Five unit apartment building located on the ocean block a short distance to the beach. All units have their own individual tax record as part of the Coral Mist Condominium. All units are 1 bedroom / 1 full bath. Two apartments located on the first floor and two located on the second floor are 504 square feet each. The third-floor apartment is 756 square feet. Three of the units have been renovated. There are year-round tenants in all 5 units with consistent rental income. Property is zoned R-3. Application for ''Determination of Non-Conformity'' with the Town of Ocean City will determine if the existing building could be rebuilt with the same amount of units. Architectural renderings designed by the Seller in the listing photos show potential rebuild option.

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Listed by Michael Maykrantz of Keller Williams Realty Delmarva

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