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Waterfront Duplex with Boat Slips
For Sale
$1,199,900

304 15TH Street, Ocean City, MD 21842

Renovated two-unit property with canal and bay views, private entrances, and flexible seasonal or annual use options.

Property Size2,532 SF
Price / SF$473.89
Days on Market274

Property Features for 304 15TH Street

General Information

Standard status Active
Size 2,532 SF
Property subtype Multi-family
Zoning R-2
Lease Term []

Units

Unit Mix 1 x 3BR/3BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

private boat slips
canal and bay views
private entrances
enclosed porch/sunroom areas
private garage
private deck
fenced-in yard

Building Details

Year Built 1956
Listing Agency: ERA Martin Associates,Shamrock Division
Listed By: Brittani Phillips · License #652284
Source: Deepcreeklake
Added: Dec 1, 2025 Changed: Aug 31 Last Checked: Aug 31 at 7:22PM

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 ERA Martin Associates,Shamrock Division

Investment Insights

Based on property information with market context.

This waterfront duplex contains a 3BR/3BA first-floor residence and a 2BR/1BA second-floor residence, providing distinct living areas within one property. Recent improvements include renovated kitchens, new LVP flooring, updated lighting, fresh paint, and updated furniture. Both units feature private entrances and enclosed porch or sunroom areas. The lower residence adds a private water-facing deck and access to a fenced yard. A detached garage and two private boat slips are also included. The garage may offer conversion potential for additional living space, subject to R-2 zoning requirements and approvals.

Set in Ocean City, the property includes canal and bay views and is within walking distance of the beach, boardwalk, dining, shopping, and entertainment. Built in 1956, it can accommodate short-term rental, seasonal use, annual rental, or owner-occupied use as supported by the property information.

Key Highlights

  • Two‑unit layout with 3BR/3BA first‑floor and 2BR/1BA second‑floor residences
  • 2 private boat slips with canal and bay views
  • R‑2 zoning with detached garage; conversion potential subject to requirements and approvals

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Barber Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

586
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?
Duplex - Renovated two-unit property with canal and bay views, private entrances, and flexible seasonal or annual use options.
Where is this duplex located?
The property is located at 304 15TH Street Ocean City, MD.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Two‑unit layout with 3BR/3BA first‑floor and 2BR/1BA second‑floor residences; 2 private boat slips with canal and bay views; R‑2 zoning with detached garage; conversion potential subject to requirements and approvals
More about this property
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