203-9th Street /805Philadelphia Ave/804 St Louis Avenue

Ocean City, MD
$ 5,500,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Tremendous opportunity to own a incredibly well run family motel just off the famous Ocean City Boardwalk. Property consists of a 38 room motel which includes 16 with kitchens. Ample private parking, Brand new Beach themed food truck concept with food and drink service. New roof will be installed within the next 30 days on the main building. Private office, private laundry facilities. Call listing agent for private showing.

Pending

  • Price
  • $ 5,500,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1970
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • $ 846
  • County
  • WORCESTER
  • Style
  • Apartment Building,Hotel/Motel,Restaurant/Bar
  • Area
  • Bayside Interior
  • MLS#
  • MDWO2003470
  • Zip
  • 21842
Listing Provided by: Coldwell Banker/Bud Church Rea
Data Source: Bright MLS

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Building Name NONE AVAILABLE
Business Type Apartment Building, Hotel/Motel, Restaurant/Bar
Construction Materials Stick Built
Cool Fuel Electric
Cooling Multi Units
County WORCESTER
Days on Market 65
Electric 150 Amps
Flooring Carpet
Heating Space Heater
Historic Y/N No
Legal Subdivision PARROT LAGOON MIAMI BEACH MOTE
Lot Size Square Feet 0.00
MLS Area Bayside Interior (83)
Municipality Ocean City
New Construction No
Ownership Fee Simple
Possession 0-30 Days CD
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Very Good
Roof Architectural Shingle
Security Features 24 hour security, Desk in Lobby, Exterior Cameras, Smoke Detector, Sprinkler System - Indoor
Sewer Public Sewer
Tax Annual Amount 846.0
Tax Year 2021
Total Units 38
Utilities Cable TV, Natural Gas Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning R-2

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 0.00
Car Parking Spaces 40
Fencing Y/n Yes
Foundation Details Block
Inclusions All furniture.
Lot Dimensions 0.00 x 0.00
Lot Features Landscaping, Cleared
Lot Size Acres 0.00
Lot Size Source Assessor
Navigable Water Y/N No
Parking Features Paved Parking, Private
Road Responsibility City/County
Road Surface Type Black Top, Paved
Soil Types Unknown
Total Parking Spaces 40
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbridge, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/8/2021 Listed $5,500,000

Property vs Zip Code Average in 21842

Price
AVG $530K
$5.5M
Taxes
AVG $3,389
$846
Visits
AVG 31
14
Year Built
AVG 1984
1970
Walkscore
AVG 37
59
Data Provided by Walkscore ® not using MLS data

Map

203-9th Street /805Philadelphia Ave/804 St Louis Avenue Ocean City, MD is a Single Family Home for sale at $5500000 and a lot size of Acre(s). 203-9th Street /805Philadelphia Ave/804 St Louis Avenue Ocean City has 0 bedrooms, 0 baths and was built in 1970. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.