0 137Th Street

Ocean City, MD
$ 3,500,000 Beds 1 Baths 1 Sq 899 Virtual Tour
Monthly Estimate* How much can I afford?

It's finally happened. One of the last parcels of undeveloped oceanfront property in North Ocean City is available. It's time to build your dream home or build multiple homes! Yes, this offering includes two lots, both zoned for multiple dwellings. The ocean front lot provides the extremely rare opportunity for direct ocean views on both the east and north facing sides of the property and is zoned for either one or two dwellings. With 3,500 sq. ft. of buildable space on a 10,000 sq. ft. lot, your direct ocean view will always be yours. Step out your back door and onto the beach. Can it get better than that? Yes! The second lot, located directly behind the ocean front lot, is 6,500 sq. ft. and zoned for up to five additional units. While this parcel has a house located on the property, the property is being sold "as-is" for lot value. If designed properly, dwellings on the back lot could each have direct ocean views. Between the two lots, you can build up to six dwellings. Let your imagination run wild. Build a single-family ocean front home or build two "twin" ocean front townhomes. Want a private pool? Use the second lot to build overflow guest suites, a pool with pool house and spa, and/or additional parking. Truly, this is a one of kind opportunity ready for the taking. Located just one block off Coastal Highway in North Ocean City, this property is minutes to restaurants, mini-golf, shopping, multiplex movie theater, and everything Ocean City is famous for. Additionally, you'll be living 3/4 of a mile to the Delaware border, where tax-free shopping and dining are cornerstones for beach life. Survey available upon request.

Single Family

  • Price
  • $ 3,500,000
  • Lot Size
  • 3,485 SqFt
  • Bedrooms
  • 1
  • Sqr Footage
  • 899
  • Full Bathrooms
  • 1
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • $ 9982
  • County
  • WORCESTER
  • Style
  • Cabin/Lodge,Cottage,Craftsman
  • Area
  • Ocean Block
  • MLS#
  • MDWO119334
  • Zip
  • 21842
Listing Provided by: Keller Williams Realty
Data Source: Bright MLS

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Additional Parcels Y/N Yes
Architectural Style Cabin/Lodge, Cottage, Craftsman
Association Y/N No
Bathrooms Count Main Level 1.00
Bathrooms Full Main Level 1
Building Name NONE AVAILABLE
Condo/Coop Association Y/N No
Construction Materials Frame
Cool Fuel Electric
Cooling None
County WORCESTER
Days on Market 151
Garage Y/N No
Heating Other
High School District WORCESTER COUNTY PUBLIC SCHOOLS
Legal Subdivision FENWICK ISLAND CITY
Levels 1
Location Type Oceanfront
MLS Area Ocean Block (82)
Municipality Ocean City
New Construction No
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 3893.21
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Structure Type Detached
Subdivision Name NONE AVAILABLE
Tax Annual Amount 9982.0
Tax Year 2020
Vacation Rental Y/N No
View Ocean
Water Access Y/N Yes
Water Body Name Atlantic Ocean
Zoning R-3

Interior Features

Above Grade Finished Area 899
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Basement Y/N No
Below Grade Finished Area Source Estimated
Below Grade Finished Area Unit Type Square Feet
Below Grade Unfin Area Units Square Feet
Central Air Y/N No
Full Baths 1
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Living Area 899
Main Level Bedrooms 1
Total Baths 1
Total Bedrooms 1

Exterior Features

Lot Dimensions 50' x 200' (oceanfront lot) 50' x 130' (ocean view lot)
Lot Features Additional Lot(s), Corner
Lot Size Acres 0.08
Lot Size Source Assessor
Lot Size Square Feet 3500.00
Navigable Water Y/N Yes
Pool Y/N No Pool
Type of Parking On Street, Other
Water Body Type Ocean
Water Oriented Y/N Yes
Water Source Public
Water View Y/N Yes
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/7/2021 Listed $3,500,000

Property vs Zip Code Average in 21842

Price
AVG $1.44M
$3.5M
Taxes
AVG $6,475
$9,982
Visits
AVG 143
279
Year Built
AVG 1984
1960
Walkscore
AVG 29
43
Data Provided by Walkscore ® not using MLS data

Map

0 137Th Street Ocean City, MD is a Single Family Home for sale at $3500000 with 899 sqft and a lot size of 3,485 SqFt Acre(s). 0 137Th Street Ocean City has 1 bedrooms, 1 baths and was built in 1960. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.