Commercial - Active

1617 SAINT LOUIS AVE AVENUE, OCEAN CITY

$1,600,000.00

Bedroom bedrooms

  • MLS #: MDWO2030988
  • Address: 1617 SAINT LOUIS AVE AVENUE, OCEAN CITY, MD 21842
  • Date Listed: 5/23/2025
  • Days on Market: 17
  • SQFT: 3685
  • Acres: 0.11
  • Stipulations: Standard
  • Subdivision: NEPTUNE DEV
  • Zoning: R-2
  • Listing Agency: Coldwell Banker Realty

Location Location

Agent Comments Agent Comments
Waterfront Multi-Unit Investment Opportunity Prime OC Location

Dont miss this rare chance to own a waterfront 6-unit income-producing property in the heart of Ocean City, just two blocks from the world-famous White Marlin Open.

This well-maintained building includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently operating as long-term rentals with solid tenant history and consistent cash flow.

Situated directly on the water, the property provides excellent appeal for both current tenants and potential short-term rental conversion. The unbeatable location places you just short walk from the beach, Boardwalk, dining, and entertainment, making it ideal for maximizing rental demand.

Whether youre looking to expand your portfolio or break into the Ocean City market, this property offers strong income potential with room to grow.


Interior Features Interior Features
  • Cool System: Window Unit(s)
  • Heat System: Baseboard - Electric
  • Floors: 3

Exterior Features Exterior Features
  • Parking: 6
  • Roof: Architectural Shingle

Additional Features Additional Features
  • New Construction: N
  • County: WORCESTER
  • Property Type: Apartment Building
  • Waterfront Features: Natural Gas
  • Water View: N
  • Water/Sewer: Public Sewer
  • Year Built: 1950