12506 Assawoman Drive, Ocean City, MD 21842-2232 $995,000

# of Units: 1
Interior Sq. Ft: 2,016
Acreage: 0.11
Age:59 years
Taxes: $8,829
MLS#: MDWO2030292
Design/Type:
Detached

Description

Rarely available ocean block beach cottage just steps from the sand, featuring two spacious 3-bedroom, 1.5-bath units, each approximately 1,008 square feet, on a 5,000 sq ft lot in a prime midtown location. Very close to the beach, this property offers inviting front porches, ample rear parking, and the freedom of no HOA or condo fees. Zoned R-3A, it presents excellent redevelopment potential for up to three units. Ideal for investors or owner-occupants, live in one unit and rent the other for strong income potential. Close to top restaurants and nightlife, this is a rare opportunity to own a versatile coastal property with both lifestyle and investment appeal.

Taxes: $8,829
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Worcester County Public Schools

Features

Utilities
Forced Air Heating, Heat Pump(s), Electric, Central A/C, Ductless/Mini-Split, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Parking Lot

Interior
Accessibility - 36"+ wide Halls

Exterior
Block Foundation, Frame Exterior

Lot
Cleared Lot, Oceanblock

Contact Information

Listing Courtesy of: Berkshire Hathaway HomeServices PenFed Realty-WOC , (410) 520-2600

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Listing data as of 5/03/2025.