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$1,395,000
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Property Description
What else do you need? Incredible investment opportunity for a owner who would like to have 4 FULLY furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property to be utilized for parking. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!! ***Currently only rented during summer months*** This building is able to be utilized in WINTER/SUMMER for both short term and long term rentals. Current owners have just chosen to only rent in the summer since they have owned*** Numbers only reflect summer rentals.
Full Property Details
Full Property Details for 15 57th St
General
- Price: $1,395,000
- Taxes: $10,376 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2035116
- Updated: 12/17/2025
- Added to Site: 47 day(s) ago
Rental Information
- Lease Info: None
Interior
- Number of Rooms: 8
Parking
- Parking Type: Off Street
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: WORCESTER
- Driving Directions: GPS 57th Street Ocean side of Coastal. Blue Quadraplex on your right as you turn onto 57th.
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV
Structural Information
- Architectural Style: Coastal
- Structure Type: Detached
- Construction: Advanced Framing
- Foundation: Permanent
- Roof: Architectural Shingle
- Square Feet: 2,560
- Sq. Ft. Source: Estimated
- Living Area: 2,560 Sq. Ft.
- Finished Above Grnd: 2,560 Sq. Ft.
- Year Built: 1965
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Estimated
- Zoning: R3
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $544.92
- Assessment Year: 2024
- City/TownTax: $3,281
- City/TownTax Freq: Annually
- County Tax: $6,265
- County Tax Freq: Annually
- Tax w/Assessment: $741,367
- Tax Amount: $10,376
- Tax Year: 2024
- Owner Pays: All Utilities
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Furniture included
- Lot Number: 23
Listed by Keller Williams Realty, Zackary Keenan
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Schools
Schools serving 15 57th St
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 3.2 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 8.6 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 7.3 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 7.2 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 15 57th St
Date
Details
Price
Change
Source
12/01/2025
Listed
$1,395,000
103.65%
MLS
3/29/2019
Sold
$685,000
—
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 15 57th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,374
—
$817,733
10%
2023
$9,374
—
$741,367
11%
2023
$9,374
8%
$665,000
4%
2021
$8,698
—
$640,267
4%
2021
$8,698
4%
$615,533
4%
2021
$8,347
—
$590,800
—
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 15 57th St
15 57th Street, Ocean City, MD 21842 (MLS# MDWO2035116) is a Single Family property with 0 bedrooms and 0 full bathrooms. 15 57th Street is currently listed for $1,395,000 and was received on December 01, 2025. Want to learn more about 15 57th Street? Do you have questions about finding other Single Family 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.

