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$1,500,000
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Property Description
This is a rare chance to own your own property right on the boardwalk between 1st and 2nd Street-one of the busiest spots by the ocean. The space is about 730 sq. ft. and gets tons of foot traffic from tourists and beachgoers all year long. It's currently being used as a T-shirt and souvenir shop, but it's perfect for all kinds of businesses like retail, snacks, or even a small café. With ocean views and nonstop visibility, this location is hard to beat for anyone looking to start or grow a business at the beach.
Full Property Details
Full Property Details for 107 Atlantic Ave #3
General
- Price: $1,500,000
- Taxes: $6,132 (2024)
- Status: Active
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2030820
- Updated: 12/17/2025
- Added to Site: 282 day(s) ago
Business
- Business Type: Other/General Retail, Other
Interior
- Flooring: Concrete
Parking
- Parking Type: None
Location
- Area: Worcester East of Rt-113
- Municipality: Ocean City
- County: WORCESTER
- Building Name: Boardwalk One
- Driving Directions: On the Boardwalk Between 1st and 2nd Street
- City Limits: Yes
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Concrete
- Foundation: Slab
- Roof: Concrete
- Building Size: 730
- Year Built: 1975
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Property View: Water
- Zoning: C-1
- Lot Description: Cleared
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Ocean
Financial Considerations
- Price Per Sq. Ft.: $2,054.79
- Assessment Year: 2025
- City/TownTax: $1,939
- City/TownTax Freq: Annually
- County Tax: $3,702
- County Tax Freq: Annually
- Tax w/Assessment: $459,200
- Tax Amount: $6,132
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Lot Number: 3
Listed by Coastal Life Realty Group LLC, Kevin E Decker
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Schools
Schools serving 107 Atlantic Ave #3
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 1.6 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 6.9 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 5.7 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 Atlantic Ave #3
Date
Details
Price
Change
Source
5/15/2025
Listed
$1,500,000
130.77%
MLS
9/16/2008
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 107 Atlantic Ave #3
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,975
—
$459,200
8%
2023
$5,975
7%
$423,900
3%
2021
$5,589
—
$409,700
4%
2021
$5,589
—
$395,500
—
2021
$5,588
-1%
$395,500
—
2020
$5,626
-11%
$395,500
-11%
2019
$6,309
—
$446,600
—
2018
$6,309
—
$446,600
—
2017
$6,340
-18%
$446,600
-17%
2016
$7,698
5%
$540,200
—
2015
$7,306
—
$540,200
—
2014
$7,314
—
$540,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 107 Atlantic Ave #3
107 Atlantic Avenue #3, Ocean City, MD 21842 (MLS# MDWO2030820) is a Retail property. 107 Atlantic Avenue #3 is currently listed for $1,500,000 and was received on May 15, 2025. Want to learn more about 107 Atlantic Avenue #3? Do you have questions about finding other Retail real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

