Skip main navigation
Sold
  • $940,000

    508 Edgewater Ave, Ocean City, MD 21842

    16beds
    --baths
    3,294sqft
    Triplex
    Built in 1960
    -- sqft lot
    $990,300 Zestimate®
    $285/sqft
    $-- HOA

    What's special

    508 Edgewater Avenue, Ocean City, MD. Unique Investment Property. 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, 1 st 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, 1 st 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, 2 nd 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 décor. 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.

    Zillow last checked: 7 hours ago

    Listing updated: November 30, 2023 at 05:01am

    Listed by:

    Mechelle Nichols 410-430-1575,

    Berkshire Hathaway HomeServices PenFed Realty

    Bought with:

    Mechelle Nichols, RS0025254

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: MDWO2015792MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    Basement
    • Area: 0
    Heating
    • Forced Air, Other, Natural Gas
    Cooling
    • Central Air, Multi Units, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Dual Flush Toilets, Double Oven, Self Cleaning Oven, Refrigerator, Cooktop, Washer, Washer/Dryer Stacked, Water Heater, Electric Water Heater
    Features
    • 9'+ Ceilings, Cathedral Ceiling(s), Dry Wall, Paneled Walls, Wood Ceilings, Wood Walls
    • Flooring: Bamboo, Carpet, Ceramic Tile, Hardwood, Laminate
    • Doors: Six Panel, Insulated, Sliding Glass, Storm Door(s)
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,294
    • Total interior livable area: 3,294 sqft

    Property

    Parking
    • Parking features: Concrete, Driveway, Off Site, Off Street, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Awning(s), Outdoor Shower, Storage, Balcony
    • Pool features: None
    • Has view: Yes
    • View description: Bay, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Bayblock, Bay
    Lot
    • Size: 5,000 sqft
    • Features: Cleared, Corner Lot, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade, Outbuilding
    • Parcel number: 2410032938
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Coastal
    • Property subtype: Triplex
    Materials
    • Asbestos, Copper Plumbing, CPVC/PVC, Mixed Plumbing, Shingle Siding, Stick Built
    • Foundation: Crawl Space, Block
    • Roof: Asbestos Shingle
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Ocean City
    • Municipality: Ocean City

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Road surface type: Black Top
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $990,300
    2% more+ $19,806
    With Zillow Showcase(estimated)
    $1,010,106