$1,199,900
304 15th St, Ocean City, MD, 21842
5
Beds
4
Baths
2,532
Square feet
0.13
Acres
Rare opportunity to own a direct bayside waterfront 2-unit property in Downtown Ocean City, just blocks from the beach, boardwalk, dining, and attractions. The property features two separate units: a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, offering flexibility for multi-generational living, extended family use, personal enjoyment, or rental income. There may also be potential for additional living space or rental income through the detached garage, pending zoning and other applicable approvals. Both units feature remodeled kitchens with granite countertops, custom cabinetry, tile backsplashes, and separate washers and dryers. Enjoy beautiful canal and bay views from the sunroom, balcony, and large waterfront composite deck. Additional highlights include 2 private boat slips, outdoor space for entertaining, and a detached garage for storage of all your beach and boating gear. With approximately $110,000 in annual rental income over the past two years, this is a rare waterfront opportunity with exceptional versatility.
Listing Details
| Office | ERA Martin Associates, Shamrock Division |
|---|
Facts & Features
| MLS® # | MDWO2037052 |
|---|---|
| Price | $1,199,900 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,532 |
| Acres | 0.13 |
| Year Built | 1956 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Cape Cod |
| Status | Active |
Community Information
| Address | 304 15th St |
|---|---|
| Area | Bayside Waterfront |
| Subdivision | NEPTUNE DEVELOPMENT |
| City | Ocean City |
| County | WORCESTER-MD |
| State | MD |
| Zip Code | 21842 |
| Senior Community | No |
Amenities
| Amenities | Entry Level Bedroom, Carpet, Ceiling Fan(s), Window Treatments, Attic, Chair Railings, Crown Moldings, Pantry, Recessed Lighting, Upgraded Countertops |
|---|---|
| Utilities | Propane, Cable TV, Natural Gas Available |
| Parking | Private, Concrete Driveway |
| # of Garages | 1 |
| Garages | Additional Storage Area, Garage - Side Entry |
| View | Canal |
| Is Waterfront | Yes |
| Waterfront | Canal |
Interior
| Appliances | Dishwasher, Refrigerator, Stove, Microwave, Washer, Dryer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C, Wall Unit |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Exterior | Block, Frame |
|---|---|
| Exterior Features | Gutter System,Secure Storage,BBQ Grill,Exterior Lighting,Flood Lights,Balcony,Deck(s),Enclosed,Porch(es),Screened,Fully,Vinyl |
| Lot Description | Bulkheaded, Other, Fishing Available |
| Roof | Architectural Shingle |
| Construction | Block, Stick Built, Frame |
| Foundation | Block, Crawl Space |
| Other Structures | 10000001172,10000001174 |
School Information
| District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | OCEAN CITY |
| Middle | STEPHEN DECATUR |
| High | STEPHEN DECATUR |
Additional Information
| Date Listed | March 19th, 2026 |
|---|---|
| Days on Market | 168 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |