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$849,000

Welcome to Ocean Reef, where waterfront living and boating come together in one of Ocean City’s most desirable residential communities. Offering approximately 1,700 square feet of living space, this spacious 3-bedroom, 3-bath residence features expansive southwest-facing views over the bay, Intracoastal Waterway, and surrounding wetlands, along with the opportunity to separately purchase the seller’s deeded boat slip within the Ocean Reef community. For the boating enthusiast, it is an exceptional combination—waterfront living, beautiful views, and the convenience of keeping your boat just steps from home. Inside, dramatic cathedral ceilings and a fireplace anchor the bright, open main living and dining areas, where large windows capture passing boats, coastal wildlife, changing skies, and spectacular sunsets. Generously sized rooms, 3 full baths, and abundant living space provide a level of comfort and versatility rarely found at this price point. The unique multi-level floor plan offers excellent separation and privacy, with a primary suite on the main level and a second primary suite upstairs, creating flexible private space for family and guests or a home office. This is the best value and opportunity for a 3-bedroom residence with a boat slip in all of Ocean City. Ocean Reef offers a true resort-style lifestyle with two swimming pools, tennis and pickleball courts, boat docks, beautifully maintained bayfront grounds, and professional on-site management—all just minutes from Ocean City’s beaches, Boardwalk, dining, and attractions. Space, southwest-facing waterfront views, boating, spectacular sunsets, amenities, and value—this is an Ocean City opportunity that is hard to match.

3 Beds ⋅ 3 Baths ⋅ 262585 MLS

123 Wahoo Drive, Ocean City

$2,690,000

Oceanfront Southend location • 5 bedrooms • Covered private decks • Ocean view primary suite • No HOA • Fully furnished • Proven rental income Wake up to the sound of the ocean and enjoy coastal living from this first-floor oceanfront condo at 4301 Central Ave in Ocean City’s sought-after Southend. Positioned on the corner of 43rd Street and Central Avenue, this spacious 5-bedroom, 3.5-bath residence combines the comfort of a large shore home with the flexibility of a proven income-producing property. Multiple covered private decks create inviting outdoor spaces for morning coffee, afternoon shade, or evenings spent enjoying the ocean breeze, while the private balcony off the primary suite captures water views and adds a quiet retreat away from the main living areas. Inside, approximately 2,148 sq ft of living space offers room for gathering, entertaining, and accommodating guests throughout the season. The main living area centers around a gas fireplace and flows into an eat-in kitchen with center island and adjacent dining area, creating an open, functional layout designed for shore living. Interior finishes include vinyl plank flooring, tile, and wall-to-wall carpet, along with a walk-in closet and fully furnished interiors that allow for immediate enjoyment from day one. Additional exterior features include an outdoor shower, storage space for beach gear, a 1.5-car attached garage, and two assigned parking spaces. The co-ownership structure carries no monthly association fee, an increasingly rare advantage for an oceanfront property in Ocean City. Located directly along the beach in Cape May County, this Southend location places you close to some of Ocean City’s most desirable stretches of shoreline while offering strong rental appeal. Historical annual rental income averaging approximately $110,000–$120,000, with rental potential over $170,0000 making this an exceptional opportunity for both personal enjoyment and investment.

5 Beds ⋅ 3 Baths ⋅ 262502 MLS

4301 Central Avenue, Ocean City