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Renovated Residential Income Property
For Sale
$422,900

17 139TH STREET #204 OCEAN, Ocean City, MD 21842

Three-bedroom ocean-block condo renovated in 2022 and offered fully furnished with an oversized private balcony.

Property Size906 SF
Days on Market199

Property Features for 17 139TH STREET #204 OCEAN

General Information

Standard status Active
Size 906 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 3BR
Multifamily Units 1

Additional Details

Furnished Yes

Amenities

assigned parking
visitor parking
outside showers
handicap-accessible ramp
Baseboard - Electric
Wall Unit
Dishwasher
Oven/Range - Electric
Refrigerator
Washer/Dryer Stacked
WaterHeater
Built-In Microwave
Deck, Built-Up, Flat

Building Details

Building Size 906 SF
Year Built 1972
Year Renovated 2022
Listing Agency:
Listed By: Sheri E Smith · License #521766
Source: Kw
Added: Feb 14 Changed: Aug 31 Last Checked: Aug 31 at 1:39AM

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 Sheri E Smith

Investment Insights

Based on property information with market context.

This residential income property is a three-bedroom ocean-block condominium with a private ensuite bedroom and sleeping capacity for 8–10 guests. The interior renovation was completed in 2022 and includes an open living area, updated kitchen with a center island, stainless steel appliances, refreshed bathrooms, new flooring, updated fixtures, and fresh paint. The condominium is being offered fully furnished. An oversized balcony measuring approximately 17x12 provides additional outdoor space and includes built-in storage.

Building improvements include exterior coating, roof, elevator, railings, balconies, and a resurfaced parking lot. The property also offers front and rear access, elevator service, two private rear entry options, assigned parking, visitor spaces, outside showers, a handicap-accessible rear ramp, and street parking in front of the building. Restaurants, entertainment, coastal attractions, and Fenwick Island are within walking distance.

Key Highlights

  • Three‑bedroom condominium with a private ensuite bedroom
  • Renovated in 2022 and offered fully furnished
  • Approximately 17x12 oversized balcony with built‑in storage

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Dental Office Law Firm Building Supply Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

342
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom ocean-block condo renovated in 2022 and offered fully furnished with an oversized private balcony.
Where is this residential income property located?
The property is located at 17 139TH STREET #204 OCEAN Ocean City, MD.
What is the asking price?
The asking price for this property is $422,900.
What are key features of this property?
This property features: Three‑bedroom condominium with a private ensuite bedroom; Renovated in 2022 and offered fully furnished; Approximately 17x12 oversized balcony with built‑in storage
More about this property
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