Property Type:Single Family Home
On Site:323 Days
Lot Size:5,000 Sq. Ft.
Welcome to your next opportunity in the Ocean City, MD opportunity zone at the Somerset Harbor property boosting 56 land use options with this DMX zoned land and units. The existing 3 buildings features 2x two bedroom, 1 bathroom units making up 6 units, and confirms with 6-12 possible units w/ redevelopment options set to improve the area. Currently, 4 units are rented as a AirBnb vacation rental and 2 as employee/student summer housing. Each unit has been moderately updated, and is already income producing. DMX zoning allows for 56 land use redevelopment options such as a new condo building, single family home(s), hotel/motel, commercial, mixed-use, retail stores, the list goes on.... Inquire for Land-Use Resources.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Listing Information Last Updated 6/13/2021
Listing provided courtesy of Michael Nolen, Coldwell Banker Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX
Brokerage firms other than Coastal Life Realty Group are marked with
the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes
the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for
any purpose other than to identify prospective properties consumers may be interested in purchasing.
The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying
on them in a purchase decision. Information deemed reliable but is not guaranteed.
By registering I hereby provide express written consent to the Coastal Life Realty Group to provide to their professional real estate clients, affiliates/advertisers and participating lenders my contact information and to call me at the phone number I have provide above using an automatic telephone dialing system, an artificial or pre-recorded voice or text message. I understand that I am not required to provide this consent and authorization and it is not a condition to receive any good or service.