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Pending
    • $489,900

    15 42nd St Unit 1W, Ocean City, MD 21842

    3beds
    1,080sqft
    : 
    $3,646/mo
    Get pre-qualified
    Condominium
    Built in 1971
    -- sqft lot
    $478,800 Zestimate®
    $454/sqft
    $250/mo HOA

    What's special

    Washer and dryerCustom cabinetryClean modern coastal feelLow-maintenance ownershipStainless steel appliancesLuxury vinyl plank flooringDining table and chairs
    Look no further, this beautifully updated 3-bedroom, 2-bath ocean block condo offers the perfect blend of coastal comfort, modern updates, and strong rental potential. Ideally located just half a block from the beach, this midtown gem places you within easy reach of everything Ocean City has to offer. Step outside and enjoy quick access to the beach, or take a short walk to the Ocean City Convention Center, Boardwalk, amusement park, restaurants, grocery stores, and public transportation. Whether you're heading out for a morning coffee, an evening stroll, or a full day of entertainment, everything you need is right at your fingertips. Inside, the condo has been thoughtfully refreshed with numerous recent upgrades and a clean, modern coastal feel. Improvements include luxury vinyl plank flooring (2024), stove (2024), microwave (2025), washer and dryer (2025), new beds (2025), dining table and chairs (2025), and recliners (2026). The home is being sold fully furnished, making it truly turnkey and ready for immediate enjoyment or rental use. The open layout creates a comfortable flow for everyday living and entertaining, enhanced by durable finishes designed for beach living. Stainless steel appliances and custom cabinetry further elevate the kitchen space, while the overall design supports low-maintenance ownership. Two assigned parking spaces provide a rare and valuable convenience in this sought-after midtown location, ideal for both owners and guests. The property is currently enrolled in a rental management program and offers established rental income potential. 2026 rental reservations must be honored, providing immediate continuity for investors seeking a seamless, turnkey opportunity. Whether you're looking for a strong investment property, a vacation retreat, or a primary residence by the beach, this condo checks all the boxes. Don’t miss your chance to own in one of Ocean City’s most desirable locations, this one is truly move-in ready.
    30 days
    |
    1,347
    |
    68
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol Proctor 443-567-0650,

    Berkshire Hathaway HomeServices PenFed Realty 4105247000

    Source: Bright MLS,MLS#: MDWO2039552MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Basement
      • Area: 0
      Heating
      • Central, Electric
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Cooktop, Stainless Steel Appliance(s), Washer, Water Heater, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Bathroom - Tub Shower, Bathroom - Stall Shower, Bathroom - Walk-In Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Open Floorplan, Kitchen Island, Pantry, Primary Bath(s), Recessed Lighting, Dry Wall
      • Flooring: Ceramic Tile, Luxury Vinyl
      • Doors: Six Panel, Insulated
      • Windows: Casement, Double Hung, Low Emissivity Windows, Screens, Window Treatments
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,080
      • Total interior livable area: 1,080 sqft
      • Finished area above ground: 1,080
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Paved, Parking Lot
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting, Outdoor Shower
      • Pool features: None
      • Has view: Yes
      • View description: City
      • Waterfront features: Ocean
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410065631
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Coastal
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Concrete
      • Foundation: Block
      • Roof: Built-Up,Flat
      Condition
      • Excellent
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Cable

      Community & HOA

      Community
      • Condo and coop fee: $1,500 semi-annually
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • HOA name: Oceanwalk 42 / Barbara Frances
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $454/sqft
      • Tax assessed value: $324,000
      • Annual tax amount: $3,895
      • Date on market: 7/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,1031 Exchange,Cash
      • Inclusions: Fully Furnished
      • Exclusions: Personal
      • Ownership: Fee Simple

        Estimated market value

        $478,800

        $455,000 - $503,000

        $2,414/mo

        Price history

        DateEventPrice
        7/24/2026Pending sale$489,900$454/sqft
        Source: Bright MLS #MDWO2039552 Report a problem
        7/4/2026Listed for sale$489,900+42%$454/sqft
        Source: Bright MLS #MDWO2039552 Report a problem
        4/28/2023Listing removed--
        Source: Bright MLS #MDWO120006 Report a problem
        4/27/2021Sold$345,000$319/sqft
        Source: Public Record Report a problem
        4/6/2021Pending sale$345,000$319/sqft
        Source: Bright MLS #MDWO120006 Report a problem
        2/26/2021Contingent$345,000$319/sqft
        Source: Bright MLS #MDWO120006 Report a problem
        2/16/2021Listed for sale$345,000-1.4%$319/sqft
        Source: Bright MLS #MDWO120006 Report a problem
        2/8/2021Listing removed--
        Source: Bright MLS #MDWO120006 Report a problem
        2/5/2021Listed for sale$350,000+61.3%$324/sqft
        Source: Bright MLS #MDWO120006 Report a problem
        5/16/2014Sold$217,000-4.8%$201/sqft
        Source: Public Record Report a problem
        7/28/2013Price change$227,900-3%$211/sqft
        Source: Prudential PenFed Realty - OC #483732 Report a problem
        4/30/2013Listed for sale$234,900+213.2%$218/sqft
        Source: Prudential PenFed Realty #483732 Report a problem
        12/28/1998Sold$75,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,895 +13.7%$284,400 +16.2%
        2024$3,426 +18.5%$244,800 +19.3%
        2023$2,893 $205,200
        2022$2,893 -0.2%$205,200
        2021$2,899 $205,200
        2020$2,899 -0.7%$205,200
        2019$2,919 +0.7%$205,200
        2018$2,899 +0%$205,200
        2017$2,897 +242.7%$205,200 +4.6%
        2016$845 $196,200 +4.8%
        2015$845 $187,200 +5.1%
        2014$845 $178,200
        2013-- $178,200
        2012-- $178,200 -17.9%
        2011-- $217,080
        2010-- $217,080
        2009-- $217,080 -20.2%
        2008-- $272,160 +23.3%
        2007-- $220,680 +30.4%
        2006-- $169,200 +43.7%
        2005-- $117,720 +18.7%
        2004-- $99,146 +23.1%
        2003-- $80,573 +30%
        2002-- $62,000
        2001-- $62,000
        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

        42 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ocean City
        • Middle: Stephen Decatur
        • 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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