Listing Agency: West Ocean City MD Real Estate

Listed By: Deeley Chester · License #MD 611703 Show Phone

Source: Crexi

Added: Sep 10 Changed: Oct 13 Last Checked: Oct 16 at 9:27AM

Report an Issue

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 West Ocean City MD Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This residential income property is configured as a triplex with three units. The asset is located at 8601 Coastal Highway in Ocean City, Maryland, providing a clearly identified multifamily property in a coastal Maryland market.

Key Highlights

• Three‑unit multifamily configuration
• Located at 8601 Coastal Highway
• Ocean City, MD 21842

Property Analytics

Current Use

Triplexes

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Similar For Sale Nearby

See more

Brand-New Bay-View Triplex

116 78th St, Ocean City, MD 21842

$2,999,900

5,022 SF

View details

Fully Leased NNN Property

6200 COASTAL Highway, Ocean City, MD 21842

$3,300,000

View details

Fully Leased NNN Property

1-6200 Coastal Hwy, Ocean City, MD 21842

$3,300,000

View details

Fully Leased NNN Property

6200 COASTAL HWY #1, 1, Ocean City, MD 21842

$3,300,000

View details

Renovated Multifamily Property Near Boardwalk

1308 Philadelphia Avenue, Unit AND 105 14TH STREET, Ocean City, MD 21842

$2,790,000

View details

Concrete Grocery Building

106 N DIVISION STREET, Ocean City, MD 21842

$2,750,000

2,700 SF

View details

Established Hotel Steps From Beach

1209 N BALTIMORE AVE, Ocean City, MD 21842

$2,450,000

View details

Ocean City Specialty Property

12608 SELSEY Rd, Ocean City, MD 21842

$1,999,999

0.19 Acres

View details

Renovated Multifamily Property Near Boardwalk

1701 N Baltimore Avenue, Ocean City, MD 21842

$1,999,900

4,842 SF

View details

West Ocean City Medical/Office Building

12385 Ocean Gtwy, Ocean City, MD 21842

$1,990,000

3,864 SF

View details

Deepwater Marina and Restaurant

12817 Harbor Road, Ocean City, MD 21842

$4,850,000

View details

Standalone Storefront with Exposed Beams

12842 OCEAN GATEWAY, Ocean City, MD 21842

$1,899,000

2,800 SF

View details

Frequently Asked Questions

What type of property is this?

Triplex - Residential income asset with a three-unit configuration.

Where is this triplex located?

The property is located at 8601 Coastal Highway Ocean City, MD.

What is the asking price?

The asking price for this property is $3,100,000.

What are key features of this property?

This property features: Three‑unit multifamily configuration; Located at 8601 Coastal Highway; Ocean City, MD 21842