304 15th Street Ocean City, MD 21842
Listing Courtesy of: BRIGHT IDX / Listed By: Brittani Phillips, ERA Martin Associates

  304 15th Street Ocean City, MD 21842

Active (206 Days)
$1,099,900 (USD)
5
BED
4
BATH
2,532
SQFT
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Description

HUGE PRICE IMPROVEMENT!!! Rare opportunity to own a direct bayside waterfront 2-unit property in Downtown Ocean City, just blocks from the beach, boardwalk, dining, and attractions. The property features two separate units: a 3BR/3BA first-floor unit and a 2BR/1BA second-floor unit, offering flexibility for multi-generational living, extended family use, personal enjoyment, or rental income. There may also be potential for additional living space or rental income through the detached garage, pending zoning and other applicable approvals.Both units feature remodeled kitchens with granite countertops, custom cabinetry, tile backsplashes, and separate brand new washers and dryers in 2026. Both units have BRAND NEW HVAC systems as of August 2026. Enjoy beautiful canal and bay views from the sunroom, balcony, and large waterfront composite deck. Additional highlights include 2 private boat slips, outdoor space for entertaining, and a detached garage for storage of all your beach and boating gear. With approximately $110,000 in annual rental income over the past two years, this is a rare waterfront opportunity with exceptional versatility.

MLS #:
MDWO2037052
Taxes
$9,351(2025)
Lot Size
5,500 SQFT
Type
Single-Family Home
Building Name
None Available
Year Built
1956
Style
Cape Cod
School District
Worcester County Public Schools
County
Worcester County

Listed By

Brittani Phillips, ERA Martin Associates
Source
BRIGHT IDX
Last checked Oct 10 2026 at 8:59 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Dining Area
  • Crown Moldings
  • Window Treatments
  • Dishwasher
  • Dryer
  • Microwave
  • Washer
  • Refrigerator
  • Stove
  • Chair Railings
  • Entry Level Bedroom
  • Upgraded Countertops
  • Walls/Ceilings: Dry Wall
  • Recessed Lighting
  • Kitchen - Table Space
  • 2nd Kitchen
  • Other
  • Walls/Ceilings: Wood Walls
  • Attic
  • Carpet
  • Pantry
  • Ceiling Fan(s)
Subdivision
  • Neptune Development
Lot Information
  • Bulkheaded
  • Other
  • Fishing Available
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Crawl Space
  • Foundation: Block
Heating and Cooling
  • Heat Pump(s)
  • Central A/C
  • Wall Unit
Flooring
  • Hardwood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank
Exterior Features
  • Frame
  • Block
  • Stick Built
  • Roof: Architectural Shingle
Utility Information
  • Utilities: Cable Tv, Natural Gas Available, Propane
  • Sewer: Public Sewer
  • Fuel: Electric
School Information
  • Elementary School: Ocean City
  • Middle School: Stephen Decatur
  • High School: Stephen Decatur
Parking
  • Private
  • Concrete Driveway
Stories
  • 2
Living Area
  • 2,532 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 06, 2026
Price Changed
$1,099,900
-8%
-$100,000
Apr 15, 2026
Price Changed
$1,199,900
-4%
-$50,000
Apr 08, 2026
Price Changed
$1,249,900
-4%
-$50,000
Mar 26, 2026
Price Changed
$1,299,900
-4%
-$50,100
Listing Brokerage Notes
Buyer Brokerage Compensation: 2%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 10/10/26 13:59