Taxes
- Assessed Value: $20,685,400
- Assessed Year: 2026
- Assessed County: Worcester
- APN: 10-040396
- Market Land Value: 10755000
- Tax Amount: 280396
- Tax Year: 2026
- Market Value: 21285200
- Market Year: 2026
1 16th St; Ocean City, MD Property Details
Off market
1 16th St Ocean City, MD 21842
$20,685,400 Estimated Value
102,771 SqFt
Property Type
HotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2018
- Open Loans: 2
- APN: 10-040396
- Situs County: Worcester
- Length Of Ownership: 26 years, 8 months
Structure
- Stories: 8
- Building Condition: Average
- Building Quality: B+
- Pool Type: Yes
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 102,771/SqFt
- Lot: 45,000/SqFt
- Gross: 102,771/SqFt
- Living: 102,771/SqFt
- Building: 102,771/SqFt
- Ground: 102,771/SqFt
Legal Description
- Description: LOTS 1 2 3 BLK 56N LOTS 10 11 12 BLK 56N PL OCEAN CITY
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Worcester County Public Schools
- Lat / Lon: 38.34545 / -75.07803
- Subdivision: Synep1xent Beach Co Baltimore
- Property Class: Commercial
- Zoning: R-3
- County Use Code: A104
Amenities
- Pool: true
- Plus Four: 8472
- Cooling: Packaged Unit
- Heating: Hot Water
Ownership Info
1 16th St has no associated ownership info
1 16th St has no associated ownership info.
Taxes
1 16th St has 9 associated Taxes items
1 16th St, Ocean City, MD pays taxes in Worcester County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $20,685,400. The APN we've located for 1 16th St is 10-040396.
Unlock the full reportTax History
1 16th St has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $20,685,400 | Land Value | Improvement Value | Tax Amount $280,396 | Change Rate +0.022321% | Assessed CR | Tax Rate +0.013555% |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $274,274 | Change Rate +0.008731% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $19,485,800 | Land Value $7,875,000 | Improvement Value $11,610,800 | Tax Amount $271,899.97 | Change Rate -0.010092% | Assessed CR | Tax Rate +0.013954% |
| Year 2023 | Assessed Value $19,485,800 | Land Value $7,875,000 | Improvement Value $11,610,800 | Tax Amount $274,671.84 | Change Rate +0.003006% | Assessed CR | Tax Rate +0.014096% |
| Year 2022 | Assessed Value $19,485,800 | Land Value $7,875,000 | Improvement Value $11,610,800 | Tax Amount $273,848.56 | Change Rate -0.066693% | Assessed CR | Tax Rate +0.014054% |
| Year 2021 | Assessed Value $20,764,100 | Land Value $7,530,000 | Improvement Value $13,234,100 | Tax Amount $293,417.5 | Change Rate | Assessed CR | Tax Rate +0.014131% |
| Year 2020 | Assessed Value $20,012,933 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $19,261,767 | Land Value | Improvement Value | Tax Amount $273,204.09 | Change Rate +0.047932% | Assessed CR | Tax Rate +0.014184% |
| Year 2018 | Assessed Value $18,510,600 | Land Value $4,065,600 | Improvement Value $14,445,000 | Tax Amount $260,707.91 | Change Rate +3.808598% | Assessed CR | Tax Rate +0.014084% |
| Year 2017 | Assessed Value $3,839,733 | Land Value | Improvement Value | Tax Amount $54,217.03 | Change Rate | Assessed CR | Tax Rate +0.01412% |
| Year 2016 | Assessed Value $4,422,800 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $4,047,800 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $4,047,800 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $62,716.8 | Change Rate | Assessed CR | Tax Rate |