13 40Th Street # 7 Ocean City, MD $ 229,000
13 40Th Street # 7
$ 229,000
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13 40Th Street # 7

Ocean City, MD, 21842
$ 229,000
Bedrooms1 Baths1.0 Sq 416

Monthly Estimate*

$ 1,410

13 40Th Street # 7, Ocean City, MD 21842 - Image 1
13 40Th Street # 7, Ocean City, MD 21842 - Image 2
13 40Th Street # 7, Ocean City, MD 21842 - Image 3
13 40Th Street # 7, Ocean City, MD 21842 - Image 4
13 40Th Street # 7, Ocean City, MD 21842 - Image 5
13 40Th Street # 7, Ocean City, MD 21842 - Image 6
13 40Th Street # 7, Ocean City, MD 21842 - Image 7
13 40Th Street # 7, Ocean City, MD 21842 - Image 8

Condo for sale in Ocean City, MD

for $229,000 with 1 bedroom and 1 full bath. This 416 square foot condo was built in 1959.

Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with offers comfort and strong investment potential. Just a short walk from the Ocean City Convention Center and the beach, this property is perfect for Renter Investment and Family Investment! Central A/C and Heat. Close to main entertainment attractions! This condo brought in over $20,000 in rental income last year, making it an excellent opportunity for investors. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!

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Condo Active

Price

$ 229,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 1,481

Style

Unit/Flat

Year Built

1959

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2037466

Features
General
Living Area 416
Sewer Public Sewer
Heating Hot Water & Baseboard - Electric
Cooling Central A/C
Possession Settlement
Appliances Built-In Microwave Dishwasher Oven/Range - Gas Refrigerator
Zoning R-3
Association Fee Includes Insurance Management Reserve Funds
Architectural Style Unit/Flat
Construction Materials Other
School District WORCESTER COUNTY PUBLIC SCHOOLS
Year Built 1959
Levels 2
Unit Number 7
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Olympic
Accessibility Other
HOA Fee 2 393.75
County WORCESTER
New Construction N
Property Type Residential
Association Amenities None
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions Located across from the Ocean City Convention Center
City OCEAN CITY
Senior Community Y/N N
MLS Area Ocean Block (82)
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 1481.0
Structure Type Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 550.48
Lease Considered Y/N N
Vacation Rental Y/N Y
Standard Status Active
Year Built Source Assessor
Legal Subdivision OLYMPIC CONDO
Tax Lot 7
Total Actual Rent 20000.00
Association Recreation Fee N
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Interior
Heating Fuel Natural Gas
Hot Water Instant Hot Water
Common Walls 1 Common Wall No One Above 1 Common Wall No One Above
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 416
Central Air Y/N Y
Total Bedrooms 1
Below Grade Finished Area 0
Entry Level 2
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Laundry Type Shared
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Pool No Pool
Water Source Public
Inclusions Fully Furnished Unit
Type of Parking Parking Lot
Spa N
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Water Body Type Ocean
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 13
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* Excluded Features
List By
Keller Williams Realty Delmarva

Broker

bretdavis@kw.com

Email

Affordability Calculator

$1,533
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$123
Monthly Home Insurance
--
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
3534738 Elementary School
3535750 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$229,000 Listed Price

Map


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13 40Th Street # 7, Ocean City, MD, 21842 is a Condo for sale at $229,000 with 416 sqft. 13 40Th Street # 7 has 1 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 21842 which is in Ocean City, MD