1004 Philadelphia Ave, Ocean City, MD 21842
FOR SALE

1004 Philadelphia Ave
Ocean City, MD 21842

Boardwalk/Inlet
  • 11 Beds
  • 8 Baths
  • 4,002 sqft
  • 11 Beds
  • 8 Baths
  • 4,002 sqft

$2,099,000

Original price: $2,199,000
Est. Mortgage $12,702/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

8 Unit building completely remodeled with all new kitchens and baths. This sale includes the real estate, LLC and all furniture and equipment to continue to operate an active Airbnb business. Rent all units or live in one unit as an on site manager to make life easy. Work 6 months out of the year and enjoy the freedom of winters off. Great location just 1.5 blocks to the infamous Beach and Boardwalk of Ocean City. This lot includes 6 parking spots. An addition 3 spots can be rented from a neighboring property if requested. Change your life today and start relaxing with this new business venture.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$524
Listed
180+ days ago

Home Details for 1004 Philadelphia Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Basement
Beds & Baths
Number of Bedrooms: 11Main Level Bedrooms: 5Number of Bathrooms: 8Number of Bathrooms (full): 8Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 4002 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water AvailableAppliances: Gas Water Heater
Heating & Cooling
Heating: Other,Natural Gas,ElectricHas CoolingAir Conditioning: Window Unit(s),ElectricHas HeatingHeating Fuel: Other
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Luxury Vinyl Tile, Tile/Brick
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: ThreeAccessibility: 2+ Access ExitsFloors: Luxury Vinyl Tile, Tile Brick

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFencing: Back YardOther Structures: Above Grade, Below GradeNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Enclosed,Surface,On Street,Parking Lot
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: Road Frontage: 50
Finished Area
Finished Area (above surface): 4002 Square Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1950Year Renovated: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: OtherArchitecture: Other,Contemporary,Coastal
Building
Building Name: None AvailableConstruction Materials: Combination, Mixed Plumbing, Stick Built, OtherNot a New Construction
Property Information
Not Included in Sale: Exclusions List Will Be Provided Upon RequestParcel Number: 10035937

Price & Status

Price
List Price: $2,099,000Price Per Sqft: $524
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Ocean CityCommunity: Non Development
School Information
Elementary School District: Worcester County Public SchoolsJr High / Middle School District: Worcester County Public SchoolsHigh School District: Worcester County Public Schools

Agent Information

Listing Agent
Listing ID: MDWO2013540

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 5425 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 1Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: MDWO2013540Municipality: Ocean City
Last check for updates: about 20 hours ago
Listing courtesy of Shawn Kotwica, (724) 840-0572
Coldwell Banker Realty, (443) 856-2211
Source: Bright MLS, MLS#MDWO2013540

Price History for 1004 Philadelphia Ave

DatePriceEventSource
04/03/2024$2,099,000PriceChange
Bright MLS #MDWO2013540
04/21/2023$2,199,000Listed For SaleBright MLS #MDWO2013540
11/16/2020$600,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$8,413
Assessment$600,600
Home facts updated by county records

Comparable Sales for 1004 Philadelphia Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.47
Single-Family Home
$1,250,000
11/16/23
6
4
3,228
0.56
Single-Family Home
$1,100,000
06/14/23
4
3
2,079
1.04
Single-Family Home
$1,000,000
11/15/23
4
6
3,236
0.30
Single-Family Home
$530,000
09/29/23
2
1
760
1.04
Single-Family Home
$585,000
04/10/24
4
3
2,377

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Boardwalk/Inlet

  • Trulia User
    "There are not many community events for our neighborhood but there are plenty of events in Ocean City almost every weekend"
    4
    Flag
  • Heather H.
    "There are nice parks and many family activities to do here in downtown ocean city.The schools here are amazing!"
    1
    Flag
  • Tburton0001
    "This place is not very dog friendly which is why I’m moving, horrible for year round affordable rent"
    22
    Flag
  • ngawang k.
    "nice neighbourhood with good people all around. good ocean view with good cheap hotels. we have 3 mile long boardwalk. one can bociycle, jog, walk on the beach. good friendly people all aroumd. Homes are moderately price wigh good schools. "
    0
    Flag
  • John V.
    "Have been Visiting Ocean City for over 40 years, raised my children in the house and spent countless hours on the beach. Definitely a key location for Car week and just a short walk to the beach. Angler Restaurant a block away and the Lazy Lizard 3 blocks, you won't regret the walking distance to very popular spots but far enough away from the noise. Sitting on the front porch enjoying the breeze and watching the people stroll by is always entertaining and if you decide to fish on the bridge you own bathroom is a short distance away. LOL The rental income will help in paying the mortgage and don't forget the special treatment you'll get as a home owner in Ocean City. Can't say enough."
    0
    Flag
  • Maura W. H.
    "We own a home in the Downtown area around 13th St. So convenient to walk to boardwalk and restaurants. Our family loves it. "
    0
    Flag
  • Maura W. H.
    "We recently bought in the Downtown area of 13th towards the bay. We love it. Close to everything. We get down to our beach house and park the car. No need to drive anywhere. Clean beach, nice neighbors. "
    0
    Flag

LGBTQ Local Legal Protections

Shawn Kotwica, Coldwell Banker Realty
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1004 Philadelphia Ave, Ocean City, MD 21842 is a 11 bedroom, 8 bathroom, 4,002 sqft single-family home built in 1950. 1004 Philadelphia Ave is located in Boardwalk/Inlet, Ocean City. This property is currently available for sale and was listed by Bright MLS on Feb 5, 2024. The MLS # for this home is MLS# MDWO2013540.