The weather and climate over the coastal regions have received increasing attention because of substantial population growth, the rising sea level, and extreme weather. Satellite remote sensing provides global precipitation estimates (including coastal land/ocean). While these datasets have been extensively evaluated over land, they have rarely been assessed over coastal ocean. As precipitation radars cover both coastal land and ocean, we used the Multi-Radar/Multi-Sensor System (MRMS) gauge-corrected precipitation product from 2018 to 2020 to evaluate three widely used satellite-based precipitation products over the U.S. coastal land versus the ocean (and the water over the Great Lakes). These products included the Integrated Multi-satellite Retrievals for GPM (IMERG), Precipitation Estimation from Remotely Sensed Information using Artificial Neural Networks (PERSIANN), and Climate Prediction Center Morphing technique (CMORPH). The MRMS data showed a precipitation climatology difference between the coastal land and the ocean that was higher in the winter and lower in the summer and autumn. IMERG and CMORPH performed best over land and water, respectively, while PERSIANN was the most consistent in its performance over land versus water. Heavy precipitation was overestimated by the three products, with larger overestimates over water than over land. These results were not affected by the MRMS uncertainties due to the gauge correction or by the use of different versions.