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Studio Residential Income Property
For Sale
$164,990

202 32ND ST #204, Ocean City, MD 21842

OCEAN CITY, MD

Property SizeContact for details
Days on Market147

Property Features for 202 32ND ST #204

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 1
Full bathrooms 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

in-unit laundry hookup

Building Details

Year built 1985
Listing Agency: Ocean City MD
Listed By: Nicholas B Preziosi
Added: Apr 3 Changed: Aug 23 Last Checked: Aug 27 at 9:06PM
MLS# MDWO2037540

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 studio condo offers an open floor plan, a full kitchen, and an updated bathroom with a modern vanity and mirror. Kitchen appliances include an electric range, microwave, refrigerator, and dishwasher. An in-unit laundry hookup adds practical convenience, while the property’s maintained condition supports immediate use as a residence, second home, vacation property, or investment property.

Built in 1985, the condo is located at 202 32nd St #204 in Ocean City, Maryland. The beach and Ocean City’s Boardwalk are within a short stroll, with restaurants, nightlife, shopping, entertainment, and Jolly Roger Amusement Park nearby. Additional surrounding attractions include fishing charters, water sports, golf, water parks, dining, and entertainment venues.

Key Highlights

  • Studio condo with an open floor plan
  • Full kitchen with electric range, microwave, refrigerator, and dishwasher
  • In‑unit laundry hookup

Property Analytics

Current Use

Splash Mountain Water ... Water Park OC Ziplines Tour Operator

Suggested Use

Top Pick HVAC Service Electrical Service Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Nail 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

401
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 - Open-plan coastal condo with a full kitchen, updated bathroom, and in-unit laundry hookup.
Where is this residential income property located?
The property is located at 202 32ND ST #204 Ocean City, MD.
What is the asking price?
The asking price for this property is $164,990.
What are key features of this property?
This property features: Studio condo with an open floor plan; Full kitchen with electric range, microwave, refrigerator, and dishwasher; In‑unit laundry hookup
More about this property
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