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!
For sale
Price cut: $20K (7/17)
$479,000
11 40th St #1, Ocean City, MD 21842
4beds
1,010sqft
Condominium
Built in 1959
-- sqft lot
$465,800 Zestimate®
$474/sqft
$190/mo HOA
What's special
- 84 days |
- 1,235 |
- 52 |
Zillow last checked:
Listing updated:
Listed by:
Mr. Jay W Dixson 443-822-9804,
Coldwell Banker Realty 4102638686,
Co-Listing Agent: Kimberly M Dixson 443-373-1328,
Coldwell Banker Realty
Source: Bright MLS,MLS#: MDWO2037916
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Flooring: Luxury Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,010
- Total interior livable area: 1,010 sqft
- Finished area above ground: 1,010
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Waterfront features: Public Access, Beach Access, Ocean
- Body of water: Atlantic
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410238269
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Good
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $190 monthly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Other
- Services included: Common Area Maintenance
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $202,000
- Annual tax amount: $2,508
- Date on market: 4/26/2026
- Listing agreement: Exclusive Agency
- Listing terms: Bank Portfolio,Cash
- Ownership: Condominium
Estimated market value
$465,800
$443,000 - $489,000
$1,533/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $479,000-4%$474/sqft |
Source:  Bright MLS #MDWO2037916 Report a problem | ||
| 5/29/2026 | Price change | $499,000-5%$494/sqft |
Source: Bright MLS #MDWO2037916 Report a problem | ||
| 4/27/2026 | Listed for sale | $525,000+244.3%$520/sqft |
Source: Bright MLS #MDWO2037916 Report a problem | ||
| 7/14/2015 | Sold | $152,500$151/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,508 +9.1% | $183,133 +11.5% |
| 2024 | $2,299 +12.2% | $164,267 +13% |
| 2023 | $2,050 | $145,400 |
| 2022 | $2,050 -0.2% | $145,400 |
| 2021 | $2,054 | $145,400 |
| 2020 | $2,054 -0.7% | $145,400 |
| 2019 | $2,068 +0.7% | $145,400 |
| 2018 | $2,054 -16.3% | $145,400 -16.3% |
| 2017 | $2,453 -5.4% | $173,700 |
| 2016 | $2,594 | $173,700 |
| 2015 | $2,594 | $173,700 |
| 2014 | $2,594 | $173,700 |
| 2013 | -- | $173,700 |
| 2012 | -- | $173,700 -19.6% |
| 2011 | -- | $216,140 |
| 2010 | -- | $216,140 |
| 2009 | -- | $216,140 -19.9% |
| 2008 | -- | $269,670 +25% |
| 2007 | -- | $215,802 +33.3% |
| 2006 | -- | $161,936 +49.8% |
| 2005 | -- | $108,070 +14.1% |
| 2004 | -- | $94,712 +16.4% |
| 2003 | -- | $81,356 +19.6% |
| 2002 | -- | $68,000 |
| 2001 | -- | $68,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 2.4 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 6.9 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 6.7 mi
Schools provided by the listing agent
- District: Worcester County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $355,0002 bd1 ba780 sqft11 40th St #2, Ocean City, MD 21842For Sale
- $199,9991 bd1 ba416 sqft13 40th St UNIT 7, Ocean City, MD 21842For Sale
- $244,9001 bd1 ba728 sqft15 40th St #13, Ocean City, MD 21842Off Market
- $261,500-- bd1 ba728 sqft15 40th St #14, Ocean City, MD 21842Off Market
