Date
Details
Price
Change
Source
8/01/2025
Listed
$1,329,900
—
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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Property Description
Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City's entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants. Update 1/21/26: New Kitchen being installed in Unit 5. The building has undergone significant renovations, including a full new front facade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City-offering a rare chance to expand with additional rental units or custom development. Whether you're an investor seeking reliable cash flow or a developer looking to build in one of the East Coast's most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location.
Full Property Details
Full Property Details for 205 10th St
General
- Price: $1,329,900
- Taxes: $6,743 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2032146
- Updated: 3/6/2026
- Added to Site: 243 day(s) ago
Interior
- Interior Features: Additional Stairway, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
- Appliances: Built-In Microwave, Built-In Range, Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Exterior
- Exterior Features: Exterior Lighting, Fire Escape, Play Area, Sidewalks, Street Lights
- Porch/Patio/Deck: Balconies- Multiple, Deck(s)
Parking
- Parking Features: Crushed Stone, Fenced, Free, Lighted Parking, Private
- Parking Type: On Street, Parking Lot
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: WORCESTER
- Driving Directions: From Coastal Highway heading south make a right on 10th St. Lot and 1oth st building on your left. 9th St building end of the road and make a left.
- Location Details: Bayblock
- 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
- Cooling Type: Ductless/Mini-Split, Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Natural Gas, Electric
- Heating Type: Wall Unit, Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Cable TV Available, Phone Available
Structural Information
- Architectural Style: Coastal
- Structure Type: Detached
- Construction: Frame
- Foundation: Crawl Space, Block
- Roof: Architectural Shingle
- Walls/Ceilings: Dry Wall
- Square Feet: 2,744
- Sq. Ft. Source: Estimated
- Living Area: 2,744 Sq. Ft.
- Finished Above Grnd: 2,744 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
Lot Features
- Property View: City, Street
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,519
- Lot Size Source: Estimated
- Zoning: R-2
- Lot Description: Cleared, Corner, Level, Premium, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $484.66
- Assessment Year: 2024
- City/TownTax: $2,132
- City/TownTax Freq: Annually
- County Tax: $4,071
- County Tax Freq: Annually
- Tax w/Assessment: $481,800
- Tax Amount: $6,743
- Tax Year: 2024
- Tax Total Finished Sq. Ft.: 2744
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Sold AS IS
- Lot Number: 11
Listed by Berkshire Hathaway HomeServices PenFed Realty - OP, Spike Sands
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 205 10th St —
Spike Sands
Berkshire Hathaway HomeServices PenFed Realty - OP
Listing Office Email: oceanpines@penfedrealty.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 205 10th St
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 |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 7 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 5.8 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 5.8 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 205 10th St
Tax History
Tax History for 205 10th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,762
—
$554,800
15%
2023
$5,762
—
$481,800
18%
2023
$5,762
20%
$408,800
9%
2021
$4,799
—
$374,200
10%
2021
$4,799
11%
$339,600
11%
2021
$4,309
3%
$305,000
4%
2020
$4,188
4%
$294,400
4%
2019
$4,009
4%
$283,800
4%
2018
$3,859
-1%
$273,200
—
2017
$3,879
—
$273,200
—
2016
$3,893
-9%
$273,200
-41%
2015
$4,260
-32%
$459,700
—
2014
$6,224
—
$459,700
—
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 205 10th St
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205 10th Street, Ocean City, MD 21842 (MLS# MDWO2032146) is a Single Family property with 0 bedrooms and 0 full bathrooms. 205 10th Street is currently listed for $1,329,900 and was received on August 01, 2025. Want to learn more about 205 10th 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.