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11 83rd Street

Ocean City, MD 21842

– beds
– baths
3,840 sqft
6,000 sqft lot
$416 per sqft
1959 build

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Welcome to this truly exceptional and rare 12-bedroom multi-family residential listing located just steps from the beach in the highly sought-after midtown Ocean City! The 83rd st ocean block offers an optimal beach experience with minimal density in the surrounding area. The entire property consists of 2 buildings and comprised of 4 units: two 3-bedroom/2 bathroom units, one 2-bedroom/2 bathroom unit, and one 4-bedroom/3.5 bathroom unit. The back building is where you’ll find the two 3-bedroom, 2 bath units boasting with ocean views from each units balconies, the living rooms and great parking. The front building left side unit is a ground level 2-bed 2 bath upgraded apartment with a tenant already paying $1795 a month and is responsible for the electricity bill along with cable/internet. As of 1 April, there is a month-to-month lease in place, requiring 30 days notice for cancellation from either party. Interested buyers could be told that the tenant welcomes a longer term lease. The right unit is a 4 bedroom 3.5 bath house waiting for its next owners finishing touches. Many upgrades made to this entire building within the last 3 years including a complete exterior overhaul. The house features beautiful ocean views from all balconies, living room, two primary bedrooms and a light filled flex room on the top floor where you’ll find a rough in for the half bath and access to the spectacular ocean view wrap around roof top deck. Electrical and plumbing are in place. Owner had electrical put in to support an elevator. Lots of construction material onsite including stair treads, doors, etc. Bathrooms are near completion with marble finishes and a freestanding tub in the primary. The kitchen comes right off the sunny ocean view living room with ample cabinets installed and a space for dining. Come see this property for yourself and all the potential is has to offer. Live in one and rent the rest or rent all four all summer and make an estimated 160-190k in rental income. Situated near local restaurants, shops, and mini golf, providing a fantastic lifestyle for tenants and guests.

Listing courtesy of BRIGHT / Coastal Life Realty Group LLC

Last checked: Checking… • Last updated Mar 27, 2025 •

MLS# MDWO2028470 —

The Building

Year Built:

1959
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Other
Building Units Total:

4
Structure Type:

Other
Architectural Style:

Coastal
Accessibility Features:

None
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

3840

Interior

Interior Features:

Floor Plan - Open
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3840
Living Area SqFt:

3,840 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, Other
Buyer Financing:

Conventional
Possession:

Settlement

Location

Directions:

North on Coastal Hwy. Right Onto 83rd.
Latitude:

38.40142000
Longitude:

-75.06019000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.14
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

6,000 Sqft
Zoning:

R-3
In City Limits:

Yes
Outdoor Living Structures:

Porch(es), Balcony
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

M
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

2410090326
Tax Year:

2024
Tax Lot:

24
Tax Annual Amount:

$11,378
Tax Assessed Value:

$812,967
Year Assessed:

2024
County Tax:

6870.00
City/Town Tax:

3598.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Heat Pump(s)
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Appliances

Appliances:

Stove, Washer, Dryer, Dishwasher, Microwave

Schools

School District Name:

Worcester County Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool
Municipal Trash:

Yes
Transportation:

Bus Stop less than 1 mile

Parking

Garage:

No
Type of Parking:

Driveway, Parking Lot

Extra Units

Vacation Rental:

No
Units Furnished:

All
Two Bedroom Units:

1
Three Bedroom Units:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Sold	BRIGHT	$1,600,000	-3.0%
2/25/25 Feb 25, 2025	Sold Subject To Contingencies	BRIGHT	$1,650,000
2/12/25 Feb 12, 2025	Listed / Active	BRIGHT	$1,650,000

Multifamily Sold on 3/27/2025

$1,600,000

Listing provided by broker:

Joseph Wilson

Coastal Life Realty Group LLC

joe@coastallifeoc.com

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Listing Courtesy of: BRIGHT and Coastal Life Realty Group LLC.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.

11 83rd Street

Ocean City, MD 21842