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Waterfront Duplex with Boat Slips

304 15TH Street, Ocean City, MD 21842

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For Sale

$1,199,900

MULTI_FAMILY - Cape Cod - OCEAN CITY, MD

Property size:

2,532 SF

Lot size:

0.13 Acres

Price / SF:

$473/SF

HighLights

Waterfront property with 2 private boat slips in a prime Ocean City location.
Two separate units (3BR/3BA and 2BR/1BA) offer versatile income‑producing opportunities or multi‑generational living.
Proven rental income of over $110,000.
Recently renovated with new kitchens, LVP flooring, lighting, paint, and updated furniture.
Walking distance to beach, boardwalk, dining, shopping, and entertainment.
Detached garage with potential for conversion to additional living space (subject to zoning).

We can help!

Listing Contact

Brittani Phillips

Learn more

For Sale

$1,199,900

MULTI_FAMILY - Cape Cod - OCEAN CITY, MD

Property size:

2,532 SF

Lot size:

0.13 Acres

Price / SF:

$473/SF

Added:: Apr 16, 2026
Days on Market:: 58
Last Refresh:: Jun 12 at 6:06 am

Property Features for 304 15TH Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Dining Room
Parking: 1
Parking features: Garage - Detached, On Street, Driveway, Off Street
Interior features: 2nd Kitchen, Attic, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Table Space, Pantry, Recessed Lighting, Upgraded Countertops, Window Treatments
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Standard status: Active
Size: 2,532 SF
Lot size: 0.13 Acres

Taxes and HOA fees

Tax Annual Amount: 9351

Utilities

Heating system: Heat Pump (Heating)
Cooling system: Wall Unit(s), Central Air
Water front features: Navigable Water, Waterfront
Water front: 1

Building Details

Year built: 1956
Number of units: 2
Building materials: Block, Frame, Stick Built
Architectural style: Cape Cod

We can help!

Listing Contact

Brittani Phillips

Listing agent Brittani Phillips License #652284

Listing office ERA Martin Associates, Shamrock Division 11049 Racetrack Road, Salisbury, MD

Listing date Apr 16, 2026

MLS# MDWO2037804 Listing URL

HighLights

Waterfront property with 2 private boat slips in a prime Ocean City location.
Two separate units (3BR/3BA and 2BR/1BA) offer versatile income‑producing opportunities or multi‑generational living.
Proven rental income of over $110,000.
Recently renovated with new kitchens, LVP flooring, lighting, paint, and updated furniture.
Walking distance to beach, boardwalk, dining, shopping, and entertainment.
Detached garage with potential for conversion to additional living space (subject to zoning).

Overview

This waterfront property in Ocean City features two units and two private boat slips. The renovated R-2 property includes a 3-bedroom, 3-bathroom first-floor unit and a 2-bedroom, 1-bathroom second-floor unit, offering versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. Highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, a private garage, and recent improvements. The lower unit has a private deck overlooking the water and a fenced-in yard. Both kitchens have been recently renovated, and the property features new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table. The property is located within walking distance to the beach, boardwalk, dining, shopping, and entertainment. The property sits on a lot of approximately 0.13 acres and has a total size of 2532 square feet. The property has generated over $110,000 in rental income.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Ocean City
County: Worcester
State: Maryland
Longitude: -75.08162
Latitude: 38.3462

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For sale
Duplexes
MD
Ocean City
21842
304 15TH Street

What type of property is this?

Duplex - Waterfront 2-unit property in Ocean City with private boat slips.

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: Waterfront property with **2 private boat slips** in a prime Ocean City location.; Two separate units (3BR/3BA and 2BR/1BA) offer versatile income‑producing opportunities or multi‑generational living.; **Proven rental income of over $110,000**.

304 15TH Street, Ocean City, MD 21842

MULTI_FAMILY - Cape Cod - OCEAN CITY, MD

Property Features for 304 15TH Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Bayfront Multifamily Rental Compound

Turn-Key Duplex Near Beach

West Ocean City Medical/Office Building

Ocean City Furnished Rental Quadplex

Historic Bar Near Boardwalk

Commercial

West Ocean City Resort Opportunity

Mixed-Use Property in West Ocean

West Ocean City Resort Opportunity

West Ocean City Medical/Office Building

Established Hotel Steps From Beach

Professional Office Condo Suite

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