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$1,200,000 Sale Pending
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Property Description
Looking for more exposure for your business? Look no further! This property presents a unique opportunity for a large commercial building with signage and digital signage right on Coastal Hwy in midtown Ocean City. With offices on two floors, there's plenty of room for your business or even use one and rent out the other! Call today to set up your private showing.
Full Property Details
Full Property Details for 7800 Coastal Hwy
General
- Price: $1,200,000
- Taxes: $7,876 (2024)
- Status: Pending
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2022964
- Updated: 11/22/2024
- Added to Site: 169 day(s) ago
Business
- Business Type: Flex, Hair Salon and Spa, Medical, Other/General Reta
Interior
- Flooring: Carpet, Concrete, Hardwood
Parking
- Total Spaces: 6
- Parking Features: Paved Parking, Unassigned
- Parking Type: Parking Lot, On Street
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: Worcester
- Driving Directions: GPS. 78th St and Coastal Hwy, Ocean Block.
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- High School: Stephen Decatur
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- 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: Concrete, Stucco
- Roof: Asphalt
- Stories/Levels: 2
- Year Built: 1982
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,270
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Corner, Cleared, Road Frontage
- Zoning: R-3
- Lot Description: Corner, Cleared, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $447.76
- Assessment Year: 2024
- City/TownTax: $2,490
- City/TownTax Freq: Annually
- County Tax: $4,755
- County Tax Freq: Annually
- Tax w/Assessment: $562,767
- Tax Amount: $7,876
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 10
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 7800 Coastal Hwy
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 4.3 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 9.4 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 8.1 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7800 Coastal Hwy
Date
Details
Price
Change
Source
8/26/2024
Listed
$1,200,000
177.46%
MLS
8/15/2018
Sold
$432,500
—
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 7800 Coastal Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,371
—
$522,900
—
2021
$7,389
-14%
$522,900
-14%
2021
$8,552
6%
$605,300
7%
2020
$8,082
8%
$568,100
7%
2019
$7,500
8%
$530,900
8%
2018
$6,974
—
$493,700
—
2017
$7,009
—
$493,700
—
2016
$7,035
-17%
$493,700
-22%
2015
$8,521
—
$630,100
—
2014
$8,532
—
$630,100
—
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 7800 Coastal Hwy
7800 Coastal Highway, Ocean City, MD 21842 (MLS# MDWO2022964) is a Retail property. 7800 Coastal Highway is currently listed for $1,200,000 and was received on August 26, 2024. This property is listed by Peck Miller from our Ocean City 57th Office.Want to learn more about 7800 Coastal Highway? Do you have questions about finding other Retail 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.