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Waterfront Duplex with Boat Slips
For Sale
$1,099,900

304 15TH Street, Ocean City, MD 21842

Multi-Family, OCEAN CITY, MD

Property Size2,532 SF
Lot Size0.13 Acres
Price / SF$434.40
Days on Market194

Property Features for 304 15TH Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Dining Room
Parking 1
Parking features Driveway, On Street, Garage - Detached, 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
Subdivision NEPTUNE DEVELOPMENT
Elementary school OCEAN CITY
Middle school STEPHEN DECATUR
High school STEPHEN DECATUR
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
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 Central Air, Wall Unit(s)
Water front features Navigable Water, Waterfront
Water front 1

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
Number of units 2
Building materials Block, Frame, Stick Built
Architectural style Cape Cod
Listing Agency: ERA Martin Associates, Shamrock Division · ERA Real Estate
Listed By: Brittani Phillips · License #652284
Added: Apr 16 Changed: Oct 6 Last Checked: Oct 26 at 5:06PM
MLS# MDWO2037804

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Set on navigable waterfront, this 2,532-square-foot duplex contains two residences: a first-floor 3-bedroom, 3-bathroom unit and a second-floor 2-bedroom, 1-bathroom unit. Each has a private entrance, and both kitchens have been renovated. Enclosed porch or sunroom areas add usable interior space. The lower unit also has a deck overlooking the water and a fenced yard. A detached garage and two private boat slips are part of the property.

The 0.13-acre property has canal and bay views and is within walking distance of the beach, boardwalk, dining, shopping, and entertainment. Built in 1956, the property is identified as R-2. Recent updates include LVP flooring, lighting, paint, and furniture; washers, dryers, and HVAC systems were installed in both units in August 2026.

Key Highlights

  • Two residences totaling 2,532 square feet
  • First‑floor unit: 3 bedrooms and 3 bathrooms; second‑floor unit: 2 bedrooms and 1 bathroom
  • Two private boat slips on navigable waterfront

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately entered residences feature renovated kitchens, enclosed sunroom areas, and private outdoor space.
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 $1,099,900.
What are key features of this property?
This property features: Two residences totaling 2,532 square feet; First‑floor unit: 3 bedrooms and 3 bathrooms; second‑floor unit: 2 bedrooms and 1 bathroom; Two private boat slips on navigable waterfront
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