Date
Details
Price
Change
Source
5/08/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,900,000 Just Listed
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Property Description
"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelopment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment. Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.
Full Property Details
Full Property Details for 1215 Philadelphia Ave
General
- Price: $1,900,000
- Taxes: $6,785 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2038408
- Updated: 5/8/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Apartment Building, Bed and Breakfast, Hotel/Motel
Parking
- Total Spaces: 12
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: WORCESTER
- Driving Directions: From Route 50 East, Left Baltimore Ave, Left 12th street Right Philadelphia Ave to (Corner of 13th Street and Philadelphia Ave West side)
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- Elementary School: Ocean City
- Middle School: Berlin Intermediate School
- High School: Stephen Decatur
Heating & Cooling
- Cooling Type: Wall Unit, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Block, Wood Siding, Other
- Building Size: 2940
- Year Built: 1969
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,200
- Lot Size Source: Assessor
- Zoning: R-2
Financial Considerations
- Price Per Sq. Ft.: $646.26
- Assessment Year: 2026
- City/TownTax: $2,192
- City/TownTax Freq: Annually
- County Tax: $4,038
- County Tax Freq: Annually
- Tax w/Assessment: $500,467
- Tax Amount: $6,785
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 15A
Listed by Sea Grace @ North Beach Realtors, Grace Masten and Sea Grace @ North Beach Realtors, Erik Dowell
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1215 Philadelphia Ave —
Grace Masten
Sea Grace @ North Beach Realtors
Erik Dowell
Sea Grace @ North Beach Realtors
Listing Office Email: grace@northbeachrealtors.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1215 Philadelphia Ave
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 1.4 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 5.9 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1215 Philadelphia Ave
Tax History
Tax History for 1215 Philadelphia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,871
—
$495,433
2%
2023
$6,871
1%
$487,433
1%
2021
$6,804
—
$484,467
1%
2021
$6,804
3%
$481,500
3%
2021
$6,603
2%
$467,367
3%
2020
$6,448
4%
$453,233
3%
2019
$6,203
4%
$439,100
4%
2018
$5,990
3%
$424,033
4%
2017
$5,806
3%
$408,967
4%
2016
$5,613
5%
$393,900
—
2015
$5,327
—
$393,900
—
2014
$5,333
—
$393,900
—
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 1215 Philadelphia Ave
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- Apartment
- Active
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,330Sq. Ft.
Listed by Terri Moran (443) 235-5467
- Single Family
- Active
- Updated 3 hours ago
- 3Beds
- 2Total Baths
- 1,430Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,093Sq. Ft.
- Condo
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,896Sq. Ft.
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- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,342Sq. Ft.
Listed by Craig Hyatt (443) 235-7455
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 1,353Sq. Ft.
Listed by The Legacy Team (410) 721-0103
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 2Total Baths
- 1,783Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 3,112Sq. Ft.
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- Single Family
- Closed
- Updated 11 days ago
- 7Beds
- 5Total Baths
- 4,876Sq. Ft.
Listed by Sherri Hearn
Sold by Unrepresented, Unrepresented
Sold by Unrepresented, Unrepresented
1215 Philadelphia Avenue, Ocean City, MD 21842 (MLS# MDWO2038408) is a Apartment property. 1215 Philadelphia Avenue is currently listed for $1,900,000 and was received on May 08, 2026. Want to learn more about 1215 Philadelphia Avenue? Do you have questions about finding other Apartment 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.