Oceanside Investment
For Sale
$899,000
Pending
11602 COASTAL Hwy 1A, Ocean City, MD 21842
Rare two-unit property near the beach with ocean views.
Property Size2,541 SF
Days on Market268
Property Features for 11602 COASTAL Hwy 1A
General Information
Standard status
Pending
Size
2,541 SF
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$9,009
Building Details
Building Size
2,541 SF
Year Built
1968
Listing Agency:
Coastal Life Realty Group LLC
(443) 235-6552
Listed By:
Kevin E Decker · License #532548
(443) 235-6552
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 23 at 7:28AM
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.
Located on 116th Street, this property presents an oceanside investment opportunity. The property features two units and is situated steps from the beach, offering ocean views. The lower level unit includes 2 bedrooms and 1 bath, while the upper unit provides 3 bedrooms and 2 full baths. Both units have private entrances and are part of a rental program, offering immediate income potential. The layout allows the property to function as two separate living spaces, suitable for investors or personal use with rental income. This condo is located in a desirable coastal area, combining beachside living with the potential for returns.
Key Highlights
- Oceanside location steps from the beach with ocean views.
- Two units for the price of one, offering versatile living or rental options.
- Turnkey investment opportunity** with an existing successful rental program for immediate income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Rare two-unit property near the beach with ocean views.
Where is this multifamily property located?
The property is located at 11602 COASTAL Hwy 1A Ocean City, MD.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Oceanside location steps from the beach with **ocean views**.; Two units for the price of one, offering versatile living or rental options.; Turnkey investment opportunity** with an existing successful rental program for immediate income.
