Description
LC1 Zoning!!! Property in Ocean City, Md is scarce. Incredible Developer opportunity and potential. Fabulous mid-town location. Bay views and a short walk to the beach. Several of the Cottages are rented / occupied. Property as shown currently produces $47,000.00+ annual income. Interior of cottages cannot be shown at this time. Property approved for 20+, 2 car garage town homes, or a 40 unit condo/hotel building. Do a walk around. Lot 200 ft X 120 ft. Approximately 24,000 sq. ft. Tax accounts 10-086906 & 10-431077 are included in the offering. Additional connecting lots may be available. All existing structures are sold as-is.
-
0BEDS
-
0.55ACRES
-
0BATHS
-
01/2 BATHS
-
1,656SQFT
-
$1,207$/SQFT
School Information
Description
LC1 Zoning!!! Property in Ocean City, Md is scarce. Incredible Developer opportunity and potential. Fabulous mid-town location. Bay views and a short walk to the beach. Several of the Cottages are rented / occupied. Property as shown currently produces $47,000.00+ annual income. Interior of cottages cannot be shown at this time. Property approved for 20+, 2 car garage town homes, or a 40 unit condo/hotel building. Do a walk around. Lot 200 ft X 120 ft. Approximately 24,000 sq. ft. Tax accounts 10-086906 & 10-431077 are included in the offering. Additional connecting lots may be available. All existing structures are sold as-is.
©2021 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 RE/MAX Advantage Realty. 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: 2021-01-24T09:51:20.8.