Ocean City, Maryland Area Real Estate For Sale

OCEAN CITY, MARYLAND is a spectacular seaside resort located on the Atlantic Ocean, famous for it's Family Resort image and miles of white sandy beaches. From relaxing on the beach, fishing, boating, entertaining or dining in one of the resorts finest restaurants, you will find an abundance of amenities and activities to create memories for a lifetime. Ocean City was founded in 1875 as a small fishing village and has grown to become one of the East Coast's largest year-round resorts. Ocean City is easily accessed from many major cities along the East Coast.

Whether you're coming to the beach to buy that dream vacation home, looking for a quick get-a-way place or just want a good sound investment, Ocean City has the variety of real estate that can fit your needs. The following is a brief summary of price ranges and locations generally available in the resort.

Ocean City real estate properties are broken down into the following areas:

Oceanfront -- Oceanblock -- Bayside -- Bayside Water

OCEANFRONT properties are located directly on the ocean. Oceanfront property will vary in price depending on the location, size, construction and amenities the property has to offer, ranging in price from the upper $60,000's for a small efficiency to $850,000 for larger properties. Both new construction and resale properties are available.
OCEANBLOCK properties are located on the ocean side of Coastal Highway within a block or two of the beach. Often times these properties have excellent ocean views. Prices will vary depending on the distance to the beach, size, amenities and view. Oceanblock property prices range from the low $40,000's to the upper $300,000's.
BAYSIDE properties are non-waterfront parcels located on the Bayside of Coastal Highway. Prices vary depending on views and size but range from the low $40,000's to the upper $250,000's.
BAYSIDE WATER properties are located on a canal, waterway or directly on the bay front. Prices vary depending on views, size and amenities but range from the low $50,000's to the upper $300,000's.

The breakdown of property types in Ocean City are:

Condominiums -- Townhouses -- Single Family Homes -- Commercial

The CONDOMINIUM boom in Ocean City began in the early 70's. The definition of a condominium is individual ownership within a regime wherein you share in common elements. You will pay a condominium fee. Condominium fees usually include flood and hazard insurance on the building. The homeowner would be required to purchase their own homeowners insurance for contents.
TOWNHOUSES may be sold "in fee" with no condominium fees or were built originally as townhouse condominiums meaning you would pay a condominium fee.
SINGLE FAMILY HOMES are located throughout Ocean City. The definition of a single family home is a property that has no condominium fee and the only fees you would incur would be Ocean City taxes, Worcester County taxes, and Ocean City wastewater. Generally there are no homeowner association dues in Ocean City. There are several developments, i.e. Mallard Island, Little Salisbury, Caine Woods, that are zoned specifically for single-family homes and where the majority of the most desirable single family homes can be found.
COMMERCIAL properties are plentiful in the Ocean City area.

Mark Fritschle, CRS, CRB, CREA is an Associate Broker At Remax Premier Properties. Mark has been helping people buy and sell resort property for almost 30 years and looks forward to helping you with all of your real estate needs. Just complete the Request for Sales List form and Mark will provide you with current information!

Questions? Email us at info@shoreforsale.com