$1,399,900

106 5th St Ocean City, MD 21842

$10,000
Closing credit¹
4 beds
3 full
3,796 sqft
0.08 acres
$369 / sqft
House

Property details

About 106 5th St

Welcome to this great multi-family property located on 5th st, in downtown Ocean City. The main house offers 4bed 3.5bath with a two-car garage. The cozy kitchen flows seamlessly into the dining and living room area, featuring a gas fireplace which creates an inviting space for relaxation and entertaining. Along with a big balcony off of the living room. This property is within walking distance to the world-famous boardwalk, popular restaurants, shopping, and entertainment, making it perfect for both personal use and as a fantastic rental opportunity. Back building is 2 units featuring 2 bed 1 bath each. Both have been completely gutted and need a total renovation. Tons of rental opportunity. You can either live in the main house and rent the other two apartments or Airbnb the entire property. The main house grosses $50k+ with Airbnb.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size3,796 sqft
Lot size0.08 Acres
Year built2011
ParkingGarage - Side Entry, Attached Garage,Off Site
MLS #MDWO2029018
Garage2 spaces

Summary

  • MLS Number: MDWO2029018
  • MLS Name: BRIGHT
  • Office Name: Coastal Life Realty Group LLC
  • Office Phone: (443) 235-8382
  • Office Email: joe@coastallifeoc.com
  • Listing Agent: Kevin E Decker
  • Agent Phone: (443) 235-6552
  • Agent Email: kevin@kevindeckeroc.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 5:23:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space featuring covered porch and a balcony

$1,399,900

106 5th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$696,900$9,554
2023$677,833$9,554
2022$658,767$9,039
2021$639,700$9,039
2020$631,300$8,919
2019$622,900$8,861
2018$614,500$8,680
2017$614,500$8,680

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

1.5 mi

12828 Center Dr

8

Berlin Intermediate School

Public District 4-6

6.9 mi

309 Franklin Ave

9

Showell Elementary School

Public District PK-3

6.9 mi

11318 Showell School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $103,906. Typical income of Ocean City, MD residents is between $100k-200k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
23%
35k-100k
45%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
8%
Single, with Kids
28%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Dollar GeneralDollar General
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • SonicSonic
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • KiaKia
  • RamRam
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Ocean City, MD

About 106 5th St

This home is located at 106 5th St in Ocean City, MD and zip code 21842. This 3,796 square foot home, which was built in 2011, sits on a 0.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $1,399,900.

While more than 8 listings in Ocean City, MD in February 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 35 were sold below. The inventory of homes for sale in Ocean City, MD between January and February 2025 increased by 25.2%. While the average time on the market in February 2025 was 77 days, the median list price was $460,714.

From Rocket Homes Real Estate and based on county public records data.

More resources