NEW PRICE REDUCTION! Motivated seller—bring all offers and settle into your beach home just in time for the season! Welcome to this beautiful 3-bedroom condo in the heart of Downtown Ocean City, perfectly located on 5th Street. Just steps from the beach, Boardwalk, shopping, and top restaurants, this spacious retreat offers the ultimate blend of coastal comfort and convenience. Enjoy access to a refreshing outdoor pool and take advantage of the property’s strong rental history—making it an ideal investment or personal getaway. Don’t miss this opportunity to own a prime piece of Ocean City living at a newly reduced price!
Sold for $420,000
$420,000
205 5th St Unit 44, Ocean City, MD 21842
3beds
895sqft
Condominium
Built in 1940
-- sqft lot
$420,700 Zestimate®
$469/sqft
$2,349 Estimated rent
Home value
$420,700
$370,000 - $480,000
$2,349/mo
Zestimate® history
Owner options
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$2,349/mo
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$2,515/mo
Est. payment
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$2,515/mo
Est. payment
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Spacious retreat
Zillow last checked:
Listing updated:
Listed by:
Craig R. Lynch 443-497-1881,
Berkshire Hathaway HomeServices PenFed Realty - OP
Bought with:
Leslie Smith, 587753
Sheppard Realty Inc
Source: Bright MLS,MLS#: MDWO2030864
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Ductless, Electric
Appliances
- Included: Microwave, Oven/Range - Electric, Refrigerator, Dishwasher, Electric Water Heater
- Laundry: Shared
Features
- Dry Wall
- Flooring: Luxury Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 895
- Total interior livable area: 895 sqft
- Finished area above ground: 895
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Space Conveys, Off Street
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Pool features: Community
- Waterfront features: Bayblock
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410749581
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Bungalow
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & HOA
Community
- Features: Pool
- Condo and coop fee: $1,637 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Pool
- Services included: Cable TV, Common Area Maintenance, Internet, Laundry, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Maintenance Grounds, Pool(s), Reserve Funds, Trash
- HOA name: Parrot Bay
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $469/sqft
- Tax assessed value: $195,367
- Annual tax amount: $2,525
- Date on market: 5/27/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Sold | $420,000-8.7%$469/sqft |
Source:  Bright MLS #MDWO2030864 Report a problem | ||
| 4/2/2026 | Contingent | $460,000$514/sqft |
Source: Bright MLS #MDWO2030864 Report a problem | ||
| 3/24/2026 | Price change | $460,000-3.1%$514/sqft |
Source: Bright MLS #MDWO2030864 Report a problem | ||
| 1/1/2026 | Price change | $474,900-2.9%$531/sqft |
Source: Bright MLS #MDWO2030864 Report a problem | ||
| 5/27/2025 | Listed for sale | $489,000-0.2%$546/sqft |
Source: Bright MLS #MDWO2030864 Report a problem | ||
| 12/28/2023 | Sold | $490,000$547/sqft |
Source: Public Record Report a problem | ||
| 8/25/2023 | Sold | $490,000-1%$547/sqft |
Source: Bright MLS #MDWO2014018 Report a problem | ||
| 7/8/2023 | Contingent | $495,000$553/sqft |
Source: Bright MLS #MDWO2014018 Report a problem | ||
| 6/13/2023 | Listed for sale | $495,000+10%$553/sqft |
Source: Bright MLS #MDWO2014018 Report a problem | ||
| 5/28/2023 | Contingent | $450,000$503/sqft |
Source: Bright MLS #MDWO2014018 Report a problem | ||
| 5/17/2023 | Listed for sale | $450,000+109.3%$503/sqft |
Source: Bright MLS #MDWO2014018 Report a problem | ||
| 1/29/2021 | Sold | $215,000+19.4%$240/sqft |
Source: Public Record Report a problem | ||
| 9/8/2014 | Sold | $180,000$201/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,676 +6% | $195,367 +8.3% |
| 2024 | $2,525 +8.2% | $180,433 +9% |
| 2023 | $2,333 | $165,500 |
| 2022 | $2,333 -0.2% | $165,500 |
| 2021 | $2,338 | $165,500 |
| 2020 | $2,338 +10.5% | $165,500 |
| 2019 | $2,117 +13.4% | $165,500 +25.3% |
| 2018 | $1,866 +14.5% | $132,100 +14.5% |
| 2017 | $1,629 -18% | $115,400 |
| 2016 | $1,987 | $115,400 |
| 2015 | $1,987 | $115,400 -11.6% |
| 2014 | $1,987 | $130,600 |
| 2013 | -- | $130,600 |
| 2012 | -- | $130,600 -21.1% |
| 2011 | -- | $165,570 +7.1% |
| 2010 | -- | $154,532 +7.7% |
| 2009 | -- | $143,496 +8.3% |
| 2008 | -- | $132,460 +3.5% |
| 2007 | -- | $127,982 |
Find assessor info on the county website
Neighborhood: Boardwalk/Inlet
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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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$420,700
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- Maryland
- Worcester County
- Ocean City
- 21842
- Boardwalk/Inlet
- 205 5th St Unit 44
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