11 40Th Street # 1 Ocean City, MD ^$ 525,000

11 40Th Street # 1

^$ 525,000

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11 40Th Street # 1

Ocean City, MD, 21842

^$ 525,000

Bedrooms4 Baths2.0 Sq 1,010

Monthly Estimate*

^$ 3,233

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Condo for sale in Ocean City, MD

for $525,000 with 4 bedrooms and 2 full baths. This 1,010 square foot condo was built in 1959.

Completely Renovated Olympic Condo- Vintage Ocean City on Ocean Block - Located at 40th Street where all the action is! Investor Alert- Ready for Spring Season 50K Income! Rare opportunity to own 4 bedroom on Ocean Block, Beautiful and Spacious Interior with Washer & Dryer. Central Heat and A/C. Walk to Convention Center across the street , walk to other local tourist attractions! Great Potential Year Round 50k Rental Income , High Season Strong Occupancy! These units Have Strong popularity for location and Nostalgic OC Charm! People love these units! Dont miss this opportunity and there are 3 others that we have for sale if someone is looking for multiple Rentals in one location!

Condo Active

Price

^$ 525,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 2,508

Style

Coastal

Year Built

1959

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2037916

Features

General

Living Area 1010

Sewer Public Sewer

Heating Central

Cooling Central A/C

Possession Immediate

Zoning R-3

Association Fee Includes Common Area Maintenance

Architectural Style Coastal

Construction Materials Vinyl Siding

School District WORCESTER COUNTY PUBLIC SCHOOLS

Year Built 1959

Levels 1

Unit Number 1

Tax Year 2025

Ownership Condominium

Cool Fuel Electric

Municipality Ocean City

Building Name Olympic

Accessibility None

HOA Fee 2 189.58

County WORCESTER

New Construction N

Property Type Residential

Association Amenities Other

HOA N

Subdivision Name NONE AVAILABLE

Garage Y/N N

Water Access Y/N Y

Other Structures Above Grade Below Grade

Full Baths 2

Status ACTIVE

Directions GPS is best

City OCEAN CITY

Body of Water Atlantic

Senior Community Y/N N

MLS Area Ocean Block (82)

HOA Fee 2 Frequency Monthly

Tax Annual Amount 2508.0

Home Warranty Y/N N

Property Condition Good

Structure Type Unit/Flat/Apartment

Condo/Coop Association fee Y/N Y

Bathrooms Full Main Level 2

Bathrooms Count Main Level 2.00

Price Per Sq Ft Total AG 519.8

Acceptable Financing Bank Portfolio Cash

Vacation Rental Y/N Y

Standard Status Active

Year Built Source Assessor

Tax Lot 1

Interior

Heating Fuel Electric

Flooring Luxury Vinyl Plank

Hot Water Electric

Basement (Y/N) N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1010

Central Air Y/N Y

Total Bedrooms 4

Below Grade Finished Area 0

Entry Level 2

Main Level Bedrooms 4

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

Exterior

Pool No Pool

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Lot Dimensions 0.00 x 0.00

Water Body Type Ocean

Waterfront Y/N N

Water Access Features Public Access Public Beach

Land Assessed Value 0.00

Navigable Water Y/N Y

Water Oriented Y/N Y

Internal Only

Street Number 1 11

* Excluded Features

List By

Coldwell Banker Realty

Broker

jay.dixson@cbrealty.com

Affordability Calculator

$3,442

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $209
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Ocean City, MD

Average List Price ^$500,581

Percent of Sale Price 5%

About Ocean City, MD

7,846 Population

-23% Since 2002

^$59,005 Median Income

50.85 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3534738 Elementary School

3535750 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/27/2026	$525,000		Listed Price

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11 40Th Street # 1, Ocean City, MD, 21842 is a Condo for sale at $525,000 with 1,010 sqft. 11 40Th Street # 1 has 4 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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11 40Th Street # 1

Condo for sale in Ocean City, MD

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