LC1 Zoning!!! Property in Ocean City, Md is scarce. Incredible Developer opportunity and potential. Fabulous mid-town location. Bay views and a short walk to the beach. Several of the Cottages are rented / occupied. Property as shown currently produces $47,000.00+ annual income. Interior of cottages cannot be shown at this time. Property approved for 20+, 2 car garage town homes, or a 40 unit condo/hotel building. Do a walk around. Lot 200 ft X 120 ft. Approximately 24,000 sq. ft. Tax accounts 10-086906 & 10-431077 are included in the offering. Additional connecting lots may be available. All existing structures are sold as-is.
Listing courtesy of Keller Williams Realty Delmarva.