tomo logo

$1,399,900

Beds
4
Baths
3.0
sq ft
3,796

106 5th St, Ocean City, MD 21842

106 5th St

OCEAN CITY, MD 21842

  • 25 days on market
Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!

Details

Property type

Single Family Residence

Lot size

3,344 sq ft

Price per sq ft

$369

Year built

2011

Annual property taxes

$9,754

HOA

No

Price History

03/05/2025
Bright

Bright #MDWO2029018

Listed
$1,399,900

Schools & Community

Neighborhood: 

Boardwalk/Inlet

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

WORCESTER COUNTY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 03/31/2025 at 3:10 PM

Listing updated: 03/24/2025 at 2:11 PM

Listed by: Kevin E Decker, Coastal Life Realty Group LLC Phone #: (443) 552-7579

MLS: Bright #MDWO2029018

Bright logo