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For sale
  • Price cut: $10K (7/21)
    $453,000

    5101 Atlantic Ave #5040B, Ocean City, MD 21842

    1beds
    586sqft
    : 
    $3,512/mo
    Get pre-qualified
    Condominium
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $773/sqft
    $371/mo HOA

    What's special

    Updated finishesThoughtfully renovated interiorPrivate en-suite half bathTimeless coastal aestheticPrivate balconyDirect beach access
    Experience refined coastal living in this beautifully updated 1-bedroom, 1.5-bath oceanfront residence in Worcester House East, ideally positioned along the shoreline of Ocean City. With sweeping views of the Atlantic and the gentle rhythm of the waves as your backdrop, this home offers a sophisticated yet relaxed beachfront retreat. The thoughtfully renovated interior reflects a timeless coastal aesthetic, where clean lines and a soft, neutral palette create an atmosphere of understated elegance. The open-concept living space is filled with natural light, while sliding glass doors frame the ocean beyond and lead to a private balcony—an inviting setting for quiet mornings at sunrise or evenings spent unwinding in the coastal breeze. Every detail has been curated to deliver both style and comfort in equal measure. The spacious bedroom serves as a tranquil sanctuary and features a private en-suite half bath, offering a sense of privacy and convenience. A well-appointed full bathroom is located in the hall, easily accessible for guests and thoughtfully designed to complement the home’s cohesive style. The layout lends itself effortlessly to both everyday living and hosting. Beyond its aesthetic appeal, this residence presents an exceptional opportunity for investment. Oceanfront properties in this sought-after location continue to attract strong interest from vacationers, and the unit’s updated finishes, desirable layout, and direct beach access position it well for consistent rental demand. The added half bath enhances guest comfort—an often sought-after feature that can positively impact occupancy and repeat bookings. Worcester House East offers a premier oceanfront setting with close proximity to Ocean City’s dining, shopping, and entertainment, all while maintaining a sense of coastal tranquility. Whether envisioned as a private seaside escape or a refined income-producing property, this residence embodies the very best of oceanfront living.
    131 days
    |
    770
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kara Hawkins 302-542-6656,

    Engel & Volkers Ocean City (443) 292-6767

    Source: Bright MLS,MLS#: MDWO2037532MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Basement
      • Area: 0
      Heating
      • Baseboard, Electric
      Cooling
      • Wall Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Flooring: Luxury Vinyl
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 586
      • Total interior livable area: 586 sqft
      • Finished area above ground: 586
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Parking Lot, Off Street
      Accessibility
      • Accessibility features: Accessible Elevator Installed, Accessible Approach with Ramp
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410207932
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Masonry
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Condo and coop fee: $1,112 quarterly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Elevator(s)
      • Services included: None
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $773/sqft
      • Tax assessed value: $316,400
      • Annual tax amount: $3,739
      • Date on market: 4/3/2026
      • Listing agreement: Exclusive Agency
      • Inclusions: Furnished As Shown
      • Exclusions: Personal Effects, All Artwork Throughout And The Light Hanging Above The Dining Room Table
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Price change$453,000-2.2%$773/sqft
        Source: Bright MLS #MDWO2037532 Report a problem
        6/28/2026Price change$463,000-1.1%$790/sqft
        Source: Bright MLS #MDWO2037532 Report a problem
        4/3/2026Listed for sale$468,000+12.8%$799/sqft
        Source: Bright MLS #MDWO2037532 Report a problem
        7/26/2024Sold$415,000-2.4%$708/sqft
        Source: Bright MLS #MDWO2017960 Report a problem
        7/25/2024Pending sale$425,000$725/sqft
        Source: Bright MLS #MDWO2017960 Report a problem
        7/2/2024Contingent$425,000$725/sqft
        Source: Bright MLS #MDWO2017960 Report a problem
        12/10/2023Listed for sale$425,000+21.4%$725/sqft
        Source: Bright MLS #MDWO2017960 Report a problem
        8/30/2005Sold$350,000$597/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,739 +16.3%$273,033 +18.9%
        2024$3,214 +22.4%$229,667 +23.3%
        2023$2,626 $186,300
        2022$2,626 -0.2%$186,300
        2021$2,632 $186,300
        2020$2,632 +1.2%$186,300
        2019$2,601 +2.7%$186,300 +3.9%
        2018$2,533 +2%$179,300 +2%
        2017$2,482 -12.2%$175,800
        2016$2,827 $175,800
        2015$2,827 $175,800 -9.6%
        2014$2,827 $194,500
        2013-- $194,500
        2012-- $194,500 -17.4%
        2011-- $235,570
        2010-- $235,570
        2009-- $235,570 -20.1%
        2008-- $294,750 +17.3%
        2007-- $251,192 +21%
        2006-- $207,636 +26.5%
        2005-- $164,080 +20.9%
        2004-- $135,720 +26.4%
        2003-- $107,360 +35.9%
        2002-- $79,000 +0.4%
        2001-- $78,666
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Midtown

        Getting around

        45 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Stephen Decatur
        • 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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