$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

  • 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: 4/24/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring covered porch and a balcony

$1,399,900

106 5th St

$10,000

closing credit¹

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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. The majority of Ocean City, MD residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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

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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.

Over 5 listings were sold over their listed price in March 2025 in Ocean City, MD. In the same period over 30 listings were sold below the listed price and 18 listings were sold for the listed price. The number of listings in Ocean City, MD increased by 32% between February and March 2025. In March 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $490,000.

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

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