Listing Agency: West Ocean City MD Real Estate

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

Source: Crexi

Added: Sep 10 Changed: Sep 16 Last Checked: Sep 24 at 9:58AM

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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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

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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 $3,300,000.

What are key features of this property?

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