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For sale
  • Price cut: $24K (5/29)
    $375,000

    11 40th St #2, Ocean City, MD 21842

    2beds
    780sqft
    : 
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    Condominium
    Built in 1959
    -- sqft lot
    $359,600 Zestimate®
    $481/sqft
    $189/mo HOA

    What's special

    Top floor
    40TH Street-Top floor with Private & Large Balcony, Ocean views & walk to Convention Center , less than 1 block to beach! Recently Renovated inside with Modern Touches, Central A/C & Heat! Rental income over $30,000 annually! This is a great Family investment or Rental Investment! Close to many area attractions including Seacrets and many other popular restaurants. Bus stop is steps away to North OC or Boardwalk fun! Great Opportunity to own in Midtown-Ocean Block Unit!
    78 days
    |
    386
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mrs. Kimberly M Dixson 443-373-1328,

    Coldwell Banker Realty 4102638686,

    Co-Listing Agent: John W Dixson 443-822-9804,

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: MDWO2038126MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Basement
      • Area: 0
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Cooktop, Stainless Steel Appliance(s), Refrigerator, Oven/Range - Gas, Microwave, Electric Water Heater
      • Laundry: None
      Features
      • Kitchen - Table Space
      • Flooring: Luxury Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 780
      • Total interior livable area: 780 sqft
      • Finished area above ground: 780
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Free, Parking Space Conveys, Private, Public, Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony
      • Pool features: None
      • Has view: Yes
      • View description: Water, Ocean, Street
      • Has water view: Yes
      • Water view: Water,Ocean
      • Waterfront features: Oceanblock, Ocean
      • Body of water: Atlantic
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410238250
      • 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: $189 monthly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: None
      • Services included: Management
      • HOA name: Olympic
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $481/sqft
      • Tax assessed value: $167,700
      • Annual tax amount: $2,119
      • Date on market: 4/27/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Bank Portfolio,Other
      • Inclusions: Furniture
      • Ownership: Condominium
      • Total actual rent: 30000

        Estimated market value

        $359,600

        $342,000 - $378,000

        $1,840/mo

        Price history

        DateEventPrice
        5/29/2026Price change$375,000-6%$481/sqft
        Source: Bright MLS #MDWO2038126 Report a problem
        4/27/2026Listed for sale$399,000+195.6%$512/sqft
        Source: Bright MLS #MDWO2038126 Report a problem
        2/20/2015Sold$135,000-10%$173/sqft
        Source: Public Record Report a problem
        10/30/2014Price change$150,000-3.8%$192/sqft
        Source: ERA Martin Associates #491815 Report a problem
        9/4/2014Price change$156,000-5.4%$200/sqft
        Source: ERA Martin Associates #491815 Report a problem
        8/14/2014Price change$164,900-5.7%$211/sqft
        Source: ERA Martin Associates #491815 Report a problem
        7/18/2014Listed for sale$174,900$224/sqft
        Source: ERA Bill Martin and Assoc. Inc. #491815 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,983 +9.3%$141,700 +10.1%
        2023$1,814 $128,700
        2022$1,814 -0.2%$128,700
        2021$1,818 $128,700
        2020$1,818 -0.1%$128,700
        2019$1,820 +1.3%$128,700 +1.3%
        2018$1,795 +0.7%$127,100 +0.6%
        2017$1,783 -6.6%$126,300
        2016$1,909 $126,300
        2015$1,909 $126,300
        2014$1,909 $126,300
        2013-- $126,300
        2012-- $126,300 -20.6%
        2011-- $159,120
        2010-- $159,120
        2009-- $159,120 -20%
        2008-- $198,900 +25%
        2007-- $159,120 +33.3%
        2006-- $119,340 +50%
        2005-- $79,560 +13.6%
        2004-- $70,040 +15.7%
        2003-- $60,520 +18.7%
        2002-- $51,000
        2001-- $51,000
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Midtown

        Getting around

        45 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Stephen Decatur
        • 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.

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