Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with an additional loft offers both comfort and strong investment potential. Just a short walk from the Ocean City Convention Center and the beach, this property is perfect for Renter Investment and Family Investment This condo brought in over $40,000 in rental income last year, making it an excellent opportunity for investors. Inside, you’ll find a bright, open living space, complete with in-unit washer and dryer for added convenience. Relax on the shaded private patio perfect for escaping the summer heat after a day at the beach. The condo is also just minutes from popular restaurants, entertainment, and attractions, ensuring guests and owners always have something to enjoy. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!
For sale
Price cut: $20K (7/16)
$259,000
17 40th St APT C, Ocean City, MD 21842
1beds
481sqft
:
Get pre-qualified$1,981/mo
Condominium
Built in 1959
-- sqft lot
$-- Zestimate®
$538/sqft
$168/mo HOA
What's special
- 80 days |
- 490 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
The Davis Strategic Team Davis 410-677-0909,
Keller Williams Realty Delmarva (410) 524-6400,
Listing Team: The Davis Strategic Team, Co-Listing Agent: Erik Burch 410-253-7616,
Keller Williams Realty Delmarva
Source: Bright MLS,MLS#: MDWO2037364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Wall Unit, Electric
Cooling
- Ductless
Appliances
- Included: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
- Laundry: Has Laundry, In Unit
Features
- Flooring: Hardwood
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall,No One Above
Interior area
- Total structure area: 481
- Total interior livable area: 481 sqft
- Finished area above ground: 481
- 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
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410238080
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame
Condition
- Very Good
- New construction: No
- Year built: 1959
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $503 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: None
- Services included: Management, Reserve Funds, Insurance
- HOA name: Frick-rimel Accounting
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $538/sqft
- Tax assessed value: $134,600
- Annual tax amount: $1,712
- Date on market: 5/7/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Fully Furnished Unit
- Ownership: Condominium
- Total actual rent: 40000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $259,000-7.2%$538/sqft |
Source:  Bright MLS #MDWO2037364 Report a problem | ||
| 5/7/2026 | Listed for sale | $279,000$580/sqft |
Source: Bright MLS #MDWO2037364 Report a problem | ||
Public tax history
Tax history is unavailable.
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.
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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.
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