304 15TH ST, Ocean City, MD 21842

• 2,532 sqft

Property Description

Exceptional opportunity to own a waterfront 2-unit property in the heart of Ocean City with 2 private boat slips and strong appeal for investors, second-home buyers, or those seeking flexible multi-generational use. Comprised of a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, this renovated R-2 property offers versatility for short-term rental, seasonal use, annual rental, or owner-occupied income-producing use. The detached garage may offer potential for conversion to additional living space, subject to zoning requirements and approvals. In addition to the 2 private boat slips, highlights include canal and bay views, private entrances, enclosed porch/sunroom areas, private garage, and extensive recent improvements. A private deck on the lower unit overlooks the water and fenced-in yard. Inside, both kitchens have been recently renovated, along with new LVP flooring, lighting fixtures, paint, and updated furniture, including an original Ocean City Boardwalk board dining table. Located within walking distance to the beach, boardwalk, dining, shopping, and entertainment, this is a rare chance to market a true multi-family waterfront asset in a prime Ocean City location. With over $110,000 rental income, this is a rare chance to own a versatile waterfront property in with built-in flexibility and long-term value.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 12:18PM

Listing Office:

ERA Martin Associates, Shamrock Division : 4106415000

Listing Agent:

Brittani Phillips : 4435045281

MLS ID:

MDWO2037804

Interior

• General: 2nd KitchenAtticCarpetCeiling Fan(s)Chair RailingsCrown MoldingsDining AreaEntry Level BedroomKitchen - Table SpaceOtherPantryRecessed LightingUpgraded CountertopsWindow Treatments
• Appliances: DishwasherDryerMicrowaveRefrigeratorStoveWasher
• Laundry: Lower FloorUpper Floor
• Flooring: CarpetCeramic tileHardwoodLuxury vinyl plank
• A/C: Central A/CWall Unit
• Heating: Heat Pump(s)Electric
• Disability Feature: None

Exterior

• General: BBQ GrillExterior LightingFlood LightsGutter SystemSecure StorageAbove Grade
• Style: Cape Cod
• Other Structures: EnclosedPorchBalconyDeckScreened
• Parking: Concrete DrivewayPrivate

Construction

• Roofing: Architectural Shingle
• General: BlockFrameStick BuiltBlockCrawl Space

Location

• Originating MLS: BRIGHT_MAIN
• School District: WORCESTER COUNTY PUBLIC SCHOOLS
• County: WORCESTER-MD

Lot

• Zoning: R-22410041074
• View: Canal
• Fencing: FullyVinyl
• Waterfront: 50

Utilities

• Utilities: Cable tvNatural gas availablePropane
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Personal ItemsMarked wall photos and decorPersonal PhotosGarage Items