Welcome to Drake Realty!

If you are looking to buy or sell residential or commercial real estate in Maryland, you’ve come to the right place. Drake Realty agents work collectively as a team to meet all your real estate needs. With over 150 combined years of experience in the industry, our agents are proficient in a wide variety of market specialties which means we are equipped to oversee any type of real estate transaction.

Featured Properties

Welcome to this exquisite West Ocean City waterfront property with stunning views of Assateague Island and Sinepuxent Bay. This luxurious home is tucked away in the exclusive Seapointe Community and boasts 6 bedrooms, 6 full baths, and 3 half baths, spread over 7323 square feet of living space. Built in 2012, and customized in 2023, this home features a custom gourmet kitchen with top-of-the-line appliances including Sub Zero refrigerators, Wolf commercial stove, built-in steamer and microwave, Miele espresso machine, pot filler, and wine fridge. The kitchen also includes a large multi-level marble island and Italian marble floors. The main level includes a sunken family room with Brazilian wood flooring, a wet bar with wine cooler and ice machine, and a built-in gourmet pizza oven as the focal point of this cozy room. The formal sunken living room features a marble fireplace and vaulted ceilings, while the first floor office boasts gorgeous rich mahogany raised panel walls, and open dining room with a dome ceiling. The first floor bedroom includes an en suite bath and a separate half bath for guests, as well as an elevator for convenient access to all levels. The second level offers four bedrooms, all have stunning water views and sliding glass doors leading to multiple balconies to sit and enjoy the wildlife and water scenes from your home . Follow those balconies and you will discover a large deck overlooking your two large 25 x 65 boat docks leading out to the Ocean City Inlet and some of the best fishing on the East Coast . The entire third level is dedicated to the primary suite, with a Miele espresso bar, wet bar, custom vanity and closets, and a knotty pine vaulted ceiling with skylights . Sliders from every angle of the primary suite lead to wrap-around balconies with breathtaking water views. Additional features of this home include heated floors, recessed lighting, remote control shades, a garage level fishing room with custom cabinets and a half bath,, and a spacious crab steaming wing built over the spacious 2 car garage, which offers a second kitchen area, custom built in booths, beautiful pine walls and a half bath. This exquisite custom design has 5 geo thermal systems, incredible craftsmanship throughout sparing no expense to ensure this home has the best finishes available and positioned to perfectly captured every view possible! Don’t miss the opportunity to own this one-of-a-kind waterfront retreat. $8,950,000 ACTIVE

9601 Ocean View Ocean City, Maryland

6 Beds 9 Baths 7,323 SqFt 0.36 Acres

Professional Photos Coming Soon! Discover the epitome of luxury in this one-of-a-kind, DIRECT OCEANFRONT condo in North Ocean City. Spanning the entire third floor of the prestigious Seaside Plantation Building, this masterpiece was custom-designed during construction to offer the finest in coastal living. With over 4,000 square feet of interior space, this residence features 5 bedrooms, each with its own private ensuite bathroom, plus an additional half bath and a spacious study/office. The chef’s kitchen is equipped with two refrigerators, two sinks, and two dishwashers, making entertaining effortless. Designed for both comfort and convenience, this home boasts an open-concept layout, five assigned parking spaces (including two covered), and access to a rooftop pool with an expansive sun deck. The private oceanfront balcony stretches an incredible 85 feet, while the north and south balconies each extend 58 feet, offering breathtaking, panoramic coastal views (over 1,200 sqft of balcony space) This is a rare and unparalleled opportunity to own a truly exceptional oceanfront residence. $4,400,000 ACTIVE

