Ocean Princess Condos

Verified Building Facts

• Building Name: Ocean Princess
• Address: 11 134th Street, Ocean City, MD 21842
• Location Type: Ocean block
• Location Type: North Ocean City
• Year Built: 1982
• Building Type: Mid-rise
• Number of Units: 40
• Elevator Access: Yes
• Short Term Rentals: Yes

These facts are provided for informational purposes and should be independently verified during the purchase process.

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About Ocean Princess

Ocean Princess is a 5-story mid-rise condominium building in North Ocean City, located at 11 134th Street on the ocean block and less than 1 mile from Northside Park. Built in 1982, the building contains 40 units and has a moderate mix of one- and two-bedroom floor plans. Its overall setup is relatively straightforward, with elevator access, a private parking lot, extra storage, and professional off-site management supporting the building’s day-to-day operations.

The building is generally suited to buyers looking for low-maintenance condo ownership in a quieter part of town, including second-home buyers, couples, and small households. Rentals are permitted, and the mix of one- and two-bedroom layouts can work well for occasional rental use, particularly for young couples or small families on a budget, with shorter 3- to 4-night stays noted as a beneficial approach. Ocean Princess has a more limited amenity scope, so buyer interest tends to center on location, practical ownership needs, and a simpler building format rather than extensive shared features.

Amenities at Ocean Princess

Ocean Princess in North Ocean City offers a focused set of essential on-site amenities that support straightforward condo ownership on the ocean block.

Amenities include:

• Private parking
• Extra storage

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Floor Plans and Unit Types

Ocean Princess offers a balanced mix of floor plans suited to a range of buyer preferences and common ownership needs.

Common unit types include:

• 1-Bedroom
• 2-Bedroom

Interior layouts, square footage, and finishes vary by unit, floor level, and ownership.

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Grant’s Local Insight on Ocean Princess

Located on the ocean block between 133rd and 134th Streets, Ocean Princess shares the same developer DNA as Le Lisa and Bay Princess, and it shows in the construction quality and layout choices.

The building offers solid masonry construction, elevators, ground floor storage lockers, and efficient floorplans that live well as second homes. Shaped like an L, there are 10 condos on each floor. Eight units on each floor are two-bedroom condos, and the remaining two of them are the smaller 1-bedroom condos. The 1-bedrooms are located on the elbow of the L in the -07 and -08 stacks.

Like Le Lisa, Ocean Princess isn’t trying to be something it’s not. It’s a dependable, well-located building that works for buyers who want beach proximity without unnecessary complexity. When expectations are aligned, it tends to be a very easy place to own.

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Who Ocean Princess Is Best Suited For

Ocean Princess is typically best suited for:

• Second-home buyers
• Couples or small households
• Value-oriented buyers prioritizing location over finishes
• Owners intending occasional rentals only

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Common Buyer Mistakes at Ocean Princess

Some of the most common mistakes buyers make when evaluating Ocean Princess include:

• Assuming parking is assigned to every unit
• Assuming nearby attractions operate year-round
• Assuming the building is quiet year-round
• Overlooking special assessments or reserve funding

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Rental and Investment Potential

Ocean Princess permits short-term rentals, and its overall rental potential is moderate. The building can work for occasional rental use, particularly for owners who want to offset ownership costs while also using the property themselves, though rental results will vary based on unit-specific factors, seasonality, and how a property is managed and offered.

Its ocean block location in North Ocean City, combined with a more limited amenity set and lower name recognition, tends to position rental interest around practicality and budget rather than broad destination appeal. The mix of one- and two-bedroom floor plans can fit young couples or small families on a budget, and being open to shorter 3- to 4-night stays may be beneficial, but buyers should still review current building rules, operating costs, and market conditions as part of their own due diligence.

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HOA Fees and Ownership Details

Homeowner association fees at Ocean Princess vary based on unit size and location. HOA fees generally contribute to building maintenance, amenity upkeep, insurance, management, and common area utilities.

Parking policies, pet rules, and rental guidelines should be reviewed during the contract process, as association policies may evolve over time.

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Ocean Princess Real Estate Market Trends

Ocean Princess tends to have a low level of market activity, which is generally consistent with a smaller mid-rise building with low name recognition in North Ocean City. Buyer interest is typically shaped by its ocean block location, straightforward ownership profile, and appeal to second-home buyers or location-driven buyers looking for a lower-maintenance condo option rather than an amenity-heavy building.

Within the building, buyer evaluation is likely to center on practical differences such as unit type and overall layout, since the floor plan mix is moderate and limited to one- and two-bedroom condos. Buyers also tend to weigh the building’s limited amenity scope, elevator access, parking, and overall ownership fit when comparing available units, with pricing differences more likely tied to those property-specific factors than to broad building-wide variability.

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Ocean Princess vs Nearby Condos

Ocean Princess lives in the same conversation as Le Lisa and Silver Sun, and rightly so. Same developer lineage, similar construction philosophy. Angel Fish is so similar it might as well be a sister building. Sandy Square pulls in buyers who start thinking oceanfront rather than ocean block. Ocean Princess often lands in that sweet spot for buyers who want proximity to the beach, an elevator, storage, quality construction, affordability, and a building that just makes sense without being oversized or overcomplicated.

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Buying or Selling a Ocean Princess Property

Last reviewed by Grant Fritschle

Grant Fritschle is a second-generation Ocean City, Maryland real estate professional with nearly three decades of experience specializing in oceanfront, waterfront, and investment properties throughout Ocean City, MD and Fenwick Island, DE. He is known for his deep local knowledge, data informed guidance, and long term client relationships built on transparency and trust.

Last reviewed: March 2026

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