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$900,000

  • Sold
  • Closed
  • Duplex
  • 2,016 Sq. Ft.
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Rarely available ocean block beach cottage just steps from the sand, featuring two spacious 3-bedroom, 1.5-bath units, each approximately 1,008 square feet, on a 5,000 sq ft lot in a prime midtown location. Very close to the beach, this property offers inviting front porches, ample rear parking, and the freedom of no HOA or condo fees. Zoned R-3A, it presents excellent redevelopment potential for up to three units. Ideal for investors or owner-occupants, live in one unit and rent the other for strong income potential. Close to top restaurants and nightlife, this is a rare opportunity to own a versatile coastal property with both lifestyle and investment appeal.

Full Property Details for 12506 Assawoman Dr

General

  • Sold For: $900,000
  • Taxes: $8,829 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2030292
  • Added to Site: 267 day(s) ago

Parking

  • Total Spaces: 6
  • Parking Type: Parking Lot

Location

  • Area: Ocean Block (82)
  • Municipality: Ocean City
  • County: Worcester
  • Building Name: NONE AVAILABLE
  • Driving Directions: 125th street - Ocean Block
  • Location Details: Oceanblock
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Cottage, Coastal
  • Architectural Style: Cottage, Coastal
  • Structure Type: Detached
  • Construction: Frame
  • Foundation: Block
  • Stories/Levels: 0
  • Square Feet: 2,016
  • Sq. Ft. Source: Assessor
  • Living Area: 2,016 Sq. Ft.
  • Year Built: 1966
  • Year Built Source: Assessor

Unit Information

  • 3 Bedroom Units: 2

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Lot Features: Cleared
  • Zoning: R-3A
  • Lot Description: Cleared

Financial Considerations

  • Price Per Sq. Ft.: $493.55
  • Assessment Year: 2025
  • City/TownTax: $2,792
  • City/TownTax Freq: Annually
  • County Tax: $5,331
  • County Tax Freq: Annually
  • Tax w/Assessment: $674,967
  • Tax Amount: $8,829
  • Tax Year: 2024
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 2016

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 15

Meet the selling agent

Meet the selling agent
— 12506 Assawoman Dr —

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NMLS#: 1598647

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Schools serving 12506 Assawoman Dr

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-46.5 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-611 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-89.8 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-129.6 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 12506 Assawoman Dr

Date
Details
Price
Change
Source
10/15/2025
Sold
$900,000
-9.55%
MLS
4/26/2025
Listed
$995,000
—
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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Price Reduced near 12506 Assawoman Dr

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438 Ocean Pkwy, Ocean Pines, MD 21811 - Photo 1 Price Reduced
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Recent Sales near 12506 Assawoman Dr

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12705 Wight St, Ocean City, MD 21842 - Photo 1 Sold
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Sold by Non Subscribing Office, NON MEMBER

12506 Assawoman Drive, Ocean City, MD 21842 (MLS# MDWO2030292) is a Duplex property that was sold at $900,000 on October 15, 2025. This property was sold by Nancy Reither from our Ocean City - 123rd Office.Want to learn more about 12506 Assawoman Drive? Do you have questions about finding other Duplex 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.