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Ocean-Exposure Residential Income Property
For Sale
$464,000

6 50TH STREET #8 OCEAN, Ocean City, MD 21842

Updated coastal residence with an upgraded kitchen, open living area, and convenient access to Ocean City’s beach and mid-town amenities.

Property SizeContact for details
Days on Market191

Property Features for 6 50TH STREET #8 OCEAN

General Information

Standard status Active
Property subtype Apartment

Units

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

Amenities

Central
Programmable Thermostat
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Oven/Range - Electric
Refrigerator
Washer
WaterHeater
Cable TV, Built-Up, Flat

Building Details

Year Built 1972
Listing Agency: Keller Williams Realty
Listed By: Erik Windrow · License #524838
Source: Kw
Added: Mar 8 Changed: Sep 14 Last Checked: Sep 14 at 1:24PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

Viking I Unit #8 is a two-bedroom, two-bath residential income property on the Ocean Block of 50th Street in Ocean City, Maryland. Built in 1972, the residence has an updated interior with ceramic tile in the main living areas and luxury vinyl plank flooring in the bedrooms. The kitchen includes granite countertops, cabinetry, and modern finishes, while the open living and dining area creates a central gathering space. Central air, a dishwasher, disposal, microwave, electric range, refrigerator, washer, dryer, and water heater are included.

Atlantic exposure provides coastal breezes and views toward the Ocean Pines Beach Club, with the beach moments from the property. Restaurants, shops, entertainment, and Seacrets are within a short stroll. The buyer must honor all confirmed Summer 2026 vacation rentals in place when the contract is ratified.

Key Highlights

  • Two‑bedroom, two‑bath unit at Viking I Unit #8
  • Ocean Block location on 50th Street in Ocean City, Maryland
  • Atlantic exposure with views overlooking the Ocean Pines Beach Club

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods

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

352
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Residential income property - Updated coastal residence with an upgraded kitchen, open living area, and convenient access to Ocean City’s beach and mid-town amenities.
Where is this residential income property located?
The property is located at 6 50TH STREET #8 OCEAN Ocean City, MD.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath unit at Viking I Unit #8; Ocean Block location on 50th Street in Ocean City, Maryland; Atlantic exposure with views overlooking the Ocean Pines Beach Club
More about this property
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