15 40Th Street # 12 Ocean City, MD $ 399,000
15 40Th Street # 12
$ 399,000
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15 40Th Street # 12

Ocean City, MD, 21842
$ 399,000
Bedrooms2 Baths1.0 Sq 728

Monthly Estimate*

$ 2,457

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Condo for sale in Ocean City, MD

for $399,000 with 2 bedrooms and 1 full bath. This 728 square foot condo was built in 1959.

Supplemental Income ready to be earned for 2026! . This unit rents really well on the interior is completely redone. Bring your best offer as this is a Charming and updated Investment (or 2nd Home) condo located on 40th and Ocean Block. Private parking, walk to many attractions including OC Convention Center, Seacrets, Fagers Island and many more popular restaurants! Enjoy the beach just steps away or rent out with potential earnings of $40k+! This home is fully furnished with Central Air and LOW Condo fees with no assessments! Lower Level with Huge Porch and Ocean Breezes, convenient 1 Assigned Parking Spaces. Low maintenance & Ready for Move in or rental occupancy! This is a great Investment opportunity!

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Condo Active

Price

$ 399,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 1,944

Style

Coastal

Year Built

1959

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2035978

Features
General
Living Area 728
Sewer Public Sewer
Heating Other
Cooling Central A/C
Utilities Cable TV Available Phone Available
Possession Immediate Negotiable Settlement
Roof Asphalt
Appliances Built-In Microwave
Zoning R-3
Association Fee Includes None
Architectural Style Coastal
Construction Materials Frame Stick Built Vinyl Siding
School District Worcester County Public Schools
Year Built 1959
Levels 1
Unit Number 12
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Building Name Olympic
Accessibility None
HOA Fee 2 189.58
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 Y
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions GPS IS BEST
City OCEAN CITY
Body of Water Atlantic Ocean
Senior Community Y/N N
MLS Area Ocean Block (82)
HOA Fee 2 Frequency Monthly
Tax Annual Amount 1944.0
Home Warranty Y/N N
Property Condition Very Good
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 548.08
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Association Recreation Fee N
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 728
Central Air Y/N Y
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 2
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 1
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Exterior
Pool No Pool
Parking Features Asphalt Driveway Paved Parking Private
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Water Body Type Ocean
Waterfront Y/N N
Navigable Water Y/N Y
Water Oriented Y/N Y
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Internal Only
Street Number 1 15
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* Excluded Features
List By
Coldwell Banker Realty

Broker

kim.dixson@cbrealty.com

Email

Affordability Calculator

$2,619
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$162
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
1/29/2026$399,000 Listed Price

Map


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15 40Th Street # 12, Ocean City, MD, 21842 is a Condo for sale at $399,000 with 728 sqft. 15 40Th Street # 12 has 2 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 21842 which is in Ocean City, MD