This beautiful 1 bed 1 bath condo on 40th street is centrally located to almost everything; Seacrets, Macky's, Fager's Island and other local amenities. Less than one block to the sand, unit 114 is on the first floor of Coastal Point II and is awaiting your arrival. With an amazing rental history, updated cabinetry, updated spa like bathroom shower, stylish decor, updated LVP flooring, this home is move in ready. Relax on hot beach days or watch bayside sunsets from the front balcony. Perfect location for car shows, directly across the street from the convention center, and an abundance of free parking. Condo is being sold fully furnished and will transfer all bath towels and bed linens to the next owner. Generating approximately $21,000 gross yearly rental income (rented May-October) over the last 5 years, this is a great opportunity to make passive income or the perfect second home.
For sale
$260,000
4000 Coastal Hwy Unit 114, Ocean City, MD 21842
1beds
616sqft
Condominium
Built in 1983
-- sqft lot
$-- Zestimate®
$422/sqft
$267/mo HOA
What's special
Stylish decorAbundance of free parkingUpdated lvp flooringUpdated cabinetry
- 10 days
- 675
- 27
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Eby 443-538-6512,
Corner House Realty (443) 499-3839
Source: Bright MLS,MLS#: MDWO2040592
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Other, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 616
- Total interior livable area: 616 sqft
- Finished area above ground: 616
- Finished area below ground: 0
Property
Parking
- 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: 2410230020
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Mixed
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $800 quarterly
- Subdivision: Ocean's Point
HOA
- Has HOA: No
- Amenities included: None
- Services included: Common Area Maintenance, Insurance, Management, Reserve Funds
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $422/sqft
- Tax assessed value: $206,300
- Annual tax amount: $2,426
- Date on market: 8/21/2026
- Listing agreement: Exclusive Agency
- Ownership: Condominium
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $260,000+48.7%$422/sqft |
Source:  Bright MLS #MDWO2040592 Report a problem | ||
| 2/5/2021 | Sold | $174,900-2.8%$284/sqft |
Source: Public Record Report a problem | ||
| 11/15/2020 | Pending sale | $179,900+28.5%$292/sqft |
Source: KELLER WILLIAMS REALTY #MDWO118276 Report a problem | ||
| 11/13/2020 | Sold | $140,000-22.2%$227/sqft |
Source: Public Record Report a problem | ||
| 11/6/2020 | Listed for sale | $179,900+28.5%$292/sqft |
Source: KELLER WILLIAMS REALTY #MDWO118276 Report a problem | ||
| 2/7/2019 | Listing removed | $140,000$227/sqft |
Source: Keller Williams Realty Flagship of Maryland #MDWO102040 Report a problem | ||
| 1/14/2019 | Listed for sale | $140,000+1020%$227/sqft |
Source: Keller Williams Flagship of Maryland #MDWO102040 Report a problem | ||
| 4/26/2017 | Sold | $12,500-90.5%$20/sqft |
Source: Public Record Report a problem | ||
| 3/14/2017 | Pending sale | $130,900$213/sqft |
Source: Condominium Realty, LTD #506850 Report a problem | ||
| 1/25/2017 | Price change | $130,900-7.8%$213/sqft |
Source: Condominium Realty, LTD #506850 Report a problem | ||
| 10/17/2016 | Listed for sale | $141,900+5.2%$230/sqft |
Source: Condominium Realty, LTD #506850 Report a problem | ||
| 4/26/2016 | Listing removed | $134,900$219/sqft |
Source: Condominium Realty, LTD #495708 Report a problem | ||
| 12/1/2015 | Listed for sale | $134,900$219/sqft |
Source: Condominium Realty, LTD #495708 Report a problem | ||
| 4/9/2015 | Listing removed | $134,900$219/sqft |
Source: Condominium Realty LTD #495708 Report a problem | ||
| 3/16/2015 | Listed for sale | $134,900-25.1%$219/sqft |
Source: Condominium Realty LTD #495708 Report a problem | ||
| 11/22/2006 | Sold | $180,000$292/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,426 +17.1% | $177,133 +19.7% |
| 2024 | $2,071 +23.7% | $147,967 +24.6% |
| 2023 | $1,675 | $118,800 |
| 2022 | $1,675 -0.2% | $118,800 |
| 2021 | $1,679 | $118,800 |
| 2020 | $1,679 +2% | $118,800 |
| 2019 | $1,646 +3.4% | $118,800 +5.4% |
| 2018 | $1,592 +2.8% | $112,667 +2.8% |
| 2017 | $1,548 -4.4% | $109,600 +0.6% |
| 2016 | $1,619 | $109,000 +0.6% |
| 2015 | $1,619 | $108,400 +0.6% |
| 2014 | $1,619 | $107,800 |
| 2013 | -- | $107,800 |
| 2012 | -- | $107,800 -20.1% |
| 2011 | -- | $134,900 |
| 2010 | -- | $134,900 |
| 2009 | -- | $134,900 -24% |
| 2008 | -- | $177,400 +19.8% |
| 2007 | -- | $148,040 +24.7% |
| 2006 | -- | $118,680 +32.9% |
| 2005 | -- | $89,320 +16.2% |
| 2004 | -- | $76,880 +19.3% |
| 2003 | -- | $64,440 +23.9% |
| 2002 | -- | $52,000 +1.3% |
| 2001 | -- | $51,332 |
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: Midtown
Nearby schools
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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