MONEY MAKER - $29K INCOME 2025 - Old Town Ocean City vibe — welcome to the Land of Pleasant Living in downtown Ocean City, Maryland. One of the finest locations in downtown bayside Ocean City, just a few blocks off the iconic Ocean City Boardwalk and beach. This property is perfectly situated next to the newly redeveloped downtown park, featuring walking trails, a playground, tennis courts, basketball courts, a skate park, and a scenic bayside boardwalk where you can fish, crab, or take in the sunset. Enjoy being within walking distance to many of Ocean City’s most established restaurants and bars. The unit features a brand-new covered porch that offers a peek of the bay, perfect for relaxing after a day on the Beach. This outstanding income-producing property also includes an outdoor swimming pool and parking. Whether you’re looking for a vacation getaway, Airbnb opportunity, or a smart investment, this property delivers. Professional photography coming soon. If you’re ready to get into the Ocean City market and want that cool, old-school coastal vibe — this is the one you’ve been waiting for.
For sale
Price cut: $30K (7/31)
$299,000
404 Saint Louis Ave #12, Ocean City, MD 21842
2beds
686sqft
:
Get pre-qualified$2,589/mo
Condominium
Built in 1940
-- sqft lot
$290,300 Zestimate®
$436/sqft
$516/mo HOA
What's special
Scenic bayside boardwalkSkate parkOutdoor swimming poolBasketball courtsTennis courtsWalking trails
- 110 days |
- 1,394 |
- 45 |
Zillow last checked:
Listing updated:
Listed by:
Ed Balcerzak JR. 443-497-4746,
Berkshire Hathaway HomeServices PenFed Realty-WOC 4105202600
Source: Bright MLS,MLS#: MDWO2037960
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Wall Unit, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 686
- Total interior livable area: 686 sqft
- Finished area above ground: 686
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Pool features: Community
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Bayblock
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410749239
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Coastal,Cottage
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stick Built
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2008
Utilities & green energy
- Sewer: Public Septic
- Water: Public
Community & HOA
Community
- Condo and coop fee: $1,547 quarterly
- Subdivision: Hitchens & Trimper
HOA
- Has HOA: No
- Amenities included: Pool
- Services included: Maintenance Grounds, Management, Pool(s), Water
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $436/sqft
- Tax assessed value: $192,000
- Annual tax amount: $2,232
- Date on market: 4/25/2026
- Listing agreement: Exclusive Agency
- Ownership: Condominium
- Total actual rent: 29000
Estimated market value
$290,300
$276,000 - $305,000
$1,859/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $299,000-9.1%$436/sqft |
Source:  Bright MLS #MDWO2037960 Report a problem | ||
| 6/19/2026 | Price change | $329,000-13.4%$480/sqft |
Source: Bright MLS #MDWO2037960 Report a problem | ||
| 5/8/2026 | Price change | $379,900-4.8%$554/sqft |
Source: Bright MLS #MDWO2037960 Report a problem | ||
| 4/28/2026 | Price change | $399,000-6.1%$582/sqft |
Source: Bright MLS #MDWO2037960 Report a problem | ||
| 4/25/2026 | Listed for sale | $425,000-3.2%$620/sqft |
Source: Bright MLS #MDWO2037960 Report a problem | ||
| 6/20/2008 | Listing removed | $439,000$640/sqft |
Source: Coldwell Banker** #417508 Report a problem | ||
| 5/11/2008 | Listed for sale | $439,000+72.2%$640/sqft |
Source: Coldwell Banker** #417508 Report a problem | ||
| 6/19/2006 | Sold | $255,000$372/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,232 +19.1% | $162,967 +21.7% |
| 2024 | $1,875 +26.8% | $133,933 +27.7% |
| 2023 | $1,479 | $104,900 |
| 2022 | $1,479 -0.2% | $104,900 |
| 2021 | $1,482 | $104,900 |
| 2020 | $1,482 -0.7% | $104,900 |
| 2019 | $1,492 +0.7% | $104,900 |
| 2018 | $1,482 -9.5% | $104,900 -9.5% |
| 2017 | $1,637 -15.8% | $115,900 |
| 2016 | $1,943 | $115,900 |
| 2015 | $1,943 | $115,900 -11.1% |
| 2014 | $1,943 | $130,300 |
| 2013 | -- | $130,300 |
| 2012 | -- | $130,300 -19.5% |
| 2011 | -- | $161,890 +7.1% |
| 2010 | -- | $151,142 +7.7% |
| 2009 | -- | $140,396 +8.3% |
| 2008 | -- | $129,650 +3.5% |
| 2007 | -- | $125,306 |
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: 5.7 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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