613 Atlantic Avenue

    OCEAN CITY, MD 21842
    • $17,500,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 1009990652
    UPDATED: 49 min ago
    $17,500,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 25,343
      SQFT
    • $691
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    RARE opportunity to own an Oceanfront Boardwalk Hotel and 2 retail stores! Located between 6th and 7th streets in the heart of Ocean City, this listing sits on 2 Oceanfront Boardwalk lots and 2 Ocean block parcels. Highly desirable off street parking and a pool are already available as the current hotel operates. Amazing redevelopment potential with the ability for large scale hotel or condominium building and multiple Boardwalk front stores!

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    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-11-17T19:57:10.223.
    www.darthomes.com/homes/88904263

    613 Atlantic Avenue OCEAN CITY, MD 21842

    • Price: $17,500,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 1009990652
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    25,343
    SQFT
    $691
    $/SQFT
    1925
    Built
    Neighborhood:
    Direct Oceanfront (80)
    County:
    Worcester
    Area:
    Direct Oceanfront (80)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    RARE opportunity to own an Oceanfront Boardwalk Hotel and 2 retail stores! Located between 6th and 7th streets in the heart of Ocean City, this listing sits on 2 Oceanfront Boardwalk lots and 2 Ocean block parcels. Highly desirable off street parking and a pool are already available as the current hotel operates. Amazing redevelopment potential with the ability for large scale hotel or condominium building and multiple Boardwalk front stores!
    Exterior Features

    Construction Materials FrameStick BuiltVinyl SidingOther Direction Faces East Distance To Body Of Water 0 Garage YN No Location Type Ocean Lot Features ClearedCornerFlood PlainPoolside Other Structures Above GradeBelow Grade Parking Features Private Parking Types Off StreetParking Lot Road Responsibility City/County Road Surface Type Paved Roof Architectural ShingleAsbestos Shingle Soil Types Sandy View Ocean Water Access Features Public Beach Water Access YN Yes Water Body Type Ocean Water Oriented YN Yes Waterfront Features Sandy Beach Waterfront YN Yes

    Interior Features

    Basement Other Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 25343.00 Cooling Central A/CWall Unit Fireplaces Total 0 Heating Heat Pump(S) Heating YN Yes Living Area 25343 Net Square Feet 25343.00

    Property Features

    Acceptable Financing CashOther Accessibility Features None Assessment Year 2018 Association YN No Building Name None Available Business Type Hotel/Motel Central Air YN Yes Cooling Fuel Electric Electric 220 Volts3 PhasesCircuit BreakersOther Elevators 1 Heating Fuel Other Historic YN No Hot Water ElectricNatural Gas Incorporated City Name Ocean City Lease Considered YN No Navigable Water YN Y New Construction YN No Number Of Units Total 0 Original MLSNumber 300931782671 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 75815.66 Tax Assessment Amount 5367100.0 Tax Lot 2853 Vacation Rental YN No Water Source Public Zoning Bc-2 Zoning Description Bc-2

    Listing courtesy of Condominium Realty, Ltd.
    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-11-17T19:57:10.223.
     
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