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Bayfront Multi-Unit Waterfront Compound

114 75th Street Ocean City, MD 21842

114 75th Street, Ocean City, MD, 21842
$1,699,900
Pending
For Sale
$1,699,900
Pending

Bayfront compound with four buildings and multiple furnished units, offering on-site laundry, storage, and off-street parking.

Property Size4,048 SF
Days on Market133

Property Features for 114 75th Street

General Information

Standard status
Pending
Size
4,048 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1985
Listing agency Berkshire Hathaway HomeServices PenFed Realty - OP
Listed by Spike Sands · License #637504
Source Compass
Added: Mar 13 Updated: Jul 22 at 4:30PM Checked: Jul 22 at 4:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices PenFed Realty - OP


Investment Insights

Based on property information with market context.

This bayfront, income-producing multi-unit property is built as a compound across two parcels, featuring three separate buildings and a total of four units. The property includes one two-bedroom house, two three-bedroom units, and one four-bedroom unit, for twelve bedrooms and nine full bathrooms. The units are furnished in a coastal style and include laminate flooring and updated in-unit essentials such as refrigerators and microwaves.

Improvements include a new roof and new siding on two of the three buildings, raised foundations, extensive interior renovations, and the addition of a storage unit. Each unit is configured to maximize bay views and includes features such as central air/heat in select units, wall air conditioning and baseboard heat in another, and updated kitchen finishes in at least one unit. The complex also offers a community washer and dryer, an outdoor shower, and a large driveway with thirteen off-street parking spaces.

The property is located in city limits and is described as just blocks from the ocean, with direct bay access steps away for paddleboarding or kayaking. A bus stop is less than one mile from the property, and the parking layout is intended to support easy walking access to nearby midtown shops, restaurants, and the beach.

Key Highlights

  • Bayfront, income‑producing multi‑unit property in Ocean City, MD on two parcels (Tax ID #2410086868 and #2410086841).
  • Four‑building compound with one 2‑bedroom house, two 3‑bedroom units, and one 4‑bedroom unit totaling 12 bedrooms and 9 full bathrooms.
  • Updated improvements include new roof and new siding on two buildings, raised foundations, extensive interior renovations, and addition of a storage unit.

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Electrical Service Skin Care Clinic Catering Service Garden Center Home Appliance Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - Bayfront compound with four buildings and multiple furnished units, offering on-site laundry, storage, and off-street parking.
Where is this short term rental property located?
The property is located at 114 75th Street Ocean City, MD.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: Bayfront, income‑producing multi‑unit property in Ocean City, MD on two parcels (Tax ID #2410086868 and #2410086841).; Four‑building compound with one 2‑bedroom house, two 3‑bedroom units, and one 4‑bedroom unit totaling 12 bedrooms and 9 full bathrooms.; Updated improvements include new roof and new siding on two buildings, raised foundations, extensive interior renovations, and addition of a storage unit.
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