5405 Coastal Highway # 307 Ocean City, MD $ 399,000
5405 Coastal Highway # 307
$ 399,000
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5405 Coastal Highway # 307

Ocean City, MD, 21842
$ 399,000
Bedrooms2 Baths2.0 Sq 1,023

Monthly Estimate*

$ 2,519

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Condo for sale in Ocean City, MD

for $399,000 with 2 bedrooms and 2 full baths. This 1,023 square foot condo was built in 2003.

What does $399,000 buy you in Ocean City these days? That's actually a pretty good question. In this case (at Sunset Bay #307), it gets you a fully furnished, updated 2-bedroom, 2-bath condo in a bayfront Midtown community with an elevator, pool, fitness center, waterfront access, on-site parking, an oversized private balcony, and a location where leaving the car parked for your entire stay is actually realistic. That's a lot of Ocean City for under $400K. Located bayside at 54th Street, Sunset Bay sits in one of those Midtown locations that becomes more convenient the longer you own here. The beach is only a few minutes away, Route 90 makes getting on and off the island considerably easier, and you're surrounded by restaurants, entertainment, shopping, watersports, and plenty of reasons to leave the car exactly where you parked it. Inside, #307 has already received the updates most buyers are looking for. Wood-style LVP flooring runs throughout, while the kitchen features granite countertops and a tiled backsplash. The interior was professionally designed to feel cohesive and comfortable without becoming overly "beachy" (you know exactly what we're talking about), and the condo is being sold fully furnished. Then there's the balcony. It's oversized, private, and most importantly, actually useful. There's enough room to sit outside, spread out, have dinner, read a book, or enjoy a drink after the beach without rearranging furniture every time someone needs to walk past. Sometimes square footage outside the condo is almost as important as the square footage inside. Sunset Bay adds quite a bit to the equation. The bayfront community offers an outdoor pool and spa, fitness center, elevators, and a shared waterfront dock where owners and guests can launch kayaks or paddleboards, or spend some time crabbing. It's a nice reminder that even when you're not looking directly at the bay from your condo, you're still buying into a community that sits directly on it. And 54th Street might be one of the better case-studies for 'why to buy in Midtown Ocean City'. Walk to the beach. Walk to Fager's Island, Bad Monkey, Alley Oops, Seacrets, and plenty of other restaurants and entertainment nearby. The Convention Center and Jolly Roger aren't far away either, while the Route 90 Bridge gives you one of the most convenient entry and exit points in Ocean City. #307 has previously been rented and has everything you'd expect from a property capable of returning to a vacation-rental program: two bedrooms, two full baths, a furnished and updated interior, usable outdoor space, a pool, elevator, on-site parking, beach access nearby, and a location surrounded by things vacationers already want to do. So let's go back to the original question......What does $399,000 buy you in Ocean City? In this case, it's a LOT MORE than you might expect. An updated and fully furnished 2-bedroom condo. An established bayfront community. Pool. Fitness center. Waterfront access. Elevator. Oversized balcony. On-site parking. A walkable Midtown location. The beach nearby. And legitimate rental potential if that's part of your plan. It's the combination that makes this property so appealing.

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Condo Active

Price

$ 399,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 4,506

Style

Unit/Flat

Year Built

2003

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2040634

Features
General
Living Area 1023
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Roof Built-Up Flat
Appliances Built-In Microwave Dishwasher Dryer Exhaust Fan Freezer Oven/Range - Electric Refrigerator Washer
Zoning C-1
Association Fee Includes Common Area Maintenance Ext Bldg Maint Insurance Management Pier/Dock Maintenance Pool(s) Trash
Patio/Porch Features Balconies- Multiple
Architectural Style Unit/Flat
Construction Materials Stucco
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions See Inventory Addendum
Year Built 2003
Levels 1
Unit Number 307
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Municipality Ocean City
Building Name Sunset Bay
Accessibility None
HOA Fee 2 2032.00
County WORCESTER
New Construction N
Property Type Residential
Association Amenities Elevator Exercise Room Pier/Dock Pool - Outdoor Swimming Pool
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions COASTAL HWY ON BAYSIDE BETWEEN MACKEYS AND BEST WESTERN
City OCEAN CITY
Disclosures Prop Disclaimer
Senior Community Y/N N
MLS Area Bayside Interior (83)
HOA Fee 2 Frequency Quarterly
Tax Annual Amount 4506.0
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 390.03
Community Pool Features Fenced In Ground
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision SUNSET BAY CONDO
Tax Lot 307
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Interior
Interior Amenities Bathroom - Soaking Tub Bathroom - Stall Shower Carpet Ceiling Fan(s) Combination Dining/Living Crown Moldings Kitchen - Gourmet Pantry Upgraded Countertops Window Treatments
Heating Fuel Electric
Flooring Vinyl
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Window Features Double Pane Insulated Screens
Fireplace Y/N Y
Above Grade Finished Area 1023
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 3
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Outside Shower
Pool Yes - Community
Parking Features Assigned Paved Driveway Private
Water Source Public
Inclusions See Inventory Addendum
Type of Parking Parking Lot
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Waterfront Y/N N
Door Features Sliding Glass
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5405
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* Excluded Features
List By
Keller Williams Realty Delmarva

Broker

grant@grantf.com

Email

Affordability Calculator

$2,895
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,519
Monthly Property Taxes
$376
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/19/2026$399,000 Listed Price

Map


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5405 Coastal Highway # 307, Ocean City, MD, 21842 is a Condo for sale at $399,000 with 1,023 sqft. 5405 Coastal Highway # 307 has 2 bedrooms, 2.0 baths, and was built in 2003. The property's zip code is 21842 which is in Ocean City, MD