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Bayfront Residential Income Property
For Sale
$449,000

181 JAMESTOWN RD #5, Ocean City, MD 21842

OCEAN CITY, MD

Property SizeContact for details
Days on Market64

Property Features for 181 JAMESTOWN RD #5

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 2, Bedroom 1
Subdivision NONE AVAILABLE
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

private boat slip
private balcony

Building Details

Year built 1973
Listing Agency: Northrop - Bethany
Listed By: Phillip W Knight · License #rs0025919
Added: Jun 25 Changed: Aug 27 Last Checked: Aug 27 at 7:06PM
MLS# MDWO2039262

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property is a 2-bedroom, 2-bath condominium at 181 Jamestown Road #5 in Ocean City. The unit includes separate owners and rear bayfront entrances, a private boat slip, and a balcony facing the bay. Interior spaces comprise a living room, dining area, and galley-style kitchen with cabinet storage and countertop work areas. Built in 1973, the condominium is presented with a nautical interior design and a coastal setting.

The property is positioned directly on the bay in Ocean City, Maryland, with access to the water from the private slip. The beach, dining, and entertainment are described as moments away. Its configuration supports use as a primary residence, vacation property, or investment property, subject to applicable condominium and local requirements.

Key Highlights

  • 2‑bedroom, 2‑bath bayfront condominium at 181 Jamestown Road #5
  • Private boat slip with direct access to the bay
  • Separate owners entrance and rear bayfront entrance

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Hair Salon Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

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

479
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condominium with a private boat slip, bay access, and a balcony oriented toward the waterfront.
Where is this residential income property located?
The property is located at 181 JAMESTOWN RD #5 Ocean City, MD.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath bayfront condominium at 181 Jamestown Road #5; Private boat slip with direct access to the bay; Separate owners entrance and rear bayfront entrance
More about this property
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