112 / 114-a 75th St, Ocean City, MD 21842
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
112 / 114-a 75th St,Ocean City, MD 21842
$1,409,900
- 11 Beds
- - Baths
- 4,048 sq. ft.
- Multi-family
- Active
Listed by: spike sands
Office: berkshire hathaway homeservices penfed realty - op
MLS#:MDWO2035604
Source:BRIGHTMLS
Price summary
- Price:$1,409,900
- Price per sq. ft.:$348.3
About this home
Huge Price Drop
This bayfront, income-producing multi-unit property on 75th Street in Ocean City, MD presents a rare opportunity to own a unique compound overlooking Assawoman Bay. Situated on two parcels, Tax ID #2410086868 and Tax ID #2410086841, the property includes three separate buildings offering exceptional water views from each structure and strong rental performance potential.
The complex consists of one two-bedroom house, two three-bedroom units, and one four-bedroom unit, totaling twelve bedrooms and nine full bathrooms. Each unit is designed to maximize views and functionality, creating an ideal setup for vacation rentals, multi-generational use, or a private waterfront retreat.
The property has been substantially improved with a new roof and new siding on two of the three buildings, raised foundations, extensive interior renovations, and the addition of a storage unit, making this a turnkey opportunity with reduced future capital needs.
Unit A offers three bedrooms and two bathrooms, sleeps up to ten guests, features central air conditioning, and showcases excellent bay views. Unit B includes two bedrooms and one bathroom with wall air conditioning and baseboard heat and presents a clear value-add opportunity for future redevelopment on the existing raised foundation. Unit C features a large updated kitchen, four spacious bedrooms, three full bathrooms, central air and heat, and expansive bay views, comfortably sleeping up to twelve guests. Unit D has been nicely updated with granite countertops, large bedrooms and bathrooms, three bedrooms and three full baths, central air conditioning, excellent water views, and sleeps up to ten.
All units are furnished in a coastal style and include laminate flooring, updated countertops, large flat-screen televisions, refrigerators, and microwaves. The property also features a community washer and dryer on site, an outdoor shower, on-site storage, and a large driveway with thirteen off-street parking spaces, allowing guests to park once and walk to nearby midtown shops, restaurants, and the beach.
Located just blocks from the ocean with direct bay access only steps away for paddleboarding or kayaking, this property delivers both the lifestyle renters seek and the income investors value. With large decks, stunning bay sunsets, and a flexible multi-building layout, this is a rare midtown Ocean City waterfront compound offering immediate income and long-term upside. Professional photos to follow....
Contact an agent
Home facts
- Year built:1985
- Listing ID #:MDWO2035604
- Added:195 day(s) ago
- Updated:July 29, 2026 at 01:56 PM
Rooms and interior
- Bedrooms:11
- Flooring:Luxury Vinyl Plank
- Kitchen Description:Breakfast Area, Built-In Microwave, Built-In Range, Built-Ins, Dishwasher, Disposal, Kitchen - Island, Kitchen - Table Space, Microwave, Oven/Range - Electric, Recessed Lighting, Refrigerator, Stainless Steel Appliances, Upgraded Countertops, Water Heater
- Living area:4,048 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Roof:Architectural Shingle
- Year built:1985
- Building area:4,048 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Bayside
- Architectural Style:Coastal
- Construction Materials:Frame
- Exterior Features:BBQ Grill, Deck(s), Exterior Lighting, Porch(es)
- Foundation Description:Block, Crawl Space
Schools
- High school:STEPHEN DECATUR
- Middle school:STEPHEN DECATUR
- Elementary school:OCEAN CITY
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,409,900
- Price per sq. ft.:$348.3
- Tax amount:$8,900 (2025)
Features and amenities
- Amenities:Attic, Built-Ins, Cable TV Available, Ceiling Fan(s), Primary Bedroom - Bay Front, Recessed Lighting
Parking
- Parking description:Crushed Stone, Free, On Street, Private
New listings near 112 / 114-a 75th St
- New
$210,000Active1 beds 1 baths432 sq. ft.12 122nd St #3b, OCEAN CITY, MD 21842
MLS# MDWO2040234Listed by: EXP REALTY, LLC - New
$475,000Active2 beds 2 baths1,064 sq. ft.4709 Coastal Hwy #364, OCEAN CITY, MD 21842
MLS# MDWO2040172Listed by: ERA MARTIN ASSOCIATES - New
$799,000Active4 beds 4 baths2,022 sq. ft.5906 Coastal #2s, OCEAN CITY, MD 21842
MLS# MDWO2040226Listed by: EXP REALTY, LLC - Coming Soon
$525,000Coming Soon3 beds 2 baths413 Bayshore Dr #201, OCEAN CITY, MD 21842
MLS# MDWO2039858Listed by: COASTAL LIFE REALTY GROUP LLC - New
$1,350,000Active3 beds 4 baths1,688 sq. ft.419 14th St #71, OCEAN CITY, MD 21842
MLS# MDWO2040170Listed by: RE/MAX ONE - Coming Soon
$1,300,000Coming Soon4 beds 3 baths106 Philadelphia Ave, OCEAN CITY, MD 21842
MLS# MDWO2040236Listed by: COLDWELL BANKER REALTY - New
$299,900Active2 beds 2 baths870 sq. ft.411-c 146th St #145, OCEAN CITY, MD 21842
MLS# MDWO2037824Listed by: KELLER WILLIAMS REALTY DELMARVA - New
$579,900Active3 beds 2 baths1,301 sq. ft.9 90th St #103, OCEAN CITY, MD 21842
MLS# MDWO2040140Listed by: HAWKINS REAL ESTATE COMPANY - Coming Soon
$9,500,000Coming Soon6 beds 5 baths12903 Windy Dr, OCEAN CITY, MD 21842
MLS# MDWO2039854Listed by: HOLIDAY REAL ESTATE - Coming Soon
$1,699,000Coming Soon5 beds 5 baths5 Beach Side Mews, OCEAN CITY, MD 21842
MLS# MDWO2039900Listed by: RE/MAX ADVANTAGE REALTY