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$3,100,000
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Property Description
Rare West Ocean City opportunity. Purchase and run the updated and restored Shaka Pool Bar & Grill and the Quiet Sun Resort Cottages or utilize the property for its redevelopment potential. The property includes 40 residential cottages, a Restaurant that includes an indoor bar, large pool with attached pool bar and indoor and outdoor dining areas. There is also a community kitchen and laundry room with an additional bar to the rear of the property for residential guests. This location sits on 1.82 Acres with over 160 feet of direct RT 50 frontage and is minutes from downtown Ocean City and just a short drive to Assateague Island. Will consider owner financing for qualified parties.
Full Property Details
Full Property Details for 12614 Ocean Gateway
General
- Sold For: $3,100,000
- Taxes: $17,590 (2024)
- Status: Closed
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2032610
- Added to Site: 260 day(s) ago
Business
- Business Type: Hotel/Motel, Restaurant/Bar, Other
Parking
- Total Spaces: 50
- Parking Type: Parking Lot
Location
- Area: West Ocean City (85)
- County: WORCESTER
- Driving Directions: Directly on Route 50 east bound in West Ocean City between the Keyser Point Rd and Route 611 traffic signals. Next to the Holiday Inn Express and across the street from Baja Amusements and the White Marlin Shopping Center.
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: None
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Building Size: 11133
- Year Built: 1965
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.82
- Lot Size (Sq. Ft.): 79,279
- Lot Size Source: Assessor
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $314.38
- Tax w/Assessment: $1,980,300
- Tax Amount: $17,590
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by NAI Coastal, Christian Phillips
Sold by Non Subscribing Office, NON MEMBER
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Price & Sales History for 12614 Ocean Gateway
Date
Details
Price
Change
Source
4/29/2026
Sold
$3,100,000
-11.43%
MLS
11/07/2025
Price Reduced
$3,500,000
-10.26%
MLS
8/14/2025
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12614 Ocean Gateway, Ocean City, MD 21842 (MLS# MDWO2032610) is a Commercial Service property that was sold at $3,100,000 on April 29, 2026. Want to learn more about 12614 Ocean Gateway? Do you have questions about finding other Commercial Service 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.

