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$1,300,000
Listing Price--beds
3baths
2,080sqft
3,275sqft lot
106 Philadelphia Ave, Ocean City, MD 21842
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
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
2080
N/A
3
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3275
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
N/A
N/A
N/A
N/A
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
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
$1,300,000
-- Beds
3 Baths
2,080 Sqft
3,275 Lot (sqft)
Sold 10/06/2026




