13444 MADISON Ave, Ocean City, MD 21842

Beds
3
Baths
2
Sqft
2,000

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Leading Edge
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Overview

Opportunity knocks! The home is in need of some work as you will see upon entering, but it has potential for many things. Situated on an oversized corner lot with water views from three sides, this property offers room to add 2+ levels, as zoning laws allow building up to 45 feet. Zoned R-3 for multi-family and residential. Approved variances are in hand, including a variance for a second and third floor cantilever, making expansion plans even more attainable. Variance for an auxiliary dwelling unit (ADU) also in hand. If necessary, the current owner is open to a joint venture to see the project through to the finish line. Ideal for an investor looking to make a profit or someone looking to build a primary residence, a vacation getaway, an investment opportunity—or all of the above!

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Number of bedrooms
3
Number of bathrooms
2
Square feet
2,000
Lot size (acres)
0.11
Year built
1958

Interior features

Fireplaces
1

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2023)
$1,903

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDWO2009464 Last checked:

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