entertaining, and a detached garage for storage of all your beach and boating gear. With approximately $110,000 in annual rental income over the past two years, this is a rare waterfront opportunity with exceptional versatility.

Key Features

  • Built in 1956
  • 0.13 acre lot
  • 2 stories
  • 4 parking spaces
  • Waterfront

Property Details

2 stories
4 full
4 spaces
1956

Amenities

WaterfrontA/C

Monthly Cost Estimate

$6,417/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

304 15TH Street

Ocean City, MD 21842

NEPTUNE DEVELOPMENT

Features & Amenities

Interior Features

Entry Level BedroomDining Area2nd KitchenCarpetCeiling Fan(s)Window TreatmentsAtticChair RailingsCrown MoldingsKitchen - Table SpacePantryRecessed LightingUpgraded Countertops

Property Details

Construction

Block Stick Built Frame

Parking

Garage - DetachedOn StreetDrivewayOff Street

Heating

Heat Pump (Heating)

Cooling

Central AirWall Unit(s)

Appliances

DishwasherRefrigeratorStoveMicrowaveWasherDryer

Questions & Answers

This 5-bedroom, 4-bathroom single family at 304 15TH Street is listed at $1,199,900 ($474/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.13 acre lot, 2 stories, 4 parking spaces, Waterfront. Interior Features: Entry Level Bedroom, Dining Area, 2nd Kitchen.

This property is listed by Brittani Phillips and can be reached at 4435045281 or brittani.phillips@era.com.

BP

Brittani Phillips

Agent at ERA Martin Associates, Shamrock Division

(443) 504-5281

Listed by ERA Martin Associates, Shamrock Division · View on Broker Site

MLS# MDWO2037052· Source: listhub· Updated 74 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

304 15TH Street, Ocean City, MD 21842

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