Apartment Building

Ocean City, MD Apartment Buildings for Sale

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Berlin, MD Ocean Pines, MD Bishopville, MD Fenwick Island, DE Selbyville, DE Newark, MD Frankford, DE Whaleyville, MD
5-Unit Apartment Building
Updated: Oct 13
5-Unit Apartment Building

503 N Baltimore Ave, Ocean City, MD 21842

$1,300,000
4,728 sqft
Five units: one 3‑bedroom, two 2‑bedroom, one 1‑bedroom, and one efficiency
4,728 square feet; built in 1935
Front building only; land condominium establishment is underway for separate sale
One block from the Ocean City Boardwalk and beach
Covered front porch and fenced front yard
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Renovated Multifamily Property Near Boardwalk
Updated: Jan 6
Renovated Multifamily Property Near Boardwalk

1308 Philadelphia Avenue, Unit AND 105 14TH STREET, Ocean City, MD 21842

$2,790,000
Ideally located just off Ocean City’s famous boardwalk.
Eight 2‑bedroom, 1‑bathroom units.
Additional building featuring a 4‑bedroom, 2.5‑bathroom complex and dedicated office space.
Extensive renovations over the last several years.
Open picnic area perfect for barbecues and family gatherings.
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Oceanfront Condo with Panoramic Views
Oceanfront Condo with Panoramic Views

401 ATLANTIC Ave 506, Ocean City, MD 21842

$649,000

Top-floor, updated condo with ocean, beach, and bay views.

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See hot listings in Ocean City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Oceanside Condo with Waterviews
Oceanside Condo with Waterviews

18 41ST St 304, Ocean City, MD 21842

$570,000

Furnished 3-bedroom condo with waterviews, ready for occupancy.

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Oceanfront Condo with Rental Potential
Oceanfront Condo with Rental Potential

9400 COASTAL Hwy 301, Ocean City, MD 21842

$439,900

Two-bedroom, two-bathroom condo with ocean views and modern upgrades.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Ocean City, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

136-Unit Garden-Style Apartment Community
136-Unit Garden-Style Apartment Community

1500 Sharen Dr, Salisbury, MD 21804

Contact for pricing
123,877 sqft

Established garden-style community with unit upgrades, resident amenities, and individually metered electric utilities.

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Updated Condo with Open Floorplan
Updated Condo with Open Floorplan

35948 HAVEN DRIVE #D306, Rehoboth Beach, DE 19971

$375,000

Renovated 2 bed, 2 bath condo with modern amenities.

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Furnished Condo in Creekwood Community
Furnished Condo in Creekwood Community

500 CASCADE LANE #522, Rehoboth Beach, DE 19971

$354,900

Well-maintained 2BR, 2BA condo with rental potential near beaches.

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Multifamily Portfolio Near Salisbury University
Multifamily Portfolio Near Salisbury University

100 Cedar Crossing Rd, Salisbury, MD 21804

Contact for pricing

58 units, 228 bedrooms near Salisbury University campus.

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Off-Market Properties in Ocean City, MD

Consider similar Off-Market properties in Ocean City, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

302 2nd St
APARTMENT HOUSE (5+ UNITS)

302 2nd St, Ocean City, MD 21842-4013

Estimated value: by Request
14,640 sqft 0.16 AC lot
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Ocean City, MD Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Ocean City, MD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,728 square feet of properties for sale, with an estimated market value of $5,748,900.

Sale prices for apartment complexes in Ocean City, MD start at $439,900, averaging $1,149,780, and reaching up to $2,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

High-rise multifamily apartments 1

Demographics Overview

Population 11K
Population Growth (5Y) +4.2%
Median Household Income $75,372
College Educated 27.3%

High-Yield Neighborhoods for Investment

Identify Ocean City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21842 $967.2K

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $5.96 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

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