• Asking Price $3,700,000
  • Estimated Value: $821,745
  • 5908 COASTAL HWY #8A OCEAN CITY, MD 21842

  • 20 Beds 15 Baths 2,022 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 5908 COASTAL HWY #8A, OCEAN CITY, MD 21842

Features

  • Price/sqft: $1,829
  • Total Units: 1
  • Total Rooms: 10
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • Heating: Central Furnace

Facts

  • Year Built: 01/01/2007
  • Property ID: 848994406
  • MLS Number: MDWO2018470
  • Parcel Number: 10-760089
  • Property Type: Townhouse or Condo
  • County: WORCESTER
  • Legal Description: UNIT 8A COASTAL HWY PALM COAST CM
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

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Property Brokerage: Redfin Corporation 540 Gaither ROAD 500 Rockville MD 20850
Copyright © 2024 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.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.