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Est. $3,267/mo

$557,500

13444 Madison Avenue,Ocean City, MD 21842

beds

baths

2,000

sqft

1958

built

Overview

Opportunity 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 proje...

Listing updated: July 10, 2026 at 12:01 PM

Listed by:

Kelly R Williams (301) 325-5308, RE/MAX Realty Centre, Inc.

Source: Bright MLS · MLS #MDWO2009464

Property details

Your cost estimate

Est. monthly payment

$3,267/mo

Principal & interest

$2,922

Property tax

$159

Home insurance (est.)

$186

Down payment

$111,50020% of list price

Adjust down payment20%

0%25%50%

Based on 20% down ($111,500), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Personalized Mortgage Summary

Price history

Date	Event	Price
Jun 23, 2026	Price reduced	$557,500(−$2,400)
Apr 30, 2026	Price reduced	$559,900(−$5,000)
Aug 2, 2022	Listed for sale	$564,900

Location

13444 Madison Avenue, Ocean City, MD 21842

Est. monthly payment

$3,267/mo

at 20% down · $557,500 list

Tour for free, no strings attached

Ask a question (703) 349-5477

Mable Loans · Equal Housing Lender
NMLS #1949497

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This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.