116 78th St Ocean City, MD 21842
Ocean City AreaEstimated payment $17,963/month
Highlights
- Water Oriented
- Bay View
- Central Air
- Ocean City Elementary School Rated A
- 2 Car Attached Garage
- Heat Pump System
About This Home
Rare opportunity to own all three brand-new luxury townhomes in one of Ocean City's most desirable bayside locations. Offered together as a package, this unique investment includes three beautifully crafted residences, each featuring stunning bay views, high-end custom finishes, and thoughtful design throughout. Built by a respected local custom builder, every unit offers expansive living spaces, conditioned garages with striking glass garage doors, and water views from each unit.
Located on a short bay block from the bay and an easy walk to the beach, owners and guests will appreciate access to a quieter, low-density stretch of shoreline without the crowds. The prime location places you close to restaurants, entertainment, shopping, and everything Ocean City has to offer while maintaining a more relaxed coastal atmosphere. With no HOA or condo fees, ownership is simple and cost-effective. The property also presents tremendous rental income potential—rent all three units or keep one for personal use while generating income from the other two. Whether you're seeking a premier investment property, family compound, corporate retreat, or luxury coastal getaway, opportunities like this are exceptionally rare.
Three brand-new townhomes. Bay views from every unit. No HOA or condo fees. Endless possibilities.
Listing Agent
(443) 552-7579 joe@coastallifeoc.com Coastal Life Realty Group LLC Brokerage Phone: 4435527579 License #532548 Listed on: 06/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,878
Year Built
- Built in 2025
Lot Details
- 6,000 Sq Ft Lot
- Cleared Lot
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Driveway
Home Design
- Triplex
- Block Foundation
- Frame Construction
- Vinyl Siding
Interior Spaces
- 5,022 Sq Ft Home
- Bay Views
Outdoor Features
- Water Oriented
- Property near a bay
Schools
- Stephen Decatur High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 2410088283
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $17,825 | $1,487,500 | $325,000 | $1,162,500 |
| 2025 | $17,825 | $1,305,367 | $0 | $0 |
| 2024 | $3,256 | $233,333 | $0 | $0 |
| 2023 | $2,811 | $200,000 | $200,000 | $0 |
| 2022 | $3,967 | $282,267 | $0 | $0 |
| 2021 | $3,970 | $280,933 | $0 | $0 |
| 2020 | $3,950 | $279,600 | $200,000 | $79,600 |
| 2019 | $3,978 | $279,600 | $200,000 | $79,600 |
| 2018 | $3,938 | $279,600 | $200,000 | $79,600 |
| 2017 | $3,979 | $281,700 | $0 | $0 |
| 2016 | -- | $281,700 | $0 | $0 |
| 2015 | $3,720 | $281,700 | $0 | $0 |
| 2014 | $3,720 | $283,800 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $2,999,900 | -- | $597 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $310,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | New Conventional |
Source: Bright MLS
MLS Number: MDWO2038992
APN: 10-088283
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