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Home/Real Estate/Worcester/Ocean City/21842/None Available/503 N BALTIMORE AVE, OCEAN CITY, MD 21842-3900, UNITED STATES
MLS# MDWO2041948Listed by Coastal Life Realty Group LLC
503 N BALTIMORE AVE, OCEAN CITY, MD 21842
$1,300,000Active
9Beds
5Baths
4,728Sq Ft
0.16Acres
About This Property
Rare opportunity to own a versatile five-unit property in the heart of downtown Ocean City, Maryland, just one block from the famous Ocean City Boardwalk and beach! Located at 503 Baltimore Avenue, this charming coastal property offers incredible potential as a multi-unit investment property or the opportunity to convert the building into a spacious single-family beach home. The building currently…
Key Facts
StatusActive
MLS #MDWO2041948
Property TypeResidential
Days on Market3
Year Built1935
StyleOther
Levels / Stories4
New ConstructionNo
OwnershipFee Simple
Tax ID2410032717
ZoningR-3A
Interior
Living Area4,728 sq ft
Above Grade Fin.4,728 sq ft
Interior Features2nd Kitchen, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Wood Floors, Other
AppliancesDryer, Dishwasher, Exhaust Fan, Microwave, Stove, Washer, Refrigerator
FireplaceYes (1)
Fireplace FeaturesOther
BasementNo
FlooringCeramicTile, Hardwood
Exterior & Lot
Lot Size0.16 acres
ConstructionFrame, Stick Built
RoofShingle
FoundationBlock
Other StructuresAbove Grade, Below Grade
PoolNo Pool
WaterfrontNo
Water ViewNo
Water AccessNo
Navigable WaterNo
Parking
GarageNo
Parking TypesOff Street, On Street
Utilities
HeatingYes
Heating TypeHeat Pump(s)
Heating FuelElectric
Central AirNo
Cooling TypeWindow Unit(s)
Cooling FuelElectric
Hot WaterElectric
Water SourcePublic
SewerPublic Sewer
Taxes & Assessment
Annual Taxes$15,170 / 2026
Assessed Value$1,115,767 / 2026
County Tax$9,094
City / Town Tax$4,826
Community & Schools
CountyWORCESTER-MD
SubdivisionNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
HOANo
Senior CommunityNo
Pets AllowedNo Pet Restrictions
Location & Nearby Businesses
503 N Baltimore Ave, Ocean City, MD 21842-3900, United States
Get Driving DirectionsSource: Real Estate Property Source Bright MLS
Est. Monthly Payment
$6,574/mo
Home Price$1,300,000
Down Payment (20%)$260,000
Loan Amount$1,040,000
Interest Rate (est.)6.50%
Loan Term30 Years
* Estimate reflects principal & interest only — excludes property taxes, homeowners insurance, mortgage insurance, and any HOA/condo dues if applicable, all of which affect your actual payment. Contact a mortgage professional for additional figures.
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