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For sale
  • $399,000

    5405 Coastal Hwy Unit 307, Ocean City, MD 21842

    2beds
    1,023sqft
    : 
    $3,471/mo
    Get pre-qualified
    Condominium
    Built in 2003
    -- sqft lot
    $386,800 Zestimate®
    $390/sqft
    $677/mo HOA

    What's special

    Fully furnishedOn-site parkingFitness centerBayfront midtown communityOversized private balconyOutdoor pool and spaWood-style lvp flooring
    What does $399,000 buy you in Ocean City these days? That's actually a pretty good question. In this case (at Sunset Bay #307), it gets you a fully furnished, updated 2-bedroom, 2-bath condo in a bayfront Midtown community with an elevator, pool, fitness center, waterfront access, on-site parking, an oversized private balcony, and a location where leaving the car parked for your entire stay is actually realistic. That's a lot of Ocean City for under $400K. Located bayside at 54th Street, Sunset Bay sits in one of those Midtown locations that becomes more convenient the longer you own here. The beach is only a few minutes away, Route 90 makes getting on and off the island considerably easier, and you're surrounded by restaurants, entertainment, shopping, watersports, and plenty of reasons to leave the car exactly where you parked it. Inside, #307 has already received the updates most buyers are looking for. Wood-style LVP flooring runs throughout, while the kitchen features granite countertops and a tiled backsplash. The interior was professionally designed to feel cohesive and comfortable without becoming overly "beachy" (you know exactly what we're talking about), and the condo is being sold fully furnished. Then there's the balcony. It's oversized, private, and most importantly, actually useful. There's enough room to sit outside, spread out, have dinner, read a book, or enjoy a drink after the beach without rearranging furniture every time someone needs to walk past. Sometimes square footage outside the condo is almost as important as the square footage inside. Sunset Bay adds quite a bit to the equation. The bayfront community offers an outdoor pool and spa, fitness center, elevators, and a shared waterfront dock where owners and guests can launch kayaks or paddleboards, or spend some time crabbing. It's a nice reminder that even when you're not looking directly at the bay from your condo, you're still buying into a community that sits directly on it. And 54th Street might be one of the better case-studies for 'why to buy in Midtown Ocean City'. Walk to the beach. Walk to Fager's Island, Bad Monkey, Alley Oops, Seacrets, and plenty of other restaurants and entertainment nearby. The Convention Center and Jolly Roger aren't far away either, while the Route 90 Bridge gives you one of the most convenient entry and exit points in Ocean City. #307 has previously been rented and has everything you'd expect from a property capable of returning to a vacation-rental program: two bedrooms, two full baths, a furnished and updated interior, usable outdoor space, a pool, elevator, on-site parking, beach access nearby, and a location surrounded by things vacationers already want to do. So let's go back to the original question......What does $399,000 buy you in Ocean City? In this case, it's a LOT MORE than you might expect. An updated and fully furnished 2-bedroom condo. An established bayfront community. Pool. Fitness center. Waterfront access. Elevator. Oversized balcony. On-site parking. A walkable Midtown location. The beach nearby. And legitimate rental potential if that's part of your plan. It's the combination that makes this property so appealing.
    10 days
    1,488
    42

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Grant Fritschle 410-430-5880,

    Keller Williams Realty Delmarva 4105246400,

    Listing Team: The Fritschle Barker Group

    Source: Bright MLS,MLS#: MDWO2040634MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Basement
      • Area: 0
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit, In Unit
      Features
      • Soaking Tub, Bathroom - Stall Shower, Ceiling Fan(s), Combination Dining/Living, Crown Molding, Kitchen - Gourmet, Pantry, Upgraded Countertops
      • Flooring: Vinyl, Carpet
      • Doors: Sliding Glass
      • Windows: Double Pane Windows, Insulated Windows, Screens, Window Treatments
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Gas/Propane
      Interior area
      • Total structure area: 1,023
      • Total interior livable area: 1,023 sqft
      • Finished area above ground: 1,023
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Assigned, Driveway, Private, Parking Lot
      • Has uncovered spaces: Yes
      • Details: Assigned Parking
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Outdoor Shower, Balcony
      • Pool features: Community
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2410415306
      • Zoning: C-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Roof: Built-Up,Flat
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Pool
      • Condo and coop fee: $2,032 quarterly
      • Subdivision: None Available
      HOA
      • Has HOA: No
      • Amenities included: Elevator(s), Fitness Center, Pier/Dock, Pool
      • Services included: Common Area Maintenance, Maintenance Structure, Insurance, Management, Pier/Dock Maintenance, Pool(s), Trash
      Location
      • Region: Ocean City
      • Municipality: Ocean City

      Financial & listing details

      • Price per square foot: $390/sqft
      • Tax assessed value: $388,700
      • Annual tax amount: $4,506
      • Date on market: 8/19/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: See Inventory Addendum
      • Exclusions: See Inventory Addendum
      • Ownership: Condominium

        Estimated market value

        $386,800

        $367,000 - $406,000

        $2,395/mo

        Price history

        DateEventPrice
        8/19/2026Listed for sale$399,000-1.7%$390/sqft
        Source: Bright MLS #MDWO2040634 Report a problem
        7/6/2026Listing removed$405,900$397/sqft
        Source: Bright MLS #MDWO2037366 Report a problem
        3/31/2026Listed for sale$405,900+9.4%$397/sqft
        Source: Bright MLS #MDWO2037366 Report a problem
        9/16/2021Sold$371,000+0.6%$363/sqft
        Source: Bright MLS #MDWO2001262 Report a problem
        8/9/2021Pending sale$368,900$361/sqft
        Source: Bright MLS #MDWO2001262 Report a problem
        8/5/2021Listed for sale$368,900+55%$361/sqft
        Source: Bright MLS #MDWO2001262 Report a problem
        4/5/2019Sold$238,000-4%$233/sqft
        Source: Public Record Report a problem
        1/10/2019Listed for sale$247,900-27.4%$242/sqft
        Source: Condominium Realty LTD #MDWO102138 Report a problem
        12/12/2007Sold$341,500-1.3%$334/sqft
        Source: Public Record Report a problem
        11/16/2004Sold$345,900+47.2%$338/sqft
        Source: Public Record Report a problem
        10/15/2003Sold$235,000$230/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,506 +19.5%$329,033 +22.2%
        2024$3,770 +27.5%$269,367 +28.5%
        2023$2,956 $209,700
        2022$2,956 -0.2%$209,700
        2021$2,963 $209,700
        2020$2,963 -0.7%$209,700
        2019$2,983 +0.7%$209,700
        2018$2,962 -5.5%$209,700 -5.5%
        2017$3,133 -5.1%$221,900
        2016$3,302 $221,900
        2015$3,302 $221,900 -2.3%
        2014$3,302 $227,100
        2013-- $227,100
        2012-- $227,100 -17.5%
        2011-- $275,180
        2010-- $275,180
        2009-- $275,180 -19.9%
        2008-- $343,720 +18%
        2007-- $291,206 +22%
        2006-- $238,693 +28.2%
        2005-- $186,180
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        48 / 100
        Car-Dependent
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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