$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

Discover grandiose coastal living of this expansive four-bedroom, residence nestled in the heart of downtown Ocean City. Each bedroom hosts a private full bath. An additional half bath sits perfectly in the main living area. Custom built in 2011, this property isn't just a home; it's a strategic investment. Given its towering presence in the downtown area, the home stands out as a beacon for potential high rental yields, especially during the bustling summer months. Set just a short stroll from the vibrant center of the boardwalk, plunge into the eclectic mix of shops, eateries, and seaside attractions that make Ocean City a cherished destination. Whether you're enjoying the morning sun by the shore or exploring local festivities, this location ensures you're always part of the excitement. With the existing chic custom blinds and eco-friendly geothermal heating system, this home is one of a kind. The thoughtful layout includes a segregated space ready for a potential elevator, adding a touch of modern convenience to this sizable home. The second property is 2 units featuring 2 bedrooms and 1 bath each. Both have been completely gutted ready for a significant rental opportunity. If you're looking for a solid home with the promise of both a personal sanctuary and a wise investment, this might just be the jackpot you've been waiting to find. The main house grosses $50k through Airbnb for just the summer season. Your dream beach house awaits!

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

  • Full Bathrooms: 3
  • Basement: No
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Parking: Garage - Side Entry, Attached Garage,Off Site
  • Architectural Style: Other
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $1,399,900
  • Price/SqFt: $368
  • Annual Tax Amount: $9,554
  • Tax Year: 2024
  • Directions: Head North on Baltimore Ave, turn left onto 5th St property on your right.
  • Year Built: 2011
  • Living Area: 3,796 SqFt
  • Municipality: Ocean City
  • Lot Size: 0.08 Acres
  • 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: 5/29/2025, 6:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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106 5th St, Ocean City, MD 21842 - exterior space featuring covered porch and a balcony

$1,399,900

106 5th St

$10,000

closing credit¹

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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. Residents of Ocean City, MD typically earn between $100k-200k each year. The majority of families are single, no kids. Most 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

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

About 106 5th St

The listing price of 106 5th St property is $1,399,900.

The property 106 5th St is a house located in Ocean City, Maryland, 21842.

Active Listing: 106 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 106 5th St are: Ocean City Elementary School (GreatSchools Rating 10/10), Berlin Intermediate School (GreatSchools Rating 8/10), Showell Elementary School (GreatSchools Rating 9/10), Stephen Decatur Middle School (GreatSchools Rating 10/10), Selbyville Middle School (GreatSchools Rating 5/10), Southern Delaware School of the Arts (GreatSchools Rating 8/10), Stephen Decatur High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Snow Hill High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $9,554 (source: MLS/based on county public records data).

The property at 106 5th St has 4 bedrooms and 3 bathrooms.

The property 106 5th St is 3,796 SqFt (source: MLS/tax record).

The year of construction for 106 5th St is 2011.

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.

The inventory of homes for sale in Ocean City, MD between March and April 2025 increased by 30.2%. While the average time on the market in April 2025 was 100 days, the median list price was $468,160.

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

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