611 Atlantic Ave, Ocean City, MD, MD 21842

$12,900,000
List Price
$12,900,000
Days on Market
18
Status
ACTIVE
MLS#
MDWO2003572
Lot Size (Acres)
0.65
Year Built
1925

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.

Additional Information

Area
Direct Oceanfront (80)
Taxes
$79,271
Elementary School
Ocean City
Middle School
Stephen Decatur
High School
Stephen Decatur
Flooring
Fully Carpeted, Hardwood, Tile/Brick, Wood
View
Ocean
Heating
Wall Unit
Cooling
Multi Units, Wall Unit
Roof
Architectural Shingle
Utilities
Cable TV
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker/Bud Church Rea.