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6 7Th St, Unit 508 Ocean City, MD 21842

For Sale
$899,000

Premier resort-style building with income potential in downtown Ocean City.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Luxury Coastal Living at Boardwalk

South Beach Boardwalk offers luxury coastal living in one of Ocean City's premier buildings, renowned for exclusivity and income production. The building features 36 residential units and top-tier amenities, including two swimming pools (one rooftop with beach/boardwalk views, and a heated atrium-style pool on the 7th floor), a gym/fitness center, oversized storage lockers, multiple elevators, private parking, and key fob secured entrance. The association/management company is proactive. Unit #508 features three bedrooms and full baths, along with a fireplace. The oversized balcony, accessible from the primary suite or living room, benefits from southern exposure and expansive views of downtown and the beach. The property will convey Turn Key with minor exclusions. The property is suitable as a second home or investment property, with approximately $60,000 in income in 2024. Located in the heart of downtown, this property offers a rare opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Spa & Massage Dental Office Restaurant Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ocean City
County
Worcester
State
Maryland
Longitude
-75.0820432
Latitude
38.338186

FAQs

What type of property is this?
Apartment building - Premier resort-style building with income potential in downtown Ocean City.
Where is this apartment building located?
The property is located at 6 7Th St, Unit 508 Ocean City, MD.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Premier resort-style building featuring **two swimming pools**, gym, and private parking.; - Turn-key, fully furnished property with proven income potential (+$60k in 2024).; - Three generously sized bedrooms and full baths.
More about this property
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