Active
5908 Coastal Hwy #8a
Ocean City MD, 21842
$3,800,000
$1,879.33 per sqft
Active
20 Beds
20 Baths
2,022 sqft
Residential
Built in 2007
An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.
MDWO2018470
MLSⓇ ID
January 17, 2024
Listed
February 21, 2025
Updated
Interior Features
Total Stories
4
Bedrooms
20
Total Bathrooms
20
Full Bathrooms
15
Half Bathrooms
5
Interior Features
Eat-in Kitchen, Kitchen Island, Entrance Foyer
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Architectural Style
Colonial
Sewer
Public Sewer
Patio And Porch
Deck
School Information
School District
WORCESTER COUNTY PUBLIC SCHOOLS
Other Property Details
Area Name
Ocean City
Taxes
$6,982
Tax Frequency
Annually
Days on Market
16
Garage
Yes
Garage Spaces
12
Parking
Attached
Parking Total
15
View
Yes
View Description
Water, Ocean
County
WORCESTER
Water Source
Public
Pool
No
Waterfront
Yes
Waterfront Features
Ocean Front
Listed by Redfin Corp
Listing Contact: 3012542205
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Data last updated on 2/21/2025 at 12:14 AM UTC