405 Philadelphia Avenue # 26 Ocean City, MD $ 749,900
405 Philadelphia Avenue # 26
$ 749,900
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405 Philadelphia Avenue # 26

Ocean City, MD, 21842
$ 749,900
Bedrooms3 Baths2.0 Sq 2,080

Monthly Estimate*

$ 4,735

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Single Family Home for sale in Ocean City, MD

for $749,900 with 3 bedrooms and 2 full baths. This 2,080 square foot home was built in 1940.

This beautifully renovated 3-bedroom, 2-bath single-family home is ideally located on 5th Street in the heart of downtown Ocean City. Completely remodeled in 2018, including fixtures, appliances, and major systems, the home also features an encapsulated crawl space, is offered fully furnished, and includes access to a community pool. With approximately $80,000 in gross annual rental income, this turnkey property offers excellent investment potential while also making a perfect coastal getaway. Enjoy a prime location close to the beach, Boardwalk, dining, shopping, and entertainment, with everything Ocean City has to offer just minutes away. Don't miss out on this amazing opportunity!

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Single Family Coming Soon

Price

$ 749,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 5,237

Style

Coastal

Year Built

1940

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2040626

Features
General
Living Area 2080
Sewer Public Sewer
Heating Central
Cooling Central A/C Ductless/Mini-Split
Utilities Cable TV
Possession Settlement
Roof Architectural Shingle
Appliances Built-In Microwave Dishwasher Dryer - Electric Icemaker Microwave
Zoning R
HOA Fee 2191.00
Association Fee Includes Common Area Maintenance Trash Water Parking Fee Management Lawn Maintenance Pool(s)
Architectural Style Coastal
Security Features 24 hour security
Construction Materials Vinyl Siding
School District WORCESTER COUNTY PUBLIC SCHOOLS
Exclusions Personal Items
Year Built 1940
Levels 2
Other Fees 841.00
Unit Number 26
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Building Name Parrot Bay
Accessibility Level Entry - Main
Assoc Fee Paid Per Quarterly
County WORCESTER
New Construction N
Property Type Residential
HOA Y
Subdivision Name NONE AVAILABLE
Facing Direction East
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status COMING SOON
Directions From 90 Bridge - Right into Parrot Bay Community before Mitchell's Market - House is Right on Coastal Highway next to Mitchell's Market
City OCEAN CITY
Disclosures Agent has Financial Interest
Other Fees Frequency Quarterly
Association Name PELICAN PROPERTY MGMT
Senior Community Y/N N
MLS Area Bayside Interior (83)
Lot Size Units Square Feet
Lot Size Square Feet 1.00
Tax Annual Amount 5237.0
Home Warranty Y/N N
Property Condition Very Good
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 360.53
Acceptable Financing Cash Conventional
Community Pool Features Fenced In Ground
Vacation Rental Y/N Y
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision PARROT BAY CONDO
Tax Lot 26
Total Actual Rent 75000.00
Association Recreation Fee N
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Interior
Interior Amenities Bathroom - Tub Shower Bathroom - Walk-In Shower Ceiling Fan(s) Dining Area Kitchen - Eat-In Recessed Lighting
Heating Fuel Electric
Flooring Vinyl
Hot Water Electric
Total Stories 2
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2080
Central Air Y/N Y
Total Bedrooms 3
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 3
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
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Exterior
Exterior Amenities Exterior Lighting
Pool Yes - Community
Parking Features Assigned
Water Source Public
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.00
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Era Martin Associates, Shamrock Division

Broker

brittani.phillips@era.com

Email

Affordability Calculator

$5,171
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,735
Monthly Property Taxes
$436
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
3536051 Elementary School
3533416 Middle School
Stephen Decatur High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2026$749,900 Listed Price

Map


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405 Philadelphia Avenue # 26, Ocean City, MD, 21842 is a Single Family Home for sale at $749,900 with 2,080 sqft. 405 Philadelphia Avenue # 26 has 3 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 21842 which is in Ocean City, MD