12201 Wight Street 301 Ocean City, Maryland

5 Beds 6 Baths 4,015 SqFt

Unique opportunity to own 2 units in the rarely available St. Kitts building fittingly named "Sunrise" & "Sunset." Each spacious unit has 5 bedrooms and 4.5 baths, new HVAC units, newly replaced sliding doors, and surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. The condos have 6 covered assigned spaces, 3 per unit, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunrise" Unit 303, has been an occasional summer retreat for the current owners and is approximately 2622 sq. ft. and will convey with most furniture. The Gourmet kitchen features granite counters, plenteous kitchen cabinets , built in wine cooler & icemaker, the granite island conveniently offers a cooktop & vented stainless steel range hood so you can prepare a feast while socializing with your guests. The living area has aesthetically pleasing cork flooring, sliding doors and windows galore allowing an abundant of natural sunlight with views of the ocean. "Sunset" Unit 301, at 2722 sq ft, is a proven high income producing rental that is being offered turn key/ fully furnished so all you have to do it start collecting the rental income. Sunset also features LVP flooring, granite counters & island, tray ceilings as well as sliders and windows galore. In between the twin units sits a beautifully decorated terrace perfect for entertaining and or family gatherings. This is an incredible offering to allow large families or great travel friends to own together in one of the most desirable garden style condo buildings in town or an incredible investment opportunity that could bring in over $280+- in gross rental income per year. Or you may just want to keep one for personal use and rent the other, either way this is an opportunity that doesn't come around often and will not be around for long! $3,250,000 ACTIVE

5 87th Street 303 & 301 Ocean City, Maryland

10 Beds 10 Baths 5,347 SqFt

Welcome to a truly exceptional residence where luxury meets waterfront tranquility. This stunning 5-bedroom, 6-full-bathroom, and 2-half-bathroom Bayfront home, epitomizes coastal elegance with 145 feet of direct bay frontage and captivating southern exposure. Step through the elegant front door and be immediately entranced by the intricate details and high-end upgrades throughout. The majestic foyer, adorned with pristine marble flooring, draws your gaze toward the breathtaking Bayfront views and the inviting swimming pool nestled in the courtyard. Whether you are seeking a permanent residence or a luxurious vacation home, 733 Bradley Rd is a rare gem offering unparalleled coastal living. Don’t miss the opportunity to experience this extraordinary home—schedule your visit today! $2,800,000 ACTIVE

733 Bradley Road Ocean City, Maryland

5 Beds 8 Baths 6,106 SqFt 0.17 Acres

Investor Alert!! Own 10 of 14 units in this downtown condo and become your own boss. 4- 2 bedroom 1 bath units and 6 1 bed 1 bath units located just one block from the Ocean and One block from the workd famous MR Ducks and Angler Restaurants. Great cash flow as Airbnb's or continue some of the units as Year round units. Take the opportunity to utilize the City's Facade Grant ans have. a huge value add with a new front exterior remodel. This property works great for any rental opportunity including Student or summer seasonal rentals. $1,999,900 ACTIVE

106 Talbot Street 101 Ocean City, Maryland

14 Beds 10 Baths 5,400 SqFt

Welcome to 505 Miramar, the premier location in the private residences on the top floor of the Courtyard by Marriott. The fifth floor is exclusive to nine luxury condominiums, only three of which are direct oceanfront. Breathtaking ocean views can be enjoyed as soon as you enter this end-unit penthouse. Step outside to the huge oceanfront, wrap-around deck for the best panoramic beach and boardwalk views you'll find in Ocean City. The bright, open living room and dining room feature a fireplace, floor to ceiling windows and sliding glass doors. Open floor plan continues to the upgraded kitchen with granite countertops, barstool seating and of course bright blue ocean views. The primary bedroom has great southern exposure and additional deck with more beach views. Spacious primary bathroom includes a jetted soaking tub, stand-up shower and dual sink vanity. Built in 2009, this well maintained hotel/condo has amazing year round amenities; heated pool, fitness center, restaurant, 24 hr security, in-house management and maintenance. All of this with an incredibly low condo fee! This is truly a unique and rare opportunity to own a direct oceanfront penthouse on the famous Ocean City boardwalk. $1,950,000 ACTIVE

2 15th Street 505 Ocean City, Maryland

3 Beds 3 Baths 2,105 SqFt

Professional photos coming 4/10 Welcome to this beautifully renovated, direct bayfront single-family home located in the prestigious gated Sunset Island community in Ocean City, Maryland. Offering spectacular panoramic bay views, this home has been completely updated to provide the ultimate in modern living. Every detail has been carefully designed, including fully renovated bathrooms, brand-new flooring, and luxurious quartz countertops in both the kitchen and bathrooms. Fresh paint throughout the entire home adds a bright and inviting ambiance to the spacious, open concept living areas. The Sunset Island community offers an array of exclusive amenities, including private beaches, walking paths, and a clubhouse, making this a rare opportunity to own a fully updated home in one of Ocean City’s most coveted neighborhoods. Don’t miss your chance to experience bayfront living at its finest! Owner agent $1,949,000 ACTIVE

