Price Reduction
Listed By:
Berkshire Hathaway HomeServices PenFed Realty - OP
Address
9801 / 9805 Golf Course Road, Ocean City, MD
Price
$ 1,149,000
Property Attributes
  • MLS#MDWO2019446
  • TypeSingle Family
  • CountyWORCESTER
  • CityOcean City
  • AreaWorcester East of Rt-113
  • NeighborhoodWest Ocean City
  • Zip21842
  • StyleCoastal
  • Year Built1940
  • Taxes$ 1703
  • Price$ 1,149,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1712
  • Lot Size0.37 Acres
Data Source:
Bright MLS
Property Description

Just Dropped 100K!!!! Commercial Investment Opportunity in West Ocean City, MD. Located directly across from the acclaimed Sello's Restaurant, this commercial property in the heart of West Ocean City, Maryland, offers a unique investment opportunity with limitless potential. Comprising two parcels, the property features two beautifully updated cottages, promising a blend of charm and modern convenience. Cottage one offers a cozy retreat with one bedroom, one bath, living area, kitchen, and front porch perfect for a private getaway or an intimate holiday rental. The second cottage, with two bedrooms, one bath, living room, dining room, and kitchen provides ample space for small families or groups, ensuring comfort and relaxation for all guests. Each cottage was thoughtfully updated and renovated in 2020. Zoned C-2, this property presents an unparalleled advantage. Whether you envision a bustling retail space, an exclusive office, or continue thriving as short-term rentals, the possibilities are as vast as your imagination. The strategic zoning ensures you have the flexibility to bring your vision to life, making this not just an investment in real estate, but in the endless potential of West Ocean City itself. Location is everything, and this property does not disappoint. A leisurely stroll will take you to the Ocean City Fishing Harbor with the public boat ramp and Sunset Marina, where the beauty of our fishing community can be fully appreciated. For beach lovers, the sandy shores of Ocean City, MD, are just 4 miles away, offering sun, surf, and entertainment. Assateague Island, known for its wild ponies and pristine beaches, is just 6 miles away. Currently utilized as short-term rentals, this property has already proven its value and appeal. The demand for unique, comfortable accommodations in West Ocean City is high, making this a turn-key investment with immediate returns. However, with C2 zoning, your options are open, allowing you to redefine the space to meet your goals. Don't miss this chance to own a piece of West Ocean City's charm. Whether you're looking to expand your portfolio, start a new venture, or simply own a piece of this beloved Maryland treasure, this property offers the perfect foundation for your dreams.

Elementary School Middle School High School
Ocean City Elementary School Stephen Decatur Middle School Stephen Decatur High School
Price History
3/4/2024 Listed $1,299,000
4/9/2024 8% - $1,199,000
5/2/2024 5% - $1,149,000

General Features

Interior Features Breakfast Area,Built-Ins,Floor Plan - Open,Kitchen - Galley,Recessed Lighting,Upgraded Countertops
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Architectural Shingle
Appliances Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
Zoning C-2
Pool Y/N No Pool
Architectural Style Coastal
Construction Materials Concrete,Stick Built
Exclusions Contents of storage shed
Year Built 1940
Levels 1
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
County WORCESTER
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name WEST OCEAN CITY
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions From RT 50 heading towards Ocean City make a right on Golf Course Rd. Cottages on the right across from Sellos.
ModificationTimestamp 2024-05-02T10:51:55
City OCEAN CITY
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area Worcester East of Rt-113
Lot Size Square Feet 16200.00
Tax Assessed Value 177900.0
Waterfront Y/N No
Street Name GOLF COURSE
Tax Annual Amount 1703.0
Home Warranty Y/N No
Structure Type Detached
Condo/Coop Association Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft 671.14
Acceptable Financing Cash,Conventional
Vacation Rental Y/N Yes
Total SQFT 1712
Days on Market 57
Standard Status Active
Year Built Source Assessor
Legal Subdivision OCEAN CITY HEIGHTS A
Tax Lot 13
Total Actual Rent 60000.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Flooring Luxury Vinyl Plank
Hot Water Electric
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1712
Full Baths 2
Street Suffix ROAD
Central Air Y/N Yes
Total Bedrooms 3
Main Level Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Estimated
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Parking Features Shared Driveway
Water Source Well
Inclusions Sold Furnished
Total Parking Spaces 8
Type of Parking Driveway
Land Use Code R
Foundation Details Crawl Space
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.37
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 0.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 21842

Price
AVG $1.57M
$1.15M
Taxes
AVG $6,425
$1,703
Visits
AVG 708
351
Data Provided by Inside Real Estate®
Year Built
AVG 1990
1940

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