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OCEAN CITY Maryland Real Estate Properties For Sale

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611 ATLANTIC AVENUE, OCEAN CITY, Maryland
MLS #: MDWO2003572
0 Bedrooms
0 Bathrooms
0 Half Bathroom
Dwelling Type: Five Or More Units
Area: Direct Oceanfront (80)
Status:
Year Built: 1925

Price: $12,900,000

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Historically Run family hotel that is located on 7th street and the Boardwalk. Amazing opportunity to run an existing hotel or purchase for re-development in future years. The Majestics main building consists of 52 rooms, amazing old school front porch, something Ocean City was built on. In addition the main building includes 2 retail stores with 1250/534 sq feet. The 2nd Oceanfront building contains 9 direct Ocean Front apartments all with individual ocean front porches. These apartments equal: 4-3br units, 4-4Br units and 1-1br unit. The Ocean Block building has 2-2br units and a coin operated laundry facility. In addition: the last building is approximately 3700 sq ft which consists of 2-3br units and a 1-2br unit. For developers. Call listing agent for Non conformity use. Call listing agent for all showings. Listing agent must accompany all showings.


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Property Details

Address: 611 ATLANTIC AVENUE OCEAN CITY ,
County:
MLS#: MDWO2003572
MLS Area: Direct Oceanfront (80)
Property Sub-Type: Five Or More Units
Waterfront: Ocean
Waterview: Ocean
Pool:
Garage Type/Spaces: / 0.00
Year Built: 1925
New Construction:
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List Date:
List Price: $12,900,000
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Lot Acres: 0.65
Zoning Code:
Annual St/Cnty Tax: $8,783
Annual City Tax: $4,741
Annual Rental Fee:
Bedrooms: 0
Full Baths: 0
Half Baths: 0
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Annual Condo Fee: $0
Annual HOA Fee: $0
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Annual Sewer Fee: $0
Annual Trash Fee: $0
Annual Water Fee: $0
Building Name: NONE AVAILABLE
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LA:
LO: Coldwell Banker/Bud Church Rea

Location Map

Map locations are approximate. Please contact one of our sales agents for additional location information.

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All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction.

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