4 Seaside Mews LUS-BS Ocean City, Maryland

5 Beds 5 Baths 3,244 SqFt 0.05 Acres

"Lukas Apartments" is located on Saint Louis and 8th Street in downtown Ocean City. Just a block to the bay and a few blocks to the ocean. Views of both bay and ocean from balcony. The property consists of 2 separate buildings. One building is a 4 bedroom 2 bath house. The other building a separate first and second floor unit with 3 bedrooms and 2 baths each. The property has a total of 10 bedrooms and 6 full baths. Many new updates. Sold fully furnished. Winterized. All 3 units have 2 entrances, which gives the option of splitting the 3 current units into 3 additional smaller units. $1,899,999.99 ACTIVE

802 Saint Louis Avenue Ocean City, Maryland

10 Beds 6 Baths 3,494 SqFt 0.11 Acres

This spacious unit, just steps to the beach, has 5 bedrooms and 4.5 baths, new HVAC unit, newly replaced sliding doors, and surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. The condo has 3 covered assigned spaces, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunrise" Unit 303, has been an occasional summer retreat for the current owners and is approximately 2622 sq. ft. and will convey with most furniture. The Gourmet kitchen features granite counters, plenteous kitchen cabinets , built in wine cooler & icemaker, the granite island conveniently offers a cooktop & vented stainless steel range hood so you can prepare a feast while socializing with your guests. The living area has aesthetically pleasing cork flooring, sliding doors and windows galore allowing an abundant of natural sunlight with views of the ocean and bay. This is an incredible offering to allow large families or great travel friends to own together in one of the most desirable garden style condo buildings in town or an incredible investment opportunity that could bring in over $100k+- in gross rental income per year. $1,750,000 ACTIVE

5 87th Street 303 Ocean City, Maryland

5 Beds 5 Baths 2,622 SqFt

**This home has operated as a short term rental for the past nine months. All confirmed 2025 bookings, currently totaling $100k in revenue, will transfer to the buyer, who will receive all rental income from settlement date forward.**Don't miss this incredible opportunity to own your dream home on Mallard Island! Mallard Island is the best kept secret of Ocean City and one of the most sought-after custom home communities in OC. The island has only 42 homes which rarely come on the market. If you miss this one, you could be waiting years for another opportunity to be part of this amazing family-oriented community. This beautifully updated 5-bedroom, 4-bathroom home sits on a double lot, with the potential to subdivide (verify with Planning & Zoning). The private backyard is a relaxing oasis featuring a low-maintenance deck with kitchenette, a beautiful in-ground pool, a gas firepit, and tons of space for entertaining. The exterior is professionally maintained and boasts clean and modern accents, including a spacious covered front porch with a stylish steel entry door, exterior lighting, and a new front porch railing. Essential updates include a new oil tank, hot water heater, oil burner, and pool pump. In addition, a new patio door and two brand new high-efficiency HVAC systems (including ductwork) are being installed in April. Step inside and be wowed by this luxuious space! Over 4700 sf of living space with a variety of unique spaces to unwind and enjoy the easy living vibes of Ocean City. The main level features a bright and airy living room/dining room combination, all freshly painted with new lighting and blinds throughout, along with a fire place in the living room on the main level and a fireplace in upstairs gameroom/master! The kitchen shines with stainless steel appliances, granite countertops, and a stylish backsplash. A brand-new washer and dryer are also conveniently located on the main level as well as a large bedroom. The bathrooms have all been remodeled and tastefully decorated. Upstairs, you'll find the ultimate game room, with a wet bar, fireplace, and pinball machines for added fun. The game room can also be configured as a large primary bedroom suite. The upper level also includes an in-law suite with a separate entrance for privacy. The home is complete with a spacious two-car garage plus an additional side garage—perfect for storing beach toys, bikes, and more. A large private driveway provides ample space for multiple vehicles and easy guest access. This home is being delivered FULLY FURNISHED (as seen in photos) and a Pinterest dream! Don't let this rare Mallard Island gem slip away—schedule your showing today! $1,675,000 ACTIVE

