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401 Pacific Avenue

OCEAN CITY, MD 21842
  • $599,900
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: MDWO2015396
UPDATED: 35 min ago
$599,900
  • 2
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,300
    SQFT
  • $461
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1963
County:

School Ratings & Info

Description

Welcome to 401 Pacific Avenue in beautiful Ocean City, Maryland! This exceptional property offers the perfect beachside retreat with its ideal location, stunning features, and remarkable rental potential.Nestled on a corner lot just steps away from the sandy shores, this home boasts the ultimate coastal living experience. No Homeowners Association means you can enjoy the freedom of personalizing your space without restrictive rules. Investors will be delighted to discover the tremendous rental potential of this property. The current owner is already making $32,000 per year by renting it long-term, but with its fantastic location and amenities, the potential for weekly rentals could easily reach over $45,000.Convenience is at its best as you'll find yourself close to a grocery store and an array of restaurants, making dining and shopping a breeze. Additionally, the community's amenities are simply unbeatable, including a boat ramp for all the boating enthusiasts, tennis and basketball courts for sports lovers, a dog park for your furry friends, and a tot lot for the little ones to have endless fun.This property is designed with accessibility in mind, featuring an assisted access ramp to the home and an assisted access bathroom, making it easy for everyone to enjoy its beauty. Mature trees in the yard provide a natural and serene atmosphere, creating the perfect spot for relaxation and outdoor activities.The home has undergone numerous updates, ensuring a worry-free living experience. A new roof and gutters provide peace of mind during inclement weather, while newer stainless steel appliances in the kitchen elevate the culinary experience. The large wrap-around deck offers ample space for outdoor entertainment, allowing you to soak in the ocean breeze and savor the breathtaking views.Investors will be delighted by the tremendous rental potential this property offers. Whether you're looking for a vacation home or an income-generating rental property, 401 Pacific Avenue is an exceptional investment opportunity. Don't miss the chance to own this coastal gem! Schedule a tour today and immerse yourself in the tranquility and beauty of 401 Pacific Avenue, Ocean City, Maryland. Your dream beach retreat awaits!

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©2023 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 accurate by the MLS or Erik Hoferer & Associates | Long & Foster. 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: 2023-09-26T13:55:33.703.
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401 Pacific Avenue OCEAN CITY, MD 21842

  • Price: $599,900
  • Status: Active
  • On Site: 49 Days
  • Updated: 35 min ago
  • ID#: MDWO2015396
2
Beds
2
Baths
0
½ Baths
0.12
Acres
1,300
SQFT
$461
$/SQFT
1963
Built
Neighborhood:
Oceanbay City
County:
Worcester
Area:
Bayside Interior (83)
School District:
Worcester County Public Schools
Property Description
Welcome to 401 Pacific Avenue in beautiful Ocean City, Maryland! This exceptional property offers the perfect beachside retreat with its ideal location, stunning features, and remarkable rental potential.Nestled on a corner lot just steps away from the sandy shores, this home boasts the ultimate coastal living experience. No Homeowners Association means you can enjoy the freedom of personalizing your space without restrictive rules. Investors will be delighted to discover the tremendous rental potential of this property. The current owner is already making $32,000 per year by renting it long-term, but with its fantastic location and amenities, the potential for weekly rentals could easily reach over $45,000.Convenience is at its best as you'll find yourself close to a grocery store and an array of restaurants, making dining and shopping a breeze. Additionally, the community's amenities are simply unbeatable, including a boat ramp for all the boating enthusiasts, tennis and basketball courts for sports lovers, a dog park for your furry friends, and a tot lot for the little ones to have endless fun.This property is designed with accessibility in mind, featuring an assisted access ramp to the home and an assisted access bathroom, making it easy for everyone to enjoy its beauty. Mature trees in the yard provide a natural and serene atmosphere, creating the perfect spot for relaxation and outdoor activities.The home has undergone numerous updates, ensuring a worry-free living experience. A new roof and gutters provide peace of mind during inclement weather, while newer stainless steel appliances in the kitchen elevate the culinary experience. The large wrap-around deck offers ample space for outdoor entertainment, allowing you to soak in the ocean breeze and savor the breathtaking views.Investors will be delighted by the tremendous rental potential this property offers. Whether you're looking for a vacation home or an income-generating rental property, 401 Pacific Avenue is an exceptional investment opportunity. Don't miss the chance to own this coastal gem! Schedule a tour today and immerse yourself in the tranquility and beauty of 401 Pacific Avenue, Ocean City, Maryland. Your dream beach retreat awaits!
Exterior Features

Architectural Style Ranch/Rambler Construction Materials Stick BuiltVinyl Siding Garage YN No Location Type Bayside Lot Features Corner Parking Features Public Parking Types On Street Pool No Pool Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1300 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace Features Wood Fireplace YN Yes Fireplaces Total 1 Heating Heat Pump(S) Heating YN Yes Interior Features Entry Level Bedroom Levels 1 Main Level Bedrooms 2 Spa YN No

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2023 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Federal Flood Zone YN Yes Foundation Details BlockCrawl Space Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 802506705282 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 3260.00 Tax Assessment Amount 236600.00 Tax Lot 12 Vacation Rental YN No Water Source Public Zoning R-1

Listing courtesy of Atlantic Shores Sotheby's International Realty: .


©2023 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 accurate by the MLS or Erik Hoferer & Associates | Long & Foster. 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: 2023-09-26T13:55:33.703.
 
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