13444 Madison Ave Ocean City, MD 21842
Property Features for 13444 Madison Ave
General Information
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1958
Source:
Elliman
Listing Agent: Kelly R Williams
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Corner Lot Multifamily Opportunity
This property presents an opportunity for various development possibilities. Situated on an oversized corner lot, the property offers water views from three sides. The zoning is R-3, which allows for multi-family and residential use. The zoning laws permit building up to 45 feet, offering the potential to add two or more levels. Approved variances are in hand, including one for a second and third floor cantilever, facilitating expansion plans. An additional variance for an auxiliary dwelling unit (ADU) is also in place. The property is suited for an investor seeking profit or an individual aiming to construct a primary residence, vacation getaway, or investment opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Ocean City
- County
- Worcester
- State
- Maryland
- Longitude
- -75.067095
- Latitude
- 38.4503452
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FAQs
What type of property is this?
Multifamily property - Oversized corner lot with water views and multifamily zoning.
Where is this multifamily property located?
The property is located at 13444 Madison Ave Ocean City, MD.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: - Oversized corner lot with water views from three sides.; - Zoned R-3 for multi-family and residential use.; - Approved variances in hand for cantilevered second and third floors.