Pyramid Condos

Verified Building Facts

• Building Name: Pyramid
• Address: 9500 Coastal Highway, Ocean City, MD 21842
• Location Type: Oceanfront
• Location Type: North Ocean City
• Year Built: 1975
• Building Type: High-rise
• Number of Units: 169
• 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 Pyramid

Pyramid is a 20-story high-rise condominium building in North Ocean City, located at 9500 Coastal Highway on 95th Street. Built in 1975, it is part of the earlier generation of oceanfront high-rise buildings in this stretch of Ocean City, and it contains 169 condo units served by elevator access. Floor plan offerings are centered around 1-bedroom and 2-bedroom unit types, providing a moderate level of variety without a wide mix of layouts.

The building is professionally managed with on-site operations and maintains a limited amenity scope, including features such as an outdoor pool and security. Its distinctive V-like structure stands out visually, but the design can create higher density and reduced privacy for some units. Pyramid is permitted for short-term rentals and is commonly used for a mix of second-home ownership and part-time personal use alongside rental use, with an oceanfront setting that supports water views and direct beach access.

Amenities at Pyramid

Pyramid offers a focused set of essential on-site amenities for a high-rise oceanfront building in North Ocean City.

Amenities include:

• Outdoor pool
• Security

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Floor Plans and Unit Types

Pyramid offers a balanced mix of floor plans suited to a range of buyer preferences.

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 Pyramid

Pyramid is one of the most distinctive buildings on the Ocean City skyline. The architecture alone makes it memorable.

Fun Fact: It was originally planned as the first of several similarly designed buildings, though only one was ultimately built. The V-shaped design is similar to Sea Watch but oriented in the opposite direction, allowing every unit to capture an ocean view.

Here’s the honest tradeoff: Because of the inward-facing V, some units can look across the interior directly onto other residences’ balconies.

Pyramid works best for buyers who prioritize views and unique design over seclusion. When expectations are set correctly, it can be a very enjoyable place to own.

Fun Fact: Did you know that the Penthouse condo in this building was once owned by Frank and Mitzi Perdue, who used the condo as a place to host business guests? The impeccably designed condo featured a baby-grand piano in the foyer, lavishly upholstered bedrooms, and a Disney-Imagineer inspired “Cave Room” with built in special effects. It was a real showstopper!

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Who Pyramid Is Best Suited For

Pyramid is typically best suited for:

• Second-home buyers
• Vacation-rental investors
• Part-time owner / part-time rental owners
• Couples or small households
• Buyers prioritizing oceanfront or water views
• Owners planning short-term rentals

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Common Buyer Mistakes at Pyramid

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

• Assuming rental income is consistent across all units
• Not accounting for seasonal rental variability
• Assuming it functions like a full-service resort
• Not considering building size and density
• Underestimating traffic or seasonal congestion

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Rental and Investment Potential

Pyramid permits short-term rentals, and the building is commonly used for a mix of personal ownership and rental stays in North Ocean City. With an oceanfront setting and strong rental potential noted for the property, rental demand is generally tied to seasonal patterns and the specifics of each unit’s location, view, and management approach, rather than being consistent across all condos.

The building’s direct oceanfront location, limited but functional on-site amenities, and high name recognition support its role as a rental-friendly high-rise. The Pyramid is often considered a leading vacation-rental building due to its oceanfront views and positioning, but it does not operate like a full-service resort, so buyers typically benefit from reviewing policies, fees, and rental-management details as part of their evaluation.

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HOA Fees and Ownership Details

Homeowner association fees at Pyramid 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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Pyramid Real Estate Market Trends

Pyramid is a high-rise oceanfront building in North Ocean City with high market activity and strong recognition among Ocean City condominium buyers. Its location on the beach and its building scale tend to attract location-driven and view-oriented buyers, including second-home purchasers and those looking for a rental-friendly condominium structure. With a limited amenity scope, demand is typically centered on oceanfront positioning and the overall profile of the building rather than an extensive on-site package.

Within Pyramid, resale pricing and turnover commonly vary based on factors such as view orientation, floor level, unit size, and overall condition, along with how well a layout fits a buyer’s needs given the building’s moderate floor plan variety. Buyers often compare units by considering exposure to ocean views, the functionality of 1-bedroom versus 2-bedroom configurations, and the trade-offs that can come with a larger, denser high-rise environment. As with most condominium buildings, individual unit characteristics and building policies tend to shape how a specific unit is evaluated within the broader building market.

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Pyramid vs Nearby Condos

Pyramid almost always gets compared to Sea Watch because of the V-shaped design. Sea Watch brings heavier amenities and scale. Atlantis enters when buyers are comparing unconventional exterior personality. Century I comes up when someone wants something architecturally different altogether. Pyramid tends to win with buyers who appreciate that dramatic ocean-view geometry but don’t necessarily need every amenity under the sun.

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Buying or Selling a Pyramid 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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