Ocean City, MD 21842 7500 Coastal Highway

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Presented By: Coastal Life Realty Group LLC
  • MLS# MDWO2027834
  • 01/19/2025
  • Request Tour
  • Request Info
  • SQFT • 15,828

Home Details

Prime investment opportunity! This 28-room motel, situated in the highly desirable 75th Street ocean block, is an exceptional find in the heart of Ocean City. Surrounded by a variety of popular restaurants, shops, and entertainment options, this property is perfectly positioned to attract tourists and vacationers. Ideal location, just steps from the beach, offering guests easy access to the ocean and nearby attractions. The property features plenty of parking, a rare and valuable asset in this busy resort area. With its manageable size and efficient layout, this motel is well-suited for first-time buyers or seasoned hospitality operators. Whether you're looking to expand your real estate portfolio or dive into the hospitality industry, this motel is a fantastic opportunity with great income potential. Dont miss the chance to own a piece of Ocean Citys thriving vacation market!
Presented By: Coastal Life Realty Group LLC

Interior Features for 7500 Coastal Highway

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 7500 Coastal Highway

AccessibilityElevator
Business TypeHotel/Motel
CityOCEAN CITY
Construction MaterialsConcrete
Cool FuelElectric
CoolingWall Unit
CountyWORCESTER
DirectionsHead north on Coastal Hwy to 75th st. Beach Comber Motel will by on your right.
HeatingWall Unit
Lot Size Square Feet14310.00
Lot Size UnitsSquare Feet
MLS AreaOcean Block (82)
ModificationTimestamp2025-02-26T16:04:40
MunicipalityOcean City
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG221.13
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Tax Annual Amount19400.0
Tax Assessed Value1386100.0
Tax Lot8
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1986
Year Built SourceAssessor
ZoningR-3

Exterior for 7500 Coastal Highway

Building Area Total15828.00
Car Parking Spaces28
Land Assessed Value0.00
Land Use CodeC
Lot Dimensions0.00 x 0.00
Lot Size Acres0.33
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces28
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $3,500,000
MLS#MDWO2027834
List Date 01/19/2025
Property Type Contingent
Phone 703.929.4729
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