Description
Rare Ocean City Investment Opportunity! Prime R-2 zoned vacant lot just a short stroll to the Atlantic Ocean, sandy beaches, and the world-famous Ocean City Boardwalk. This spacious 0.10-acre parcel offers an exceptional opportunity to build in one of Maryland's most sought-after resort destinations. The true value of this property lies in its R-2 zoning, providing the potential for two investment properties (subject to Town approvals and applicable development requirements)-a rare and highly desirable opportunity in a market where buildable land is increasingly scarce. Whether you're a developer, investor, or buyer looking to maximize rental income, this property offers outstanding flexibility and long-term appreciation potential. Imagine creating two income-producing vacation homes, year-round residences, or a combination of personal enjoyment and rental investment, all within walking distance of Ocean City's beautiful beach, iconic Boardwalk, restaurants, shopping, and entertainment. Don't miss your chance to own one of the few remaining buildable R-2 lots in this premier beach resort. Invest in location, invest in flexibility, and invest in the future of Ocean City.
Details
| MLS # | MDWO2040098 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 42 |
| Listing Provided By | Coastal Life Realty Group LLC | Brian Foley |
Features
| Zoning | R-2 |
|---|---|
| Acreage | 0.10 |
Exterior
| Lot Features | Cleared |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 2684 |
|---|
Area Information
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Bayside Interior (83) |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21842) | |
Price: $325,000 low | high Med: $459,900 On site: 42 low | high Med: 154 | |
Market Activity 21842
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Learn More About This Property
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Bayside Interior (83) |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21842) | |
Price: $325,000 low | high Med: $459,900 On site: 42 low | high Med: 154 | |
