304 15th Street • Ocean City, MD 21842

$1,199,900 Beds: 0 • Baths:Sq. Feet: 2532 • MLS ID: MDWO2037804 • Subdivision: NEPTUNE DEVELOPMENT • School Dist: WORCESTER COUNTY PUBLIC SCHOOLS
Exceptional opportunity to own a waterfront 2-unit property in the heart of Ocean City with 2 private boat slips and strong appeal for investors, second-home buyers, or those seeking flexible multi-generational use. Comprised of a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, this renovated R-2 property offers versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. In addition to the 2 private boat slips, highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, private garage, and extensive recent improvements. A private deck on the lower unit overlooks the water and fenced-in yard. Inside, both kitchens have been recently renovated, along with new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table. Located within walking distance to the beach, boardwalk, dining, shopping, and entertainment, this is a rare chance to market a true multi-family waterfront asset in a prime Ocean City location. With over $110,000 rental income, this is a rare chance to own a versatile waterfront property in with built-in flexibility and long-term value. View this listing at: http://alisonwerner.homesale.com/mls=MDWO2037804

Property Features

  • Garage: 1
  • Taxes: $9,351
  • Roof Type: Architectural Shingle
  • Exterior: Block,Frame,Stick Built
  • Parking Notes: Concrete Driveway,Private
  • Special View Info: Canal
  • Lot Size: 0.13 Acres
  • Lot Dimensions: 0.13 Acre(S)
  • Heating: Heat Pump(s)
  • Fuel Type: Electric
  • Cooling: Central A/C,Wall Unit
  • Year Built: 1956
  • Water: Public
  • Sewer: Public Sewer
  • Units: 2
  • Two Bedroom Units: 1
  • Three Bedroom Units: 1
  • Municipality: Ocean City
  • Building Name: NONE AVAILABLE
  • Additional Structures: Above Grade
  • Fencing Description: Fully, Vinyl
  • Location Description: Canal
  • Lot Description: Bulkheaded, Fishing Available, Other
  • Structure Type: Detached
  • Total Garage/Parking Spaces: 1
  • Appliances: Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer
  • Exterior: BBQ Grill,Exterior Lighting,Flood Lights,Gutter System,Secure Storage
  • Interior: 2nd Kitchen,Attic,Carpet,Ceiling Fan(s),Chair Railings,Crown Moldings,Dining Area,Entry Level Bedroom,Kitchen - Table Space,Other,Pantry,Recessed Lighting,Upgraded Countertops,Window Treatments
  • Flooring: Carpet,Ceramic Tile,Hardwood,Luxury Vinyl Plank
  • Waterfront: Private Dock Site
  • Water Access: Boat - Powered,Canoe/Kayak,Fishing Allowed,Private Access
  • Utilities: Cable TV,Natural Gas Available,Propane

School Information

  • High School: STEPHEN DECATUR
  • Middle School: STEPHEN DECATUR
  • Elementary School: OCEAN CITY
  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
Printed June 12, 2026


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