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    Property profile & analytics

    2800 Baltimore Ave Ocean City, MD 21842-3442

    • Hotels
    • 115,544 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 20, 2021
    $47,600,000
    Location Intelligence
    Property ID
    US40-1162565
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Solstice Oceanfront Bar & Grill / Restaurant
    • Hilton Garden Inn Ocean City Oceanfront / Hotel
    • Dunes Manor / Hotel

    Property Details for 2800 Baltimore Ave

    Year built
    1987
    Construction
    BRICK
    Lot size
    1.03 lot acres
    Property size
    115,544 SF
    Zone code
    R-2
    Property type
    Hotels
    APN
    10-049237
    APU
    10049237

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.073
    Latitude
    38.3571
    CBSA code
    41540
    CBSA name
    SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $215,194
    $11,250,000
    $4,016,300
    $15,266,300
    -
    $11,250,000
    $4,016,300
    $15,266,300

    Comparable in this City

    • Value Estimation by Request
      53,259 SF

      12708 Ocean Gtwy

      HOTEL • 53,259 SF
      12708 Ocean Gtwy, Ocean City, MD 21842-9542
      View Details
    • Value Estimation by Request
      19,520 SF

      500 Baltimore Ave

      HOTEL • 19,520 SF
      500 Baltimore Ave, Ocean City, MD 21842
      View Details
    • Value Estimation by Request
      27,000 SF

      2709 Atlantic Ave

      HOTEL • 27,000 SF
      2709 Atlantic Ave, Ocean City, MD 21842
      View Details
    • Value Estimation by Request
      15,540 SF

      1219 Atlantic Ave

      HOTEL • 15,540 SF
      1219 Atlantic Ave, Ocean City, MD 21842-5678
      View Details
    • Value Estimation by Request
      22,000 SF

      12000 Coastal Hwy

      HOTEL • 22,000 SF
      12000 Coastal Hwy, Ocean City, MD 21842-4701
      View Details
    • Value Estimation by Request
      44,301 SF

      5501 Coastal Hwy

      HOTEL • 44,301 SF
      5501 Coastal Hwy, Ocean City, MD 21842-3144
      View Details

    Similar Nearby for Sale

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      Oceanfront Condo with Resort Amenities

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      Ocean Block Motel For Sale

      25-room motel steps from the beach in Ocean City.
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      West Ocean City Resort Opportunity

      Updated resort with restaurant on 1.82 acres for sale.
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      View Details
    • $89,500
      0.03 Acres

      Vacant Lot in Waterfront Community

      Vacant lot in Ocean City waterfront community with many amenities.
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      Income-generating, fully renovated multifamily property steps from Ocean City's boardwalk.
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    Similar Nearby for Lease

    • $1,500 /Mo

      West Ocean City Office Space

      Professional office space in West Ocean City's Decatur Business Center.
      9748 Stephen Decatur Hwy, Ocean City, MD 21842
      View Details
    • $22 SF/Yr
      17,100 SF

      Ocean City Retail Space Available

      Premium retail space in high-traffic Ocean City location.
      8001 Coastal Hwy, Ocean City, MD 21842
      View Details
    • $21 SF/Yr
      2,242 SF

      Prime Retail Space in Ocean

      Retail space available in a busy Ocean City location.
      11801-11805 Coastal Hwy, Ocean City, MD 21842
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    • $1,500 /Mo

      In Town North OC Warehouse

      Centrally located warehouse with 16' ceilings and overhead door.
      14202 Sinepuxent Ave, Ocean City, MD 21842
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    • $2,000 /Mo

      Warehouse/Office Space for Lease

      1,700+-sq.ft warehouse/office space available for lease.
      12636 Sunset Ave, Ocean City, MD 21842
      View Details
    • $2,843 /Mo

      Ocean City Office Space Available

      Two office suites available for rent in Ocean City, MD.
      5000 Coastal Hwy, Ocean City, MD 21842
      View Details

    Property Visit Statistics

    • Visits by month
      6.4k
    • Visitors by month
      4.6k
    • Avg Time on site
      537 min
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    2800 Baltimore Ave
    Ocean City, MD 21842-3442
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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