1533 Teal Drive Ocean City, Maryland

5 Beds 4 Baths 4,719 SqFt 0.3 Acres

NEW CONSTRUCTION, UNDER CONSTRUCTION, WITH A LATE SUMMER DELIVERY , PHOTOS OF PREVIOUS UNIT, LOCATED IN POPULAR WEST OCEAN CITY, , NOW OFFERING THE LAST 2 UNITS WITH UNBELIEVABLE ,BAY AND OCEAN VIEWS, , UPGRADED FINISHES, OPEN CONCEPT FLOOR PLAN WITH , XLARGE GARAGE, ELEVATOR, GAS HOT WATER ON DEMAND, THE LIST GOES ON AND ON UNIT OWNERS HAVE THE OPTION JOINING THE RECREATIONAL FACILITY, POOL , FITNESS ROOM AND CLUB HOUSE , PLEASE INQUIRE ON COST AND MEMBERSHIP FEE . PRICES START AT 1,6250,000 WASHER /DRYER/REF, NOT INCLUDED $1,625,000 ACTIVE

12920 Carmel Avenue 13 Ocean City, Maryland

4 Beds 5 Baths 3,105 SqFt

**Exquisite Bayfront Home in Prime Little Salisbury, Ocean City** Discover this spectacular new listing in the quiet and highly sought-after neighborhood of Little Salisbury, Ocean City, Maryland. Overlooking the serene Assawoman Bay, this home offers stunning south-facing views, allowing you to enjoy the sun from dawn until its breathtaking sunset. Bask in panoramic vistas of the Ocean City skyline and open bay, right from the comfort of your home. This beautifully updated and meticulously maintained residence features three spacious bedrooms and two full baths, including a large primary suite. The expansive kitchen opens seamlessly into the living and dining areas, making it perfect for both entertaining and cozy family gatherings. Relax by the fireplace in the living room or host guests in the large open space designed for games and additional seating. Step outside to enjoy a massive backyard, perfect for outdoor entertainment, and a secluded screened-in porch for peaceful relaxation. The enclosed wet bar area offers the perfect spot to sip your favorite drink while watching the sun set over the bay. A garden shed provides convenient storage for your beach and boating essentials, and there’s an outdoor shower for rinsing off after a day on the water. For water lovers, this property features a boat lift and jet ski lift, as well as an expansive deck ideal for fishing, crabbing, or simply playing in the bay. Whether you’re looking for a serene retreat or a home built for entertaining, this exquisite property has it all. Don’t miss the chance to experience this beautiful bayfront oasis, --- $1,595,000 ACTIVE

405 Bering Road Ocean City, Maryland

3 Beds 2 Baths 1,906 SqFt 0.17 Acres

Welcome to luxury living in The Plantations, where elegance meets a serene coastal retreat. This newly constructed 3,130 sq. ft. townhome redefines coastal sophistication with expansive water views stretching across Assateague Island, the Atlantic Ocean, and the iconic Verrazano Bridge on the horizon. "The Plantations" symbolizes a refined haven inspired by coastal beauty and modern comforts. This meticulously crafted residence boasts an open-concept design with custom built-ins throughout, enhancing each space with style and functionality. The heart of the home, an island kitchen, is a chef’s delight with high-end appliances, ample prep space, and seamless flow into the living and dining areas – perfect for entertaining or unwinding after a day by the shore. Featuring four generously-sized bedrooms, each with a private ensuite bath, this home offers privacy and luxury for family and guests alike. A well-placed half bath off the kitchen and living room area adds extra convenience. The primary suite is a sanctuary with picturesque views and spa-like finishes. Accessible by a private elevator, this townhome ensures ease of access to all levels, including the spacious two-car garage. Combining luxury, convenience, and timeless coastal charm, this property at The Plantations invites you to experience the finest in beachside living. Now is the time to "Invest In The Beach Lifestyle". $1,585,000 ACTIVE

12920 Carmel Avenue 10 Ocean City, Maryland

4 Beds 5 Baths 3,130 SqFt

This amazing spacious unit has 5 bedrooms and 4.5 baths, new HVAC unit, newly replaced sliding doors, and surround sound featured in the open living areas as well as wrap around balconies with views of the beach, Atlantic Ocean & Assawoman Bay. The condo has 3 covered assigned spaces, for no hassle parking and a building elevator for ease of trips to and from the beach. "Sunset" Unit 301, at 2722 sq ft, is a proven high income producing rental that is being offered turn key/ fully furnished so all you have to do it start collecting the rental income. Sunset also features LVP flooring, granite counters & island, tray ceilings as well as sliders and windows galore. To the east of this unit sits a beautifully decorated terrace perfect for entertaining and or family gatherings. This is an incredible offering to allow large families or great travel friends to own together in one of the most desirable garden style condo buildings in town or an incredible investment opportunity that could bring in over $100k+- in gross rental income per year per unit $1,500,000 ACTIVE

