5908 Coastal Hwy #8a, Ocean City, Md 21842
20 Bed
15 Bath
5 Hf. Bath
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An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.
Essentials
MLS Number
Mdwo2018470
Community
Palm Coast
List Price
$3,700,000
Bedrooms
20
Full Baths
15
Half Baths
5
Standard Status
Active
Waterfront
N
Location
Address
5908 Coastal Hwy #8a, Ocean City, Md
Interior
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/c
Hot Water
Natural Gas
Fireplace
N
Appliances
Dryer, washer, cooktop, dishwasher, disposal, microwave, refrigerator, stove
Interior Features
Combination Dining/living, combination Kitchen/dining, combination Kitchen/living, dining Area, floor Plan - Open, kitchen - Eat-in, kitchen - Island, kitchen - Gourmet, primary Bath(s)
Interior Features
- Combination Dining/Living
- Combination Kitchen/Dining
- Combination Kitchen/Living
- Dining Area
- Floor Plan - Open
- Kitchen - Eat-In
- Kitchen - Island
- Kitchen - Gourmet
- Primary Bath(s)
Appliances
- Dryer
- Washer
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove
Additional Information
Square Footage
2022
Acres
0.00
Year Built
2007
New Construction
N
Property Type
Residential
County
Worcester
Lot Size Dimensions
0.00 X 0.00
School District
Worcester County Public Schools
Listing courtesy of Redfin Corp.