Ad #7727514
MLS #MDWO2032146
Two Parcels For Sale Updated Multi-Unit Property + Rare Lot
205 10TH St, Ocean City, MD 21842
$1,329,900
--Beds
--Baths
2,744Sqft
0.31Acres
About this property
Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City's entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired decor, providing a relaxed and inviting experience for guests or tenants. Update 1/21/26: New Kitchen being installed in Unit 5. The building has undergone significant renovations, including a full new front facade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City-offering a rare chance to expand with additional rental units or custom development. Whether you're an investor seeking reliable cash flow or a developer looking to build in one of the East Coast's most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location. 980,000 for the house and 350,000 for the lot
Property Features
0 Beds
0 Baths
2,744 Sqft
Built in 1950
0.31 Acres
Fenced, Parking Lot, On Street
Siding: Frame
Other (Heating), Electric (Heating), Baseboard
$6,743 / yr property tax
Worcester County
Additional Photos
Contact Information
Spike Sands
Berkshire Hathaway HomeServices Penfed Realty
443-235-0489
Location
Listing Agent: Spike Sands (License #: 637504) 443-235-0489
Broker: Berkshire Hathaway HomeServices Penfed Realty 866-225-5778 Listing Site
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Berkshire Hathaway HomeServices Penfed Realty 866-225-5778 Listing Site
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$1,329,900
--
Beds
--
Baths
2,744
Sqft
205 10TH St, Ocean City, MD 21842
By contacting this agent you agree to these Terms and Conditions.
MLS# MDWO2032146
Two Parcels For Sale Updated Multi-Unit Property + Rare Lot
$1,329,900
205 10TH St, Ocean City, MD 21842
--
Beds
--
Baths
2,744
Sqft
0.31
Acres
$1,329,900
205 10TH St, Ocean City, MD 21842
-- Beds
-- Baths
2,744 Sqft
0.31 Acres
Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City's entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired decor, providing a relaxed and inviting experience for guests or tenants. Update 1/21/26: New Kitchen being installed in Unit 5. The building has undergone significant renovations, including a full new front facade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City-offering a rare chance to expand with additional rental units or custom development. Whether you're an investor seeking reliable cash flow or a developer looking to build in one of the East Coast's most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location. 980,000 for the house and 350,000 for the lot
33 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
2,744 Sqft
Built in 1950
0.31 Acres
EXTERIOR
Fenced, Parking Lot, On Street
Siding: Frame
INTERIOR
Other (Heating), Electric (Heating), Baseboard
FINANCIAL & COMMUNITY
$6,743 / yr property tax
Worcester County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7727514
Viewed
69 times
Listing Status
Active
Added
Jul 09, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Bright MLS
Source Property ID
MDWO2032146
Listing Agent: Spike Sands (License #: 637504) 443-235-0489
Broker: Berkshire Hathaway HomeServices Penfed Realty 866-225-5778 Listing Site
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Berkshire Hathaway HomeServices Penfed Realty 866-225-5778 Listing Site
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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