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$1,329,900

205 10th St Ocean City, MD 21842

2,744 sqft
0.3 acres
$485 / sqft
Multi-Family

Property details

About 205 10th St

Two Parcels For Sale Updated Multi-Unit Property + Rare Lot Development Opportunity in Downtown OC. Located just two blocks from the beach, boardwalk, and the heart of Ocean City’s entertainment district, 205 10th Street and its adjacent buildable lot offer a unique combination of immediate rental income and long-term development potential. The fully updated 2,744 sq. ft. building includes four move-in-ready units: two spacious three-bedroom, two-bath units, a large one-bedroom, one-bath unit with a full kitchen and living area, and a rear efficiency unit with a private entrance. Each unit has its own porch and is furnished with updated appliances and stylish, coastal-inspired décor, providing a relaxed and inviting experience for guests or tenants. The building has undergone significant renovations, including a full new front façade with three levels of decks, new vinyl rails and steps, a new roof, and interior upgrades throughout. A shared, coin-operated laundry facility on-site offers added convenience and generates additional revenue. What truly sets this property apart is the inclusion of one of the last remaining buildable lots in downtown Ocean City—offering a rare chance to expand with additional rental units or custom development. Whether you’re an investor seeking reliable cash flow or a developer looking to build in one of the East Coast’s most visited beach towns, this package delivers both present-day performance and future upside in a walkable, high-demand location.

Highlights

Home typeQuadruplex
HeatingOther, Baseboard
StatusComing Soon
(COMING SOON)
CoolingCeiling Fan(s), Window Unit(s)
Size2,744 sqft
Lot size0.31 Acres
Year built1950
ParkingCrushed Stone,Fenced,Free,Lighted Parking,Private, On Street,Parking Lot
MLS #MDWO2032146
ViewCity
Active DateAugust 01, 2025

Summary

  • Appliances: Microwave, Range, Trash Compactor, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank
  • Interior: Additional Stairway, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Upgraded Countertops, Wood Floors
  • Parking: Crushed Stone,Fenced,Free,Lighted Parking,Private, On Street,Parking Lot
  • View: City
  • Exterior: Exterior Lighting, Fire Escape, Play Area, Sidewalks, Street Lights
  • Architectural Style: Coastal
  • Heating: Other, Baseboard
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • List Price: $1,329,900
  • Price/SqFt: $484
  • Annual Tax Amount: $5,762
  • Tax Year: 2024
  • Lot: Cleared, Corner Lot, Level
  • Directions: From Coastal Highway heading south make a right on 10th St. Lot and 1oth st building on your left. 9th St building end of the road and make a left.
  • Year Built: 1950
  • Living Area: 2,744 SqFt
  • Municipality: Ocean City
  • Lot Size: 0.31 Acres
  • MLS Number: MDWO2032146
  • MLS Name: BRIGHT
  • Office Name: Berkshire Hathaway HomeServices PenFed Realty - OP
  • Office Phone: (410) 208-3500
  • Office Email: oceanpines@penfedrealty.com
  • Listing Agent: Spike Sands
  • Agent Phone: (443) 235-0489
  • Agent Email: spikesands@gmail.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: 7/31/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 17, 2012
Home Sold
$216,199
Jun 27, 2011
Home Sold
$485,000
Apr 28, 2006
Home Sold
$469,900

Tax history

YearAssessmentProperty Tax
2024$481,800$5,762
2023$408,800$5,762
2022$374,200$4,798
2021$339,600$4,798
2020$305,000$4,309
2019$294,400$4,188
2018$283,800$4,008
2017$273,200$3,859

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

1.4 mi

12828 Center Dr

9

Showell Elementary School

Public District PK-3

6.8 mi

11318 Showell School Rd

8

Berlin Intermediate School

Public District 4-6

7.0 mi

309 Franklin Ave

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 $55,076. Most Ocean City, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

33%
<35k
38%
35k-100k
20%
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?

59%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
22%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
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 205 10th St

The listing price of 205 10th St property is $1,329,900.

The property 205 10th St is a multi located in Ocean City, Maryland, 21842.

Coming Soon: 205 10th St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

The nearby schools for 205 10th St are: Ocean City Elementary School (GreatSchools Rating 10/10), Showell Elementary School (GreatSchools Rating 9/10), Berlin Intermediate School (GreatSchools Rating 8/10), 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 $5,762 (source: MLS/based on county public records data).

The last sale was on July 17, 2012 for $216,199 (source: MLS/tax record).

The property 205 10th St is 2,744 SqFt (source: MLS/tax record).

The year of construction for 205 10th St is 1950.

This home is located at 205 10th St in Ocean City, MD and zip code 21842. This 2,744 square foot home, which was built in 1950, sits on a 0.31 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $1,329,900.

Between May and June 2025, Ocean City, MD real estate market has seen increase in the number of listings by 21.6%. In June 2025 median list price was $469,950 and the average listing age was 114 days.

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

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