- $257,700-- bd1 ba728 sqft15 40th St UNIT 11, Ocean City, MD 21842Off Market
- $189,7001 bd1 ba416 sqft13 40th St UNIT 3, Ocean City, MD 21842Off Market
- $208,1001 bd1 ba416 sqft13 40th St UNIT 5, Ocean City, MD 21842Off Market
- $194,0001 bd1 ba416 sqft13 40th St UNIT 6, Ocean City, MD 21842Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $489,9003 bd2 ba1k sqftOceanside 42, Ocean City, MD 21842For Sale
MLS ID #MDWO2039552, Carol Proctor, Berkshire Hathaway HomeServices PenFed Realty. Bright MLS - $480,0002 bd2 ba1k sqftSea Raider, Ocean City, MD 21842For Sale
MLS ID #MDWO2037748, Shawn Kotwica, Coldwell Banker Realty. Bright MLS - $550,0002 bd2 ba1k sqftSun Chaser, Ocean City, MD 21842For Sale
MLS ID #MDWO2039476, Chris Coughlan, RE/MAX One. Bright MLS - $490,0002 bd2 ba1k sqftSouth Shore, Ocean City, MD 21842For Sale
MLS ID #MDWO2039014, Grant Fritschle, Keller Williams Realty Delmarva. Bright MLS - $421,0002 bd2 ba1k sqftSea Raider, Ocean City, MD 21842For SaleMLS ID #MDWO2038088, Larry Pendleton, Rory S. Coakley Realty, Inc.. Bright MLS
- $499,9002 bd2 ba1.1k sqftQuay, Ocean City, MD 21842For SaleMLS ID #MDWO2036684, Larry Wachter, ExecuHome Realty. Bright MLS
- $499,9002 bd2 ba1.1k sqftQuay, Ocean City, MD 21842For SaleMLS ID #MDWO2036600, Bernie Alvey, Atlantic Sands Realty. Bright MLS
- $449,9002 bd2 ba1.1k sqftPark Place, Ocean City, MD 21842For SaleMLS ID #MDWO2035212, Liza Rice, Grand Elm. Bright MLS
- $565,0003 bd2 ba1.2k sqftNone Available, Ocean City, MD 21842For SaleMLS ID #MDWO2039438, Becky Buckland, Coldwell Banker Rowley Realtors. Bright MLS
- $463,0001 bd2 ba586 sqftWorcester House East, Ocean City, MD 21842For SaleMLS ID #MDWO2037532, Kara Hawkins, Engel & Volkers Ocean City. Bright MLS
- $349,9003 bd2 ba960 sqftWillows, Ocean City, MD 21842For SaleMLS ID #MDWO2036878, Lucas Milburn, Long & Foster Real Estate, Inc.. Bright MLS
- $335,0003 bd2 ba960 sqftWillows, Ocean City, MD 21842For SaleMLS ID #MDWO2036882, Lucas Milburn, Long & Foster Real Estate, Inc.. Bright MLS
- $349,0002 bd1 ba728 sqftOlympic, Ocean City, MD 21842For SaleMLS ID #MDWO2035978, Mrs. Kimberly M Dixson, Coldwell Banker Realty. Bright MLS
- $479,9002 bd2 ba1.4k sqftNone Available, Ocean City, MD 21842For SaleMLS ID #MDWO2038690, Scott Holdren, Larry Holdren Real Estate Inc. Bright MLS
- $244,9001 bd1 ba616 sqftOcean Point Ii, Ocean City, MD 21842For SaleMLS ID #MDWO2039684, Tony Golden, Berkshire Hathaway HomeServices PenFed Realty. Bright MLS
- $249,0001 bd1 ba616 sqftOcean Point Ii, Ocean City, MD 21842For SaleMLS ID #MDWO2039138, Erik Burch, Keller Williams Realty Delmarva. Bright MLS
- $405,0002 bd2 ba960 sqftSeaway, Ocean City, MD 21842For SaleMLS ID #MDWO2038616, Mrs. Kimberly M Dixson, Coldwell Banker Realty. Bright MLS
- $298,0002 bd1 ba792 sqftSummer Winds, Ocean City, MD 21842For SaleMLS ID #MDWO2039548, Stevey Mitchell, Tesla Realty Group LLC. Bright MLS
- $420,0002 bd2 ba972 sqftHideout, Ocean City, MD 21842For SaleMLS ID #MDWO2035192, Michael Kowalski, Long & Foster Real Estate, Inc.. Bright MLS
- $514,9903 bd2 ba1.3k sqftWaves, Ocean City, MD 21842For SaleMLS ID #MDWO2038112, Jamie Caine, Coldwell Banker Realty. Bright MLS