5 87th Street 301 Ocean City, Maryland

5 Beds 5 Baths 2,725 SqFt

Amazing ocean side residence, Unit 9A with 6 bedrooms, 5.5 baths, elevator, undercover parking, outdoor pool & much more. This unique residence is one of the largest ocean side homes in OC and just steps to white sandy beaches, restaurants, shopping, entertainment and North Side Park. Great location beach side offering ocean views with wide corner decks on each level. The perfect resort home for a large family & guests, corporate getaway, rental investment or entertaining many friends. Under cover parking with elevator to all 3 levels, an enclosed full bath by pool and storage room. Second level is the main living area with slider doors to ocean view deck, sitting area with wet bar & half bath, spacious dining area, a gourmet kitchen with granite counter tops, pantry and laundry closet. First floor has suite bedroom with private bath and slider doors to deck, plus 2 other bedrooms and hall full bath. Third floor features master suite with slider door to ocean view deck, walk-in shower and double vanity, plus 2 other bedrooms and hall full bath. Many custom features; crown molding, sound system, storm shutters and tank-less hot water heater. Recent exterior improvements- 2022 new windows & siding, in 2024 new composite decking and vinyl railings on 3 decks. The perfect beach resort home to build memories for years to come. $1,500,000 ACTIVE

9 134th Street 9A Ocean City, Maryland

6 Beds 6 Baths 2,436 SqFt

Amazing ocean side residence, Unit 9B, sold fully furnished with 6 bedrooms, 4.5 baths, elevator, undercover parking, outdoor shared pool & much more. This unique residence is one of the largest ocean side detached townhouse units in OC. Great location beach side with ocean views from the wide corner decks on each level. The perfect resort home for a large family & guests, corporate getaway, rental investment or entertaining many friends. Under cover parking with elevator to all 3 levels, an enclosed full bath by pool and storage room. Second level is the main living with gas fireplace, slider doors to ocean view deck, sitting area with wet bar, a spacious kitchen with granite counter tops, large dining area, pantry and laundry closet. The first level features 3 bedrooms and full hall bath with deck and slider door off one bedroom. Third level features master suite with deck facing the ocean, master bath with double vanities, walk-in closet and double corner shower. Two additional large bedrooms on the 3rd floor with a hall full bath. Exterior renovations include; new composite decks & vinyl railings on 3 levels 2024, new windows and siding in 2022. Many custom features; sound and security system, custom cabinets, tankless gas hot water heater and crown molding in main living area. Zoned Condo Townhouse Unit with no rental restrictions allowing for maximum rental potential and flexibility. A prime Ocean City location close to North Side Park, restaurants and shopping. Wonderful design for either primary residence or an investment property, view detailed floor plan in photos. All this awaits you just steps to a beautiful wide beach in north Ocean City. $1,500,000 ACTIVE

9 134th Street 9B Ocean City, Maryland

6 Beds 5 Baths 2,436 SqFt

Why Choose Us

Our experience, professionalism, and collective approach to real estate set us apart from the rest. When we represent a buyer or seller, we put the needs of our clients first and make every effort to find a solution that meets their needs.

Variety of Properties

From residential waterfront properties to warehouse space and everything in between, Drake Realty manages transactions of a wide range of properties in Maryland. We offer specialist knowledge in a variety of industries, from commercial and industrial to office, retail, residential, investment properties, and land.

Trusted & Experience

We pride ourselves in getting the most value in and out of the properties we buy and sell for our clients. The Drake Realty team has a strong grip on market trends and through a collective approach with specialists in every category, we can provide superior service to the buyers and sellers we work with.

Management Serices

Our management services include consultation, marketing, advertising, 3D imagery, open houses, coordination, and personal handling.

Meet our Agents

Tom Walpole

Real Estate Agent

Jack Williams

Real Estate Agent

Susan B. Megargee

Associate Broker

Jack Williams

Real Estate Agent

Contact Us

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