Search
Renovated Oceanfront Residential Income Property
For Sale
$498,500

9400 COASTAL HWY #501, Ocean City, MD 21842

OCEAN CITY, MD

Property SizeContact for details
Days on Market193

Property Features for 9400 COASTAL HWY #501

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision NONE AVAILABLE
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

oceanfront outdoor pool
sun deck
fitness center
secure access
additional storage

Building Details

Year built 1974
Listing Agency: Bethany
Listed By: Ashley L Brosnahan
Added: Feb 12 Changed: Aug 22 Last Checked: Aug 24 at 3:06AM
MLS# MDWO2036174

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2-bedroom, 2-bath residential income property is a fully furnished condominium in the 9400 Building, with direct oceanfront positioning and broad Atlantic views. The interior was comprehensively renovated with a redesigned kitchen, new bathrooms, luxury vinyl plank flooring, updated plumbing, a new HVAC system, stainless steel appliances, and refreshed finishes. Its open layout brings together natural light and water views in a move-in-ready setting.

Building amenities include an oceanfront outdoor pool, an expansive sun deck facing the Atlantic, a fitness center, secure access, and additional storage. The property is located on Coastal Highway at 94th Street in Midtown Ocean City, within walking distance of restaurants, shopping, grocery stores, coffee shops, and entertainment. The condominium can serve as a vacation home, primary residence, or rental property.

Key Highlights

  • Direct oceanfront 2‑bedroom, 2‑bath condominium
  • Comprehensive renovation includes kitchen, bathrooms, flooring, plumbing, HVAC, and appliances
  • Fully furnished with open layout, natural light, and ocean views

Property Analytics

Current Use

CENTURY 21 New ... Vacation Rental Delmar Family Condo Condominium Complex 9400 Condominium Condominium Complex Burke Real Estate,LLC Real Estate Agency 9400 Building #1703 Hotel & Motel

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Electrical Service Garden Center 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

248
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Fully furnished condominium with updated interiors, ocean views, and access to shared resort-style amenities.
Where is this residential income property located?
The property is located at 9400 COASTAL HWY #501 Ocean City, MD.
What is the asking price?
The asking price for this property is $498,500.
What are key features of this property?
This property features: Direct oceanfront 2‑bedroom, 2‑bath condominium; Comprehensive renovation includes kitchen, bathrooms, flooring, plumbing, HVAC, and appliances; Fully furnished with open layout, natural light, and ocean views
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message