$3,700,000

5908 Coastal Hwy, Ocean City, MD, 21842

2,022

Square feet

An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

Facts & Features

MLS® # MDWO2017716
Price $3,700,000
Bathrooms 0.00
Square Footage 2,022
Acres 0.00
Year Built 2007
Type Multi-Family
Sub-Type Other, Interior Row/Townhouse
Style Colonial
Status Active

Community Information

Address 5908 Coastal Hwy
Area Ocean Block (82)
City Ocean City
County WORCESTER-MD
State MD
Municipality Ocean City
Zip Code 21842
Senior Community No

Amenities

# of Garages 12
Garages Other
View Ocean
Is Waterfront No

Interior

Appliances Dishwasher, Stove, Microwave, Dryer, Washer
Heating Central
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Exterior Vinyl Siding
Exterior Features Deck(s)
Foundation Other

School Information

District WORCESTER COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed January 1st, 2024
Days on Market 135
Zoning R
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRedfin Corp
Contact Info301-658-6186

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?