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    Corner Lot Multifamily Opportunity Title is generated by Realmo AI

    13444 MADISON Ave, Ocean City, MD 21842

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    For Sale
    $557,500

    Oversized corner lot with water views and multifamily zoning.

    Lot size:
    0.11 Acres
    Added:
    Nov 28, 2025
    Days on Market:
    220
    Last Refresh:
    Jul 2 at 8:26 pm

    Property Features for 13444 MADISON Ave

    General Information

    Standard status
    Active
    Lot size
    0.11 Acres
    Property subtype
    Other

    Building Details

    Year Built
    1958

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    Kelly R Williams
    Kelly R Williams

    Listing office

    Listing date Nov 28, 2025

    Source Elliman

    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 Kelly R Williams

    HighLights

    • 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.
    • Approved variance in hand for an auxiliary dwelling unit (ADU).
    • Zoning laws allow building up to 45 feet.
    • Potential for joint venture with current owner to complete the project.

    Overview

    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 Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Dental Office Barber Shop Gym & Fitness Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.0671
    Latitude
    38.4503

    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 $557,500.
    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.
    More about this property
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