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    Professional Office Condo Suite Title is generated by Realmo AI

    7-12627 Sunset Ave, Ocean City, MD 21842

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    For Sale
    $250,000

    Office condo suite in Bayside Professional Center with parking and low annual condo dues.

    Property size:
    1,000 SF
    Price / SF:
    $250/SF
    Added:
    May 20, 2026
    Days on Market:
    24
    Last Refresh:
    Jun 11 at 3:06 am

    Property Features for 7-12627 Sunset Ave

    General Information

    Standard status
    Active
    Size
    1,000 SF

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    Listing Contact
    Joseph Wilson

    Listing agent Joseph Wilson License #633148

    Listing office Coastal Life Realty Group LLC

    Listing date May 20, 2026

    Source Exprealty

    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 Coastal Life Realty Group LLC

    HighLights

    • ~1,000 SF office condo suite in the Bayside Professional Center in West Ocean City
    • Low annual condo dues of $2,450
    • Parking included
    • Suitable for office or professional services use
    • Investment use also noted for this commercial unit

    Overview

    This for-sale office condo suite is offered within the Bayside Professional Center and is described as approximately 1,000 square feet. The space is positioned for office or professional services use, with the property also noted as suitable for investment purposes. The building is described as a well-maintained professional setting, and the unit is supported by parking and low annual condo dues of $2,450.

    The center is located in West Ocean City, with convenience emphasized for access to Ocean City beaches and Route 50. The listing also references nearby restaurants, shopping, and businesses, along with visibility and accessibility as practical benefits for a business looking for dependable customer and client access.

    For tenants or buyers seeking a manageable, professional office location, this suite offers a straightforward option in an established office center with parking and predictable condo dues. Its stated versatility makes it a practical fit for professional services and other office-based operations that value an organized, well-kept environment and convenient area access.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $22.2k $22.20
    − Vacancy −$3.6k −$3.55
    EGI $18.6k $18.65
    − OpEx −$4.7k −$4.66
    NOI $14.0k $13.99
    1,000 SF · lease $22.20/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $199.8K
    $174.8K – $233.1K (±1% cap)
    NOI $13,986 @ 7.0% cap · market cap 5.59%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $240.3K
    $210.3K – $280.4K (±1% cap)
    NOI $16,822 @ 7.0% cap · market cap 6.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Skin Care Clinic Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.117099
    Latitude
    38.32804

    FAQs

    What type of property is this?
    Office units - Office condo suite in Bayside Professional Center with parking and low annual condo dues.
    Where is this office units located?
    The property is located at 7-12627 Sunset Ave Ocean City, MD.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: ~1,000 SF office condo suite in the Bayside Professional Center in West Ocean City; Low annual condo dues of $2,450; Parking included
    More about this property
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