114 75th St

Ocean City, MD 21842

$1,699,900
Price
—
Beds
—
Baths
4,048 Sq. Ft.
$420 / Sq. Ft.
4,048
Sq. Ft.
$420
per Sq. Ft.
Coming Soon
Coming Soon
a city view with tall buildings
a front view of a house with a lake view
a view of roof deck with patio
a view of deck with patio
a view of a wooden deck with a bench
a view of a balcony with wooden floor and outdoor seating
a front view of a house with a porch
a view of a house with a yard
an aerial view of residential houses with outdoor space and swimming pool
a city view with tall buildings
a view of a house with a yard

Description

Owner financing could be an option
This bayfront, income-producing multi-unit property on 75th Street in Ocean City, MD presents a rare opportunity to own a unique compound overlooking Assawoman Bay. Situated on two parcels, Tax ID #2410086868 and Tax ID #2410086841, the property includes three separate buildings offering exceptional water views from each structure and strong rental performance potential. The complex consists of one two-bedroom house, two three-bedroom units, and one four-bedroom...Owner financing could be an option
This bayfront, income-producing multi-unit property on 75th Street in Ocean City, MD presents a rare opportunity to own a unique compound overlooking Assawoman Bay. Situated on two parcels, Tax ID #2410086868 and Tax ID #2410086841, the property includes three separate buildings offering exceptional water views from each structure and strong rental performance potential. The complex consists of one two-bedroom house, two three-bedroom units, and one four-bedroom unit, totaling twelve bedrooms and nine full bathrooms. Each unit is designed to maximize views and functionality, creating an ideal setup for vacation rentals, multi-generational use, or a private waterfront retreat. The property has been substantially improved with a new roof and new siding on two of the three buildings, raised foundations, extensive interior renovations, and the addition of a storage unit, making this a turnkey opportunity with reduced future capital needs. Unit A offers three bedrooms and two bathrooms, sleeps up to ten guests, features central air conditioning, and showcases excellent bay views. Unit B includes two bedrooms and one bathroom with wall air conditioning and baseboard heat and presents a clear value-add opportunity for future redevelopment on the existing raised foundation. Unit C features a large updated kitchen, four spacious bedrooms, three full bathrooms, central air and heat, and expansive bay views, comfortably sleeping up to twelve guests. Unit D has been nicely updated with granite countertops, large bedrooms and bathrooms, three bedrooms and three full baths, central air conditioning, excellent water views, and sleeps up to ten. All units are furnished in a coastal style and include laminate flooring, updated countertops, large flat-screen televisions, refrigerators, and microwaves. The property also features a community washer and dryer on site, an outdoor shower, on-site storage, and a large driveway with thirteen off-street parking spaces, allowing guests to park once and walk to nearby midtown shops, restaurants, and the beach. Located just blocks from the ocean with direct bay access only steps away for paddleboarding or kayaking, this property delivers both the lifestyle renters seek and the income investors value. With large decks, stunning bay sunsets, and a flexible multi-building layout, this is a rare midtown Ocean City waterfront compound offering immediate income and long-term upside. Professional photos to follow.
  1. Listed by Spike Sands • Berkshire Hathaway HomeServices PenFed Realty - OP
    P: (443)-235-0489 spikesands@gmail.com

Property Details for 114 75th Street

Tax ID Number
2410086868
Ownership
Fee Simple
Structure Type
Detached
Style
Coastal
Waterfront
Yes
Views
Bay
Garage
No
Expected On Market Date
03-06-2026
LISTING UPDATED: 02/21/2026 10:44 AM

Property Details for 114 75th Street

StatusComing Soon
MLS #MDWO2035604
Days on Market-
Taxes$8,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1985
Lot Size0.30 AC / 13,000 SF
CountyWorcester County

Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Add your commute

Building Information for 114 75th Street

Stories-Residences3Year Built1985Building Size-Lot Size0.30 AC / 13,000 SF

Payment Calculator

$9,027 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,285

Property Taxes

$742

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 114 75th Street

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138066543
  • SchoolDistrictSource: Listing Agent
  • Elementary School: OCEAN CITY (WORCESTER MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: STEPHEN DECATUR (WORCESTER MD)
  • MiddleSchoolSource: Listing Agent
  • High School: STEPHEN DECATUR (WORCESTER MD)
  • HighSchoolSource: Listing Agent
  • County: WORCESTER
  • MLS Area: Bayside Waterfront (84)
  • OC Cross Street: 75
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Type: Bay
  • Water Frontage In Feet: 30.0
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $649,833
  • Year Assessed: 2025
  • County Tax: $5,296
  • Improvement Assessed Value: $0
  • City Town Tax: $2,876
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: R
  • Zoning: R-2
  • Tax Lot: 14
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 3
  • Units Furnished: All
Building Info
Building Info
  • Year Major Reno Remodel: 2021
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Bayside
  • Parcel ID: 5404227
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 13
  • Parking Features: Crushed Stone, Free, Private
Interior Features
Interior Features
  • Interior Features: Additional Stairway, Attic, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Kitchen - Table Space, Primary Bedroom - Bay Front, Recessed Lighting, Upgraded Countertops
  • Fireplace: No
  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: BBQ Grill, Exterior Lighting
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)
  • List Agent URL: www.ocmdrealtor.com

Property History for 114 75th Street

DateEvent & SourcePriceAppreciation
May 15, 2017

Expired

BRIGHT #1000806558

—
May 17, 2016

Listed (Active)

BRIGHT #1000806558

$899,900—
DateEvent & SourcePrice
05/15/2017

Expired

BRIGHT #1000806558

—
05/17/2016

Listed (Active)

BRIGHT #1000806558

$899,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 75th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,704 ($309 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt944 SqFtAbove Grade Finished SqFt944 SqFtStories2Lot Size7,000 SqFtStyleSingle Family ResidenceYear Built1983ZoningR-2CountyWORCESTERAPN10-086841Fireplace TypeHas Fireplace

Schools near 114 75th Street

This home is within Worcester County Public Schools.
Rating
School
Type
Grades
Distance
Ocean City Elementary School
Public - PK to 4
Berlin Intermediate School
Public - 5 to 6
Stephen Decatur Middle School
Public - 7 to 8
Stephen Decatur High School
Public - 9 to 12
Rating
School
Distance
Ocean City Elementary School
PublicPK to 4

Berlin Intermediate School
Public5 to 6

Stephen Decatur Middle School
Public7 to 8

Stephen Decatur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 114 75th Street, Ocean City, MD 21842

114 75th Street is a multi-family home Coming Soon in Ocean City, MD 21842. This property is currently priced at $1,699,900. This listing's school district is Worcester County Public Schools. Nearby schools include Ocean City Elementary School, Berlin Intermediate School and Stephen Decatur Middle School. 114 75th Street is a 0-bed, 0-bath, 4,048 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 02/21/2026 10:44 AM