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MLS #472573 - $29,000,000.00
1503 N Boardwalk
Ocean City, MD 21842
Commercial
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1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements. 1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements. 1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements. 1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements. 1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements. 1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements. 1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.
1503 N Boardwalk , Ocean City - Commercial - The Seascape Motel is an Operating Motel with Terrific Re-Development Potential.  This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.            
 

Directions:
On the Boardwalk at 16th Street

The Seascape Motel is an Operating Motel with Terrific Re-Development Potential. This is the Largest Ocean City, Oceanfront Boardwalk Site to become available in some time. Land is in 3 separate parcels. Currently there are 94 Rooms, 16 Apartments, 7 employee rooms, 2 manager/owner apartments, 4 Boardwalk stores (leased)& a bar & restaurant (leased). RE-DEVELOPMENT POTENTIAL Current zoning would allow at least 170 hotel units or 79 condominiums. A greater yield could be possible with parking credits, TDR's or a change to the Town's Overlay District requirements.

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  # Distance Address Type Price  
  1 0.00 2 15th St. Atlantic Av ... Residential $1,299,500  
  2 0.01 2 15th St. Atlantic Av ... Residential $899,500  
  3 0.01 2 15th St. Atlantic Av ... Residential $899,500  
  4 0.01 2 15th St Atlantic Ave Residential $699,500  
  5 0.01 2 15th St. Atlantic Av ... Residential $524,925  
  6 0.02 2 15th St. Atlantic Av ... Residential $515,925  
  7 0.06 4603 Coastal Hwy Residential $425,000  
  8 0.09 1605 Baltimore Ave Residential $124,000  
  9 0.09 106 16th St Residential $499,900  
  10 0.09 106 16th St Residential $529,900  
  11 0.09 106 16th St Residential $529,900  
  12 0.09 106 16th St Residential $549,900  
  13 0.14 105 17th St Residential $199,900  
  14 0.15 1711 N Baltimore Ave Residential $174,900  
  15 0.16 105 17th St Residential $125,000  
  16 0.16 1701 N Baltimore Ave Commercial $795,000  
  17 0.16 105 17TH St Residential $215,000  
  18 0.16 1305 Wilmington Ln Residential $190,000  
  19 0.18 1306 Philadelphia Ave Residential $195,000  
  20 0.20 1801 Atlantic Ave Residential $399,000  
  21 0.21 301 14th Street Residential $399,900  
  22 0.21 301 14th St Residential $589,000  
  23 0.21 1407 St Louis Ave Residential $149,900  
  24 0.21 1209 Atlantic Residential $874,900  
  25 0.21 1801 Atlantic Ave Residential $425,000  
  26 0.22 1201 Atlantic Ave Residential $245,000  
  27 0.22 1201 Atlantic Ave Residential $249,500  
  28 0.22 1201 ATLANTIC Ave Residential $220,000  
  29 0.22 1201 Atlantic Ave Residential $254,900  
  30 0.22 1201 Atlantic Ave Residential $204,900  
 


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Listing Courtesy of
Condominium Realty, LTD
Edward T Wehnert



Database update : Thursday, 05/17/2012 08:37

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1503 N Boardwalk , Ocean City - Commercial - $29,000,000

Ocean City Real Estate for Sale

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Ocean City Commercial

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Ocean City MD

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Commercial

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