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    1701 N Baltimore Ave Ocean City, MD 21842

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    For Sale
    $2,695,000

    Four renovated units near the ocean and boardwalk.

    Lot size:
    0.13 Acres

    Property Features for 1701 N Baltimore Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1965

    Source: Coastal Life Realty Group LLC Agent Kevin E Decker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Ocean City Multifamily Property

    This property, located in downtown Ocean City, presents an investment opportunity. It is situated steps from the ocean, boardwalk, restaurants, and other Ocean City attractions. The property features four fully renovated units with a coastal-inspired design. There are three spacious 3-bedroom units and one 1-bedroom unit. New appliances have been installed throughout. Additional features include a garage, an outdoor shower, and a shared back patio.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0785238
    Latitude
    38.3470142

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    FAQs

    What type of property is this?
    Quadplex - Four renovated units near the ocean and boardwalk.
    Where is this quadplex located?
    The property is located at 1701 N Baltimore Ave Ocean City, MD.
    What is the asking price?
    The asking price for this property is $2,695,000.
    What are key features of this property?
    This property features: - Prime Downtown Ocean City location, steps from the ocean, boardwalk, restaurants, and attractions.; - Four fully renovated units with a fresh, coastal-inspired design.; - Turnkey rental property with new appliances throughout.
    (443) 235-6552
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    Ocean City, MD 21842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 N Baltimore Ave Ocean City, MD 21842
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