About This Home

This 5-bedroom, 4-bathroom single family at 304 15TH Street in Ocean City, MD is listed for $1,099,900 ($434 per sqft). Built in 1956, the home offers 2,532 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1956
  • 0.13 acre lot
  • 2 stories
  • 4 parking spaces
  • Waterfront

Property Details

2 stories
4 full
1-car garage
1956

Amenities

WaterfrontA/C
Listing 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.

Monthly Cost Estimate

$5,882/mo

20% down · 6.5% · 30 years

Principal$795
Interest$4,766
Insurance$321

Estimates only. Actual payments may vary.

Location

304 15TH Street

Ocean City, MD 21842

NEPTUNE DEVELOPMENT

Features & Amenities

Interior Features

Entry Level BedroomDining Area2nd KitchenCarpetCeiling Fan(s)Window TreatmentsAtticChair RailingsCrown MoldingsKitchen - Table SpacePantryRecessed LightingUpgraded Countertops

Property Details

Construction

Block Stick Built Frame

Parking

On StreetGarage - DetachedDrivewayOff Street

Heating

Heat Pump (Heating)

Cooling

Wall Unit(s)Central Air

Appliances

DishwasherRefrigeratorStoveMicrowaveWasherDryer

Questions & Answers

This 5-bedroom, 4-bathroom single family at 304 15TH Street is listed at $1,099,900 ($434/sqft). The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.13 acre lot, 2 stories, 4 parking spaces, Waterfront. Interior Features: Entry Level Bedroom, Dining Area, 2nd Kitchen.

This property is listed by Brittani Phillips.

BP

Brittani Phillips

License 652284

Agent at ERA Martin Associates

Listed by ERA Martin Associates · Broker phone: (410) 749-1818 · View on Broker Site · Broker website

MLS# MDWO2037052· Source: Bright MLS· 224 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

304 15TH Street, Ocean City, MD 21842

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