Two-Story Residential Income
For Sale
$649,000
401 ATLANTIC AVE #506, Ocean City, MD 21842
OCEAN CITY, MD
Property SizeContact for details
Days on Market353
Property Features for 401 ATLANTIC AVE #506
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2
Subdivision
NONE AVAILABLE
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
Building Details
Year built
1974
Listing Agency:
Ocean City MD
(410) 524-1700
Listed By:
Imad Elali
(410) 603-9801
Added: Oct 24, 2025
Changed: Oct 10
Last Checked: Oct 11 at 11:06PM
MLS# MDWO2034418
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 two-story, split-level condominium is a top-floor end unit with two bedrooms and windows along the side. Interior improvements include ceramic tile floors, upgraded kitchen cabinetry, granite counters, custom paint, and remodeled bathrooms. One balcony faces the ocean and boardwalk; a second opens toward the bay. Views include the beach, ocean, boardwalk, and bay. The building dates to 1974.
The property is on the Ocean City boardwalk, within walking distance of shops, restaurants, SunFest, Oceans Calling, and Country Calling. The two balconies offer distinct outlooks, including bay views at sunset.
The property is on the Ocean City boardwalk, within walking distance of shops, restaurants, SunFest, Oceans Calling, and Country Calling. The two balconies offer distinct outlooks, including bay views at sunset.
Key Highlights
- Top‑floor end‑unit, two‑story split‑level condo
- Two bedrooms
- Oceanfront balcony and private bayside balcony
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
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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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior, upper-level placement, and separate oceanfront and bay-facing balconies distinguish this coastal residence.
Where is this residential income property located?
The property is located at 401 ATLANTIC AVE #506 Ocean City, MD.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Top‑floor end‑unit, two‑story split‑level condo; Two bedrooms; Oceanfront balcony and private bayside balcony
