12806 Ocean Gateway Highway

    OCEAN CITY, MD 21842
    • $19,900,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: MDWO108938
    UPDATED: 63 min ago
    $19,900,000
    • 0
      BEDS
    • 14.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    We are proud to introduce a once in a lifetime opportunity in Worcester County. The Francis Scott Key Hotel & Resort, developed and run by Kenny Baker and now run by his daughter Anne Marie and her husband, Jim. This family-oriented resort is located just 1 mile from Ocean Cities famous boardwalk and beach. This resort has been consistently named in the top 25 in the Nation on Trip Advisor for family run resorts and every year has received the Certificate of Excellence. The amenities include: Indoor Caribbean themed pool with full concession, an outdoor pirated themed shipwreck cove pool bar concession stand with gift shop as well as a pirate themed spray ground. 3 shuttle busses (2 handicapped accessible) transports guests to the beach and boardwalk. Guest~s also enjoy a full-scale restaurant on site, family movie theater, small conference center, arcade gust laundry as well as a full-scale laundry facility to complete all on site laundry needs for the hotel. Beach volleyball, basketball, picnic pavilion, fishing pond, and playground. There is a total of 240 guest rooms, 22 are single family vacation cottages which are rented weekly from Sat. to Sat. 80 have full kitchens, 112 have microwaves/compact refrigerators and 26 have smaller fridges. Guest rooms accommodate between 2-8 guests depending on room type. The entire property consists of 14 acres commercially zoned property located just across Rt. 50 from the outlet mall and around the corner from the world-famous West Ocean City Harbor and its top-rated waterfront restaurants. Call listing agent for all details. Please see attached video.

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-22T06:54:25.447.
    www.atlanticshoresoc.com/homes/98666640

    12806 Ocean Gateway Highway OCEAN CITY, MD 21842

    • Price: $19,900,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: MDWO108938
    0
    Beds
    0
    Baths
    0
    ½ Baths
    14.25
    Acres
    1950
    Built
    Neighborhood:
    West Ocean City (85)
    County:
    Worcester
    Area:
    West Ocean City (85)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    We are proud to introduce a once in a lifetime opportunity in Worcester County. The Francis Scott Key Hotel & Resort, developed and run by Kenny Baker and now run by his daughter Anne Marie and her husband, Jim. This family-oriented resort is located just 1 mile from Ocean Cities famous boardwalk and beach. This resort has been consistently named in the top 25 in the Nation on Trip Advisor for family run resorts and every year has received the Certificate of Excellence. The amenities include: Indoor Caribbean themed pool with full concession, an outdoor pirated themed shipwreck cove pool bar concession stand with gift shop as well as a pirate themed spray ground. 3 shuttle busses (2 handicapped accessible) transports guests to the beach and boardwalk. Guest~s also enjoy a full-scale restaurant on site, family movie theater, small conference center, arcade gust laundry as well as a full-scale laundry facility to complete all on site laundry needs for the hotel. Beach volleyball, basketball, picnic pavilion, fishing pond, and playground. There is a total of 240 guest rooms, 22 are single family vacation cottages which are rented weekly from Sat. to Sat. 80 have full kitchens, 112 have microwaves/compact refrigerators and 26 have smaller fridges. Guest rooms accommodate between 2-8 guests depending on room type. The entire property consists of 14 acres commercially zoned property located just across Rt. 50 from the outlet mall and around the corner from the world-famous West Ocean City Harbor and its top-rated waterfront restaurants. Call listing agent for all details. Please see attached video.
    Exterior Features

    Construction Materials ConcreteFrameMixedShake SidingShingle SidingStick Built Direction Faces North Door Features Six PanelSliding Glass Garage YN No Location Type Highway Lot Features ClearedLandscapingPondRoad Frontage Other Equipment See Remarks Parking Features Private Parking Types Off StreetParking Lot Property Condition Average+Prop Riparian Rights YN No Road Responsibility State Road Surface Type PavedUs Highway/Interstate Roof Architectural ShingleMetal Soil Types Unknown Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 111999.00 Cooling Central A/C Flooring CarpetCeramic TileHardwoodWood Heating Wall UnitProgrammable Thermostat Heating YN Yes Net Square Feet 111999.00 Security Features Carbon Monoxide Detector(S)Fire Detection SystemSecurity SystemSprinkler System - Indoor

    Property Features

    Acceptable Financing CashConventionalPrivate Accessibility Features None Assessment Year 2019 Association YN No Builder Name Kenny Baker Building Name None Available Building Permits On Hand Business Type Hotel/Motel Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Block Heating Fuel ElectricNatural Gas Historic YN No Hot Water Multi-TankNatural Gas Incorporated City Name Ocean City Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 240 Operating Expense Includes AdvertisingCable TvInsuranceElectricHeating/CoolingLandscaping Original MLSNumber 302018151776 Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 60954.0 Tax Assessment Amount 16246500.0 Tax Lot 196 Utilities Cable TvNatural Gas AvailablePhone Connected Vacation Rental YN No Water Source Well Zoning C2

    Listing courtesy of Coldwell Banker/Bud Church Rea.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-09-22T06:54:25.447.
     
    Atlantic Shores Realty
    7510 B Coastal Hwy
    Ocean City MD, 21842