$1,399,900

106 5th St Ocean City, MD 21842

Estimated payment $8,544/month

Total Views 16,295
4 Beds
3 Baths
3,796 Sq Ft
$369 Price per Sq Ft

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Ocean City Elementary School Rated A
  • Entrance Foyer
  • Dining Room

About This Home

Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!

Listing Agent

Kevin Decker

Coastal Life Realty Group LLC License #532548 Listed on: 03/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,754

Year Built

  • Built in 2011

Lot Details

  • 3,344 Sq Ft Lot
  • Property is zoned R-3A

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Off-Site Parking

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,796 Sq Ft Home
  • Property has 4 Levels
  • Entrance Foyer
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Flood Risk

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2410032687

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,754

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 2, Upper 3
  • Federal Flood Zone: Yes
  • Year Built: 2011
  • Remarks Public: Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 4
  • Room List: Dining Room, Foyer
  • Basement: No
  • Total Sq Ft: 3796
  • Living Area Sq Ft: 3796
  • Price Per Sq Ft: 368.78
  • Above Grade Finished Sq Ft: 3796
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 106

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 3
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 3 Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level 3 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: M
  • Lot Size Acres: 0.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3344.00
  • Year Assessed: 2024
  • Zoning: R-3A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9754.00
  • Assessor Parcel Number: 2410032687
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 3796
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $1,399,900 -- $369 / Sq Ft
Source: Bright MLS

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See All Homes in Ocean City

Source: Bright MLS

MLS Number: MDWO2029018

Bright MLS

APN: 10-032687

Maryland Worcester County Ocean City 21842

106 5th St, Ocean City, MD

This home is located at 106 5th St, Ocean City, MD 21842 and is currently priced at $1,399,900, approximately $368 per square foot. This property was built in 2011. 106 5th St is a home located in Worcester County with nearby schools including Ocean City Elementary School, Stephen Decatur Middle School, and Berlin Intermediate School.

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Nearby Homes
Kevin Decker
Listing Agent
Kevin Decker
Section Image
Coastal Life Realty Group LLC
(443) 565-4676