13444 Madison Avenue
Ocean City, MDOpportunity 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 opportunityor all of the above!
ACTIVE
- Price
- $ 557,500
- City
- Ocean City
- Bedrooms
- 3
- Full Bathrooms
- 2
- County
- WORCESTER
- Half Bathrooms
- 0
- Area
- Bayside Interior
- Lot Size
- 0.11 Acres
- Zip
- 21842
- Sqr Footage
- 2,000
- Year Built
- 1958
- Taxes
- $ 1903
- Style
- Colonial
- MLS#
- MDWO2009464
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Selbyville, DE office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 21842
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Size
- <span>2,072</span> SqFt
- Rooms
- <span>5</span> Beds + <span>2.5</span> Baths
Areas That We Cover
13444 Madison Avenue Ocean City, MD is a Single Family Home for sale at $557500 with 2000 sqft and a lot size of 0.11 Acres Acre(s). 13444 Madison Avenue Ocean City has 3 bedrooms, 2 baths and was built in 1958. The property's zip code is 21842 which is in Ocean City, MD
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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