Wow- move fast! Big price adjustment on this beautiful waterfront renovated condo! The waterview down Butterfish Cove is one of the most impressive you'll find in town! Come see this adorable condo on 15th St. bayside! The beach and boardwalk are just two blocks away, and there's a boat slip that has an existing jetski floating dock in it. The condo is located on the first-floor, and has 2 bedroom/2 baths. It was fully (and tastefully) renovated in '21 and has so much to offer. Blue Lagoon is a smaller, 2-story, 10-unit complex located waterfront on Butterfish Cove and offers waterfront deck for outdoor enjoyment and sunsets. Inside the flooring is easy maintenance LVP throughout, the kitchen is bright and cheery with quartz counters, shiplap accents on the walls, and a convenient dry-bar area off kitchen. A laundry closet contains a full-size washer/dryer, and the unit offers energy-efficient mini-splits in every room! Being sold fully furnished, the condo has been a self managed rental on Airbnb in past years, but there are no rentals on the books for the upcoming summer season. One assigned parking spot in lot, but additional guest spot available first-come, first-serve. Located right next to the famous White Marlin Open, you'll enjoy bike rides on the boards, and walks to local favorite hotspots like the Reel Inn! The self managed association completed their reserve study, and the stairwells were replaced in 2024.
Sold for $440,000
$440,000
406 15th St Unit 1, Ocean City, MD 21842
2beds
858sqft
Condominium
Built in 1971
-- sqft lot
$425,400 Zestimate®
$513/sqft
$2,442 Estimated rent
Home value
$425,400
$391,000 - $459,000
$2,442/mo
Zestimate® history
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List your homeWhat's special
Boat slipDry-bar area off kitchenQuartz countersWaterview down butterfish cove
Zillow last checked:
Listing updated:
Listed by:
Lauren Bunting 410-422-9899,
Keller Williams Realty Delmarva
Bought with:
JASON DUCKWORTH
EXP Realty, LLC
Source: Bright MLS,MLS#: MDWO2030168
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Other, Electric
Cooling
- Ductless, Electric
Appliances
- Included: Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Open Floorplan, Recessed Lighting, Upgraded Countertops
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 858
- Total interior livable area: 858 sqft
- Finished area above ground: 858
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal
- Frontage length: Water Frontage Ft: 20
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410041295
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stick Built, Vinyl Siding
- Roof: Flat
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $1,000 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Pier/Dock
- Services included: Common Area Maintenance, Maintenance Structure, Insurance, Reserve Funds
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $513/sqft
- Tax assessed value: $244,467
- Annual tax amount: $3,001
- Date on market: 4/18/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: Sold Fully Furnished
- Exclusions: All Bedding And Towels.
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $440,000-2.2%$513/sqft |
Source:  Bright MLS #MDWO2030168 Report a problem | ||
| 7/7/2025 | Contingent | $449,900$524/sqft |
Source: Bright MLS #MDWO2030168 Report a problem | ||
| 6/23/2025 | Price change | $449,900-5.3%$524/sqft |
Source: Bright MLS #MDWO2030168 Report a problem | ||
| 5/20/2025 | Price change | $474,900-5%$553/sqft |
Source: Bright MLS #MDWO2030168 Report a problem | ||
| 4/18/2025 | Listed for sale | $499,900$583/sqft |
Source: Bright MLS #MDWO2030168 Report a problem | ||
| 11/1/2024 | Listing removed | $499,900$583/sqft |
Source: Bright MLS #MDWO2021930 Report a problem | ||
| 11/1/2024 | Price change | $499,900-2.9%$583/sqft |
Source: Bright MLS #MDWO2021930 Report a problem | ||
| 7/10/2024 | Listed for sale | $514,900+110.2%$600/sqft |
Source: Bright MLS #MDWO2021930 Report a problem | ||
| 9/14/2020 | Sold | $245,000+44.1%$286/sqft |
Source: Public Record Report a problem | ||
| 10/8/2002 | Sold | $170,000$198/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,348 +11.6% | $244,467 +14% |
| 2024 | $3,001 +15.5% | $214,433 +16.3% |
| 2023 | $2,599 | $184,400 |
| 2022 | $2,599 -0.2% | $184,400 |
| 2021 | $2,605 | $184,400 |
| 2020 | $2,605 +6.1% | $184,400 |
| 2019 | $2,456 +8.1% | $184,400 +14.6% |
| 2018 | $2,273 +7.9% | $160,933 +7.9% |
| 2017 | $2,107 -1.6% | $149,200 +1.8% |
| 2016 | $2,142 | $146,633 +1.8% |
| 2015 | $2,142 | $144,067 +1.8% |
| 2014 | $2,142 | $141,500 |
| 2013 | -- | $141,500 |
| 2012 | -- | $141,500 -20.7% |
| 2011 | -- | $178,460 |
| 2010 | -- | $178,460 |
| 2009 | -- | $178,460 -20% |
| 2008 | -- | $223,080 +16.4% |
| 2007 | -- | $191,620 +19.6% |
| 2006 | -- | $160,160 +24.4% |
| 2005 | -- | $128,700 +16.2% |
| 2004 | -- | $110,800 +19.3% |
| 2003 | -- | $92,900 +23.9% |
| 2002 | -- | $75,000 |
| 2001 | -- | $75,000 |
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: 1.3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 5.9 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 5.8 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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- Maryland
- Worcester County
- Ocean City
- 21842
- Boardwalk/Inlet
- 406 15th St Unit 1
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