Residential - Active

508 EDGEWATER AVE, OCEAN CITY

$925,000.00

Bedroom 6 bedrooms
Bathroom 4 baths

  • MLS #: MDWO2015850
  • Address: 508 EDGEWATER AVE, OCEAN CITY, MD 21842
  • Date Listed: 8/18/2023
  • Days on Market: 189
  • SQFT: 3294
  • Acres: 0.110
  • Stipulations: Standard
  • Subdivision: NONE AVAILABLE
  • Zoning: R-2
  • Listing Agency: Berkshire Hathaway HomeServices PenFed Realty

Location Location

Agent Comments Agent Comments
508 Edgewater Avenue, Ocean City, MD. Bay views from all units. 3 Apartments, 6 bedrooms, 4 baths. Welcome to an extremely desirable vacation rental/investment property in downtown Ocean City. This charming property has 3 apartments, a fantastic downtown Ocean City location, in a tranquil bayside neighborhood less than 100 feet from the bay. The property has a long history of short-term and long-term rental revenue. It has no HOA. Apartment #1, 1st floor, is approximately 550 sq ft. It sleeps 4 and features 1 bedroom, 1 full bath, full kitchen, washer/dryer, and a spacious living area with picture window. Apartment #2, 1st floor, is approximately 1,000 sq ft. It sleeps 6 and features 2 bedrooms, 1 full bath, full kitchen, washer/dryer, and a large, covered porch. Apartment #3, 2nd floor, is approximately 1,700 sq ft. It sleeps additional persons due the oversized bedrooms and features 3 bedrooms, 2 full baths, full kitchen, separate washer/dryer, a very large living area, and a very large wrap-around sun deck. Step inside any of the 3 apartments and experience Ocean City charm. The spacious living areas in each apartment boast a stylish and comfortable atmosphere, feature practical seating, and beachy d├ęcor. Each fully equipped kitchen offers modern appliances and ample counter space for preparing meals. Parking is available for 4 cars. A public paid parking lot is close by. This exceptional property is a short distance to entertainment, pubs, shopping, beach, fabulous boardwalk, amusements, rides, and food. Located between 3rd and 4th streets (2 blocks away), the Ocean City Downtown Recreation Complex offers a lighted multipurpose ballfield, and a small ballfield appropriate for youth softball games, as well as a playground area. The complex also has basketball hoops and two hard tennis courts. The Ocean Bowl Skate Park is adjacent to the complex. Sold fully furnished.

Amenities Amenities
  • Water Heater
  • Washer/Dryer Stacked
  • Refrigerator
  • Oven/Range - Electric
  • Oven - Self Cleaning
  • Microwave
  • Dryer - Front Loading
  • Dryer - Electric
  • Disposal
  • Dishwasher

Interior Features Interior Features
  • Cool System: Multi Units
  • Heat System: Forced Air
  • Floors: 2
  • Fireplaces: 1
  • Interior: 2nd Kitchen, Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Tub Shower, Stall Shower, Wood Floors

Exterior Features Exterior Features
  • Parking: Driveway, Off Site, On Street
  • Siding: Asbestos, Batts Insulation, Copper Plumbing, Mixed Plumbing, Shingle Siding, Stick Built
  • Roof: Asbestos Shingle
  • Pool: No Pool
  • Exterior: Awning(s), Exterior Lighting, Gutter System

Additional Features Additional Features
  • New Construction: N
  • County: WORCESTER
  • Water View: Y
  • Water/Sewer: Public Sewer
  • Year Built: 1960