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Brand-New Bay-View Triplex
For Sale
$2,999,900

116 78th St, Ocean City, MD 21842

Three residences offer custom finishes, conditioned garages, and access to the bay and beach.

Property Size5,022 SF
Price / SF$597.35
Days on Market169

Property Features for 116 78th St

General Information

Standard status Active
Size 5,022 SF
Property subtype Multi-Family

Building Details

Year Built 2025
Listing Agency: Coastal Life Realty Group LLC
Listed By: Kevin E Decker · License #532548
Source: Baltimoreharfordhomesforsale
Added: Mar 17 Changed: Aug 31 Last Checked: Aug 31 at 5:45PM

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 Coastal Life Realty Group LLC

Investment Insights

Based on property information with market context.

Completed in 2025, this 5,022-square-foot triplex comprises three newly built townhomes offered together. Each residence includes expansive living areas, custom interior finishes, a conditioned garage with glass garage doors, and views toward the bay. The property is designed for multi-unit ownership, with all three homes included in one offering.

Located at 116 78th St in Ocean City, the property sits on a short bay block with convenient access to the waterfront and an easy walk to the beach. Restaurants, entertainment, and shopping are also nearby. The property has no HOA or condominium fees.

Key Highlights

  • Three brand‑new townhomes included in one 5,022 SF offering
  • Built in 2025 with high‑end custom finishes
  • Bay views from each of the three units

Property Analytics

Current Use

Hair Intelligence Hair Salon

Suggested Use

Top Pick Electrical Service Plumbing Service Furniture & Home Goods Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residences offer custom finishes, conditioned garages, and access to the bay and beach.
Where is this triplex located?
The property is located at 116 78th St Ocean City, MD.
What is the asking price?
The asking price for this property is $2,999,900.
What are key features of this property?
This property features: Three brand‑new townhomes included in one 5,022 SF offering; Built in 2025 with high‑end custom finishes; Bay views from each of the three units
More about this property
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