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    181 Jamestown Rd, Unit 1 Ocean City, MD 21842

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    For Sale
    $465,000

    First-floor condo with bay views, boat slip, and rental potential.

    Building Details

    Year built
    1973

    Source: Berkshire Hathaway HomeServices PenFed Realty-WOC Agent Anthony E Balcerzak Jr.

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

    Overview

    Bayfront Condo with Boat Slip

    This first-floor, two-bedroom, two-bath condo offers panoramic bay views and vistas of the Ocean City skyline. The property features a southeast exposure, providing natural light throughout the day. The open floor plan includes luxury vinyl plank flooring, granite countertops, and stainless steel appliances. A wood stove is also present. The condo is sold furnished and is in excellent condition. A large covered porch overlooks the open bay. The property includes a private deeded boat slip and lift, offering water access. Dedicated parking is available. This property is located in a desirable bayfront location and offers rental income potential.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Spa & Massage Dental Office Hair Salon Restaurant Realty agency Nail Salon Building Supply Clothing Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0657972
    Latitude
    38.4224333

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    FAQs

    What type of property is this?
    Short term rental property - First-floor condo with bay views, boat slip, and rental potential.
    Where is this short term rental property located?
    The property is located at 181 Jamestown Rd, Unit 1 Ocean City, MD.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: - Direct Bayfront condo with panoramic bay views and Ocean City skyline vistas.; - Deeded boat slip and lift providing direct water access.; - First-floor unit with large covered porch overlooking the bay.
    (443) 497-4746
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    181 Jamestown Rd, Unit 1 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
    181 Jamestown Rd, Unit 1 Ocean City, MD 21842
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