Experience the best of Ocean City from this charming one-bedroom condominium in the heart of downtown. Fully furnished and move-in ready, it’s just three blocks from the beach and iconic Boardwalk, and only a block from Bayside Park—Ocean City’s premier waterfront recreation destination with a bayfront boardwalk, free fishing, playgrounds, and sports courts. Ocean City’s popular Skate Park is right next door. Perfectly positioned near all the action including Sunfest, Springfest and live concerts- this location attracts visitors in the shoulder months and extends the rental season and maximizes income potential. Tucked away in the quaint, Key West–inspired Parrot Bay community—yet mere steps from endless activities—this home is ideal as a vacation retreat or income-producing investment. Enjoy convenient off street parking - park your car and walk everywhere. Start your morning with coffee on the cozy front porch, spend the day on the beach, cool off in the community pool, then stroll to the bay for a breathtaking sunset. With the ocean, bay, attractions, dining, and entertainment all within walking distance, this location truly offers something for everyone. Affordable, inviting, and perfectly situated—schedule your tour today!
For sale
$214,900
205 5th St Unit 39, Ocean City, MD 21842
1beds
331sqft
Condominium
Built in 1940
-- sqft lot
$204,800 Zestimate®
$649/sqft
$186/mo HOA
What's special
Community poolCharming one-bedroom condominiumOff street parkingCozy front porch
- 133 days |
- 446 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Karen Staskey 443-944-4478,
Berkshire Hathaway HomeServices PenFed Realty-WOC 4105202600
Source: Bright MLS,MLS#: MDWO2036802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Oven/Range - Electric, Cooktop, Refrigerator, Microwave, Electric Water Heater
Features
- Bathroom - Stall Shower, Combination Dining/Living, Flat, Open Floorplan, Recessed Lighting
- Windows: Screens, Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 331
- Total interior livable area: 331 sqft
- Finished area above ground: 331
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: Community
Lot
- Size: 1 Square Feet
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410749530
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Bungalow
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stick Built, Shingle Siding
Condition
- Good
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Cable Connected
Community & HOA
Community
- Features: Pool
- Condo and coop fee: $559 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Pool
- Services included: Cable TV, Common Area Maintenance, Insurance, Management, Reserve Funds, Water, Pool(s)
- HOA name: Parrot Bay Condominium Association
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $649/sqft
- Tax assessed value: $137,300
- Annual tax amount: $1,548
- Date on market: 3/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Furniture, Tv's
- Ownership: Fee Simple
Estimated market value
$204,800
$195,000 - $215,000
$1,354/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $214,900-2.3%$649/sqft |
Source:  Bright MLS #MDWO2036802 Report a problem | ||
| 1/5/2026 | Listing removed | $219,900$664/sqft |
Source: Bright MLS #MDWO2032512 Report a problem | ||
| 11/12/2025 | Listed for sale | $219,900$664/sqft |
Source: Bright MLS #MDWO2032512 Report a problem | ||
| 10/21/2025 | Contingent | $219,900$664/sqft |
Source: Bright MLS #MDWO2032512 Report a problem | ||
| 10/15/2025 | Price change | $219,900-2.2%$664/sqft |
Source: Bright MLS #MDWO2032512 Report a problem | ||
| 8/18/2025 | Listed for sale | $224,900+104.5%$679/sqft |
Source: Bright MLS #MDWO2032512 Report a problem | ||
| 5/21/2019 | Sold | $110,000+7.3%$332/sqft |
Source: Public Record Report a problem | ||
| 6/29/2018 | Sold | $102,500$310/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,548 +24.6% | $113,033 +27.3% |
| 2024 | $1,242 +36.6% | $88,767 +37.6% |
| 2023 | $909 | $64,500 |
| 2022 | $909 -0.2% | $64,500 |
| 2021 | $911 | $64,500 |
| 2020 | $911 -0.2% | $64,500 |
| 2019 | $913 +1.2% | $64,500 +1% |
| 2018 | $902 +0.6% | $63,833 +0.5% |
| 2017 | $897 -46.6% | $63,500 |
| 2016 | $1,680 | $63,500 |
| 2015 | $1,680 | $63,500 -13% |
| 2014 | $1,680 | $73,000 |
| 2013 | -- | $73,000 |
| 2012 | -- | $73,000 -47.9% |
| 2011 | -- | $140,010 +7.2% |
| 2010 | -- | $130,630 +7.7% |
| 2009 | -- | $121,250 +8.4% |
| 2008 | -- | $111,870 +3.5% |
| 2007 | -- | $108,120 |
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: Boardwalk/Inlet
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 1.4 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 5.8 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 5.7 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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