Views - Golf Course
Address
9328 Bay Street Berlin, MD
Price
$ 500,000
Property Attributes
  • MLS#MDWO111338
  • TypeLand
  • CountyWORCESTER
  • CityBerlin
  • AreaWorcester East of Rt-113
  • Zip21811
  • StyleLand/Lot Only
  • Taxes$ 1690
  • Price$ 500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.25 Acres
Listing Provided Courtesy Of:
Keller Williams Realty Delmarva
Data Source:
Bright MLS
Property Description

Developer/Investor alert!!! LOCATED IN A DESIGNATED MD OPPORTUNITY ZONE!! May be eligible for big tax incentives and special financing!! 5.25 planned unit development (PUD) right on Bay Street in Berlin Md!!Site plan for 38 units or 19 Duplexes. Seller has retained the water and sewer rights since 2003!! ( 38 EDU's)Previous site plan available . Comes to $13,000 per unit land costs and you will get the EDU's at a big discount!!! Walk to downtown Berlin, and just minutes to Ocean City beaches, casino, golf, Assateague Island etc. Berlin is booming and there is a big housing shortage in the area! Great opportunity for investors and developers!!

Price History
1/15/2020 Listed $500,000

General Features

Acceptable Financing Cash, Conventional
Additional Parcels Y/N No
Association Y/N No
County WORCESTER
Current Use Land/Lot Only
Days on Market 465
High School District WORCESTER COUNTY PUBLIC SCHOOLS
MLS Area Worcester East of Rt-113
Municipality Berlin
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 2.19
Property SubType Land
Property Type Land
Sewer Public Sewer
Tax Annual Amount 1690.0
Tax Lot 2A
Tax Year 2020
Vacation Rental Y/N No
View Garden/Lawn
Water Access Y/N No
Zoning R-3

Exterior Features

Lot Dimensions 0.00 x 0.00
Lot Features Cleared, PUD
Lot Size Acres 5.25
Lot Size Source Assessor
Lot Size Square Feet 228690.00
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 21811

Price
AVG $370K
$500K
Taxes
AVG $1,319
$1,690
Visits
AVG 131
287

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