11602 COASTAL HIGHWAY 1A, OCEAN CITY, MD 21842
NONE AVAILABLE · WORCESTER County
Key Facts
Description
Incredible oceanside investment opportunity on 116th Street! This rare and unique property offers two units for the price of one, just steps from the beach with ocean views! The lower level features a 2-bedroom, 1-bath layout, while the upper unit offers 3 bedrooms and 2 full baths. Both units have private entrances and are currently part of a successful rental program, making this a turnkey opportunity for immediate income. With its versatile layout, the property functions as two separate living spaces—ideal for investors, or personal use with rental income. Located in one of the most desirable coastal areas, this condo combines the best of beachside living with the potential for strong returns. Don’t miss your chance to own this rare coastal gem in a prime location with unmatched flexibility and value.
Property Information
Property Type
Residential
Sub-Type
Stock Cooperative
Style
Unit/Flat
Year Built
1968
Living Area
2,541 sq ft
Lot Dimensions
0.00 x 0.00
Zoning
R-3
Days on Market
385
MLS® Listing#
MDWO2031358
Property Features
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Construction
Sewer
Water Source
Schools
- District:
- WORCESTER COUNTY PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$9,009
Tax year 2024
Assessed Value
$766,500
Parcel Number
2410143845
Directions
116Th Street Oceanfront
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OCEAN CITY, MD
- $469,697
- Median Listing Price
- 74
- Median Days on Market
- 1,276
- Median Sq Ft
- $383
- Median Price / Sq Ft
- 794
- Active Listings
- This home’s price is 91% above the area median.
- Its price per sq ft is 8% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OCEAN CITY, MD.
Location
- 11602 COASTAL HIGHWAY 1A, OCEAN CITY, MD 21842
Getting Around
Points of Interest in OCEAN CITY, MD
Showing the OCEAN CITY area map.
Nearby Schools
Ocean City Elementary School
Elementary · 5.9 mi away
Most Blessed Sacrament Catholic School
Elementary · 7.5 mi away
Showell Elementary School
Elementary · 7.7 mi away
Selbyville Middle School
Secondary · 8.8 mi away
Lord Baltimore Elementary School
Elementary · 8.9 mi away
Phillip C Showell Elementary School
Elementary · 9.1 mi away
Stephen Decatur High School
Secondary · 9.2 mi away
Stephen Decatur Middle School
Secondary · 9.3 mi away
Southern Delaware School of the Arts
Elementary · 9.7 mi away
Indian River School District
School · 9.7 mi away
Little Bears & Sunflowers
School · 10.0 mi away
Berlin Intermediate School
Secondary · 10.5 mi away
Berlin Head Start
School · 10.6 mi away
Indian River School District
Secondary · 11.4 mi away
Carver G W Educational Center
School · 11.4 mi away
Buckingham Elementary School
Elementary · 11.5 mi away
Carmellas Kids
Elementary · 11.7 mi away
Clayton (John M.) Elementary School
Elementary · 12.6 mi away
Indian River High School
Secondary · 12.6 mi away
Discovery Island Early Care & Preschool
School · 13.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 13022 WILSON AVENUE, OCEAN CITY, MD | $648,500 | 5 | 3 | 2,072 |
| 3602 GROSVENOR, ELLICOTT CITY, MD | $649,000 | 4 | 3 | 2,028 |
| 4633 S LEISURE COURT, ELLICOTT CITY, MD | $650,000 | 4 | 3 | 2,300 |
| 36 TEAL CIRCLE, OCEAN PINES, MD | $650,000 | 4 | 3 | 1,840 |
| 4823 WORTHINGTON WAY, ELLICOTT CITY, MD | $659,000 | 4 | 3 | 1,775 |
| 31 PREAKNESS DRIVE, OCEAN PINES, MD | $674,999 | 5 | 3 | 2,442 |
Moving Cost Estimate
EXIT Agents in OCEAN CITY
Listing Courtesy: Coastal Life Realty Group LLC - 4435527579