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611 Atlantic Avenue

OCEAN CITY, MD 21842
  • $12,900,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: MDWO2003572
UPDATED: 51 min ago
$12,900,000
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:

Description

Historically Run family hotel that is located on 7th street and the Boardwalk. Amazing opportunity to run an existing hotel or purchase for re-development in future years. The Majestics main building consists of 52 rooms, amazing old school front porch, something Ocean City was built on. In addition the main building includes 2 retail stores with 1250/534 sq feet. The 2nd Oceanfront building contains 9 direct Ocean Front apartments all with individual ocean front porches. These apartments equal: 4-3br units, 4-4Br units and 1-1br unit. The Ocean Block building has 2-2br units and a coin operated laundry facility. In addition: the last building is approximately 3700 sq ft which consists of 2-3br units and a 1-2br unit. For developers. Call listing agent for Non conformity use. Call listing agent for all showings. Listing agent must accompany all showings.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. 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. Data last updated: 2021-11-30T09:51:07.43.
www.locomusings.com/homes/123275426
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611 Atlantic Avenue OCEAN CITY, MD 21842

  • Price: $12,900,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 51 min ago
  • ID#: MDWO2003572
0
Beds
0
Baths
0
½ Baths
0.65
Acres
1925
Built
Neighborhood:
Direct Oceanfront (80)
County:
Worcester
Area:
Direct Oceanfront (80)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
Historically Run family hotel that is located on 7th street and the Boardwalk. Amazing opportunity to run an existing hotel or purchase for re-development in future years. The Majestics main building consists of 52 rooms, amazing old school front porch, something Ocean City was built on. In addition the main building includes 2 retail stores with 1250/534 sq feet. The 2nd Oceanfront building contains 9 direct Ocean Front apartments all with individual ocean front porches. These apartments equal: 4-3br units, 4-4Br units and 1-1br unit. The Ocean Block building has 2-2br units and a coin operated laundry facility. In addition: the last building is approximately 3700 sq ft which consists of 2-3br units and a 1-2br unit. For developers. Call listing agent for Non conformity use. Call listing agent for all showings. Listing agent must accompany all showings.
Exterior Features

Construction Materials BrickMixedStick BuiltStoneTile Garage YN No Location Type Corner Lot/Unit Lot Features ClearedCornerLandscapingPoolside Other Equipment Negotiable Parking Features FencedHandicap ParkingLighted ParkingPaved Parking Parking Types Parking Lot Property Condition Average Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Architectural Shingle Soil Types Unknown View Ocean Water Access YN No Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront Features Sandy Beach Waterfront YN Yes

Interior Features

Building Area Total 41000.00 Cooling Multi UnitsWall Unit Flooring Fully CarpetedHardwoodTile/BrickWood Heating Wall Unit Heating YN Yes Net Square Feet 41000.00 Security Features Carbon Monoxide Detector(S)Desk in LobbyFire Detection SystemMonitoredSmoke Detector

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2021 Building Permits On Hand Business Type Apartment BuildingHotel/MotelParking Lot Central Air YN No Cooling Fuel Electric Electric 110 Volts120/240V200+ Amp Service3 Phases Elevators 1 Entry Level 1 Foundation Details Concrete PerimeterBlock Ground Rent Payment Frequency Annually Heating Fuel Electric Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801187860110 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 79271.00 Tax Assessment Amount 5609800.00 Tax Lot 11 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 Mile Utilities Cable Tv Vacation Rental YN No Water Source Public Zoning Bc-2

Listing courtesy of Coldwell Banker/Bud Church Rea.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. 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. Data last updated: 2021-11-30T09:51:07.43.
 
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