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Renovated Multifamily Property Near Boardwalk
For Sale
$2,790,000

1308 Philadelphia Avenue Unit AND 105 14TH STREET, Ocean City, MD 21842

Eight 2-bedroom units plus a 4-bedroom complex near boardwalk.

Property SizeContact for details
Days on Market305

Property Features for 1308 Philadelphia Avenue Unit AND 105 14TH STREET

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1969
Listing Agency: Coldwell Banker Bud Church Realty,Inc.
Listed By: Ken Church · License #305250
Source: Ournexthouse
Added: Dec 30, 2025 Changed: Oct 29 Last Checked: Oct 30 at 6:38PM

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 Coldwell Banker Bud Church Realty,Inc.

Rey
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Investment Insights

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This property features eight units with 2 bedrooms and 1 bathroom each, along with an additional building that includes a 4-bedroom, 2.5-bathroom complex and dedicated office space. Extensive renovations have been completed on the buildings in recent years. An open picnic area is available for outdoor activities. The property is located just off Ocean City’s boardwalk. Sale includes 105 14th Street Acct#2410039185. The bike score is 68, indicating it is bikeable, and the walk score is 69, indicating it is somewhat walkable.

Key Highlights

  • Ideally located just off Ocean City’s famous boardwalk.
  • Eight 2‑bedroom, 1‑bathroom units.
  • Additional building featuring a 4‑bedroom, 2.5‑bathroom complex and dedicated office space.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

589
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eight 2-bedroom units plus a 4-bedroom complex near boardwalk.
Where is this apartment building located?
The property is located at 1308 Philadelphia Avenue Unit AND 105 14TH STREET Ocean City, MD.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Ideally located just off Ocean City’s famous boardwalk.; Eight 2‑bedroom, 1‑bathroom units.; Additional building featuring a 4‑bedroom, 2.5‑bathroom complex and dedicated office space.
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