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$1,300,000

Listing Price

--beds

3baths

2,080sqft

3,275sqft lot

106 Philadelphia Ave, Ocean City, MD 21842

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

625

Price / sqft

1930

Year built

Home Details

Prime Downtown Ocean City Investment Opportunity 106 Philadelphia AvenuenUnlock exceptional income potential in the heart of downtown Ocean City with this versatile 4-bedroom, 3-bath single-family home at 106 Philadelphia Avenue. Built in 1930 and offering approximately 2,080 square feet of living space on a 3,275-square-foot lot, this property sits just two blocks from the beach and two blocks from the bay-placing you steps from the Boardwalk, restaurants, shops, nightlife, and the best of coastal living.nWhat sets this property apart is its flexible multi-level layout designed for maximum rental returns or hybrid owner-occupant use. Each floor features its own bedrooms, full baths, and kitchen, along with independent front and rear entries. Live in one level while renting the other, or operate the entire home as a high-demand short-term vacation rental or steady year-round investment. The attic provides additional conversion potential for even more living or rental space. nWith parking for up to four vehicles, ceiling fans, and essential appliances including washer, dryer, range/oven, and microwave, the home is ready for immediate use. Whether youre seeking a primary residence that generates supplemental income, a pure investment property, or a combination of both, 106 Philadelphia Avenue delivers strong income-producing potential in one of Ocean Citys most desirable downtown locations.Dont miss this rare opportunity to own a flexible, cash-flow-friendly property in the hea

Interior Details

Square Feet
  • 2080

Bedrooms
  • N/A

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3275

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2021

$3,001

$179,000

$33,400

--%

$212,400

2020

$2,742

$0

$0

--%

$192,767

2019

$2,445

$0

$0

--%

$173,133

2018

$2,168

$130,000

$23,500

--%

$153,500

2017

$2,167

$0

$0

--%

$152,700

2015

$2,043

$130,000

$21,100

--%

$151,100

2014

$2,045

$0

$0

--%

$151,100

2012

$2,025

$0

$0

--%

$151,100

percent-home-icon

Average Home Price in 21842

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$698,485

-- Beds

1.5 Baths

2,224 Sqft

2,450 Lot (sqft)

Sold 10/06/2026

$699,000

3 Beds

2 Baths

2,360 Sqft

5,000 Lot (sqft)

Sold 09/29/2026

$1,300,000

-- Beds

3 Baths

2,080 Sqft

3,275 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,300,000
$
Down payment
260,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,800
$
HOA (Monthly)
0
$
PMI
0
$
$8,415
Your Payment
Total Monthly Payment:$8,415
Percent of Income:144%
Affordable:No

Details for 106 PHILADELPHIA AVE

Property Debt

Foreclosure Contact Details