Buy Entire Condo Building! perfrect for Airbnb and lifestyle asset

[Richard Forton]

For Sale: Entire Airbnb Condo Building in Ocean City, MD – $1,800,000

508 Edgewater Avenue 

Ocean City MD 21842

Corner of 6th Street & Edgewater Avenue | Prime Location | No HOA

Own the entire building—3 fully furnished condos—in one of Ocean City’s most desirable locations! Just 3 blocks from the beach and boardwalk, and steps from the Isle of Wight Bay, this is a rare opportunity to invest in a high-performing, turnkey Airbnb property. URL attached is our personal site for Edgewater Retreat bookings

Listing Price: $1,800,000
Includes all 3 condos, fully furnished and rental-ready.

Property Highlights:

• 3 Full Condos Included:
  • 1 Bed / 1 Bath
  • 2 Bed / 1 Bath
  • 3 Bed / 2 Bath
• Each Unit Includes:
  • In-unit Laundry
  • Full Kitchen
  • Spacious Living Room
• Private Decks with Water Views
• Outdoor Shower
• Off-Street Parking - HUGE DEAL in this area
• Private Owner Storage
• Local Cleaner Partnership (cleaning, linens, light repairs)
• No HOA Fees – Full Ownership of the Building
• Steps from Prime Fishing on Isle of Wight Bay
• Neighbor to the Founder of White Marlin. White Marlin Open in Ocean City brings in huge crowds with celebrities that include Michael Jordan himself!
• HVAC, water heater, floors, furniture, some appliances all replaced within the past few years.

Proven Income Generator

Over $150,000 in gross revenue in just 5 months of seasonal rentals!

Fully automated Airbnb systems: bookings, guest messaging, and operations.

Perfect for investors or families looking for a vacation home with income potential.

Used personally for events like Friendsgiving—ideal for hosting loved ones. I currently use it a few times a years.

Comparable 3BR Condos in the Area Sell for $1M+ (with $400–$500/month HOA fees). Here, you own the entire building—no fees, no restrictions. Very Very unique to acquire a building like this and have full control of the property.

Seller Support Included

• Assistance with system setup
• Introductions to trusted local vendors
• Smooth transition for new owners
• Possible financing or at least directed to good local banks I have partnered with over the years.

Serious inquiries only. Contact us today to schedule a private showing or request financials.