Wake up to the sound of the surf and the sight of the ocean from your OCEAN BLOCK beach retreat in Midtown OC. This bright and open FULLY FURNISHED 1-bed/1-full bath offers modern touches throughout, perfect for effortless weekends by the water. Sip your morning coffee on the front balcony with ocean views, then unwind on the rear balcony that captures the warm afternoon sun. Major updates include 2018 HVAC, water heater, flooring, and kitchen renovation, plus a new rear slider in 2023, making this an easy turn-key option. Enjoy the convenience of 1 assigned parking space in building lot, with plenty of on-street parking nearby for guests. Looking for a personal getaway or a savvy rental investment? This condo checks every box...fully furnished, no rental restrictions, strong location, and restaurants, bars, and beach fun all just moments away. Start living the Ocean City beach lifestyle you’ve been dreaming of!
For sale
Price cut: $25K (6/12)
$275,000
7 40th St #307, Ocean City, MD 21842
1beds
588sqft
Condominium
Built in 1972
-- sqft lot
$-- Zestimate®
$468/sqft
$359/mo HOA
What's special
Fully furnishedOcean block beach retreatModern touches throughoutBright and open
- 135 days |
- 299 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Darlene Wise 443-900-3419,
Cummings & Co. Realtors 410-823-0033
Source: Bright MLS,MLS#: MDWO2036426
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
- Laundry: Dryer In Unit, Washer In Unit, In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 588
- Total interior livable area: 588 sqft
- Finished area above ground: 588
Property
Parking
- Parking features: Assigned, On Street, Parking Lot, Off Street
- Has uncovered spaces: Yes
- Details: Assigned Parking
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Sidewalks, Street Lights, Balcony
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Details
- Additional structures: Above Grade
- Parcel number: 2410054818
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
- Condo and coop fee: $1,077 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Reserved/Assigned Parking
- Services included: Insurance, Management, Cable TV
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $214,600
- Annual tax amount: $2,939
- Date on market: 3/6/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Sold Furnished
- Exclusions: Small Wall Pictures In Living Room & Bedroom Bedding
- Ownership: Condominium
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $275,000$468/sqft |
Source:  Bright MLS #MDWO2036426 Report a problem | ||
| 6/17/2026 | Contingent | $275,000$468/sqft |
Source: Bright MLS #MDWO2036426 Report a problem | ||
| 6/12/2026 | Price change | $275,000-8.3%$468/sqft |
Source: Bright MLS #MDWO2036426 Report a problem | ||
| 3/6/2026 | Listed for sale | $299,990$510/sqft |
Source: Bright MLS #MDWO2036426 Report a problem | ||
| 12/4/2025 | Listing removed | $299,990$510/sqft |
Source: Bright MLS #MDWO2034498 Report a problem | ||
| 10/30/2025 | Listed for sale | $299,990-4.8%$510/sqft |
Source: Bright MLS #MDWO2034498 Report a problem | ||
| 10/29/2025 | Listing removed | $315,000$536/sqft |
Source: Bright MLS #MDWO2026720 Report a problem | ||
| 7/11/2025 | Price change | $315,000-6%$536/sqft |
Source: Bright MLS #MDWO2026720 Report a problem | ||
| 3/4/2025 | Price change | $335,000-2.9%$570/sqft |
Source: Bright MLS #MDWO2026720 Report a problem | ||
| 11/7/2024 | Listed for sale | $345,000$587/sqft |
Source: Bright MLS #MDWO2026720 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,939 +17.1% | $214,600 +19.7% |
| 2024 | $2,509 +23.6% | $179,300 +24.5% |
| 2023 | $2,030 | $144,000 |
| 2022 | $2,030 -0.2% | $144,000 |
| 2021 | $2,035 | $144,000 |
| 2020 | $2,035 -0.7% | $144,000 |
| 2019 | $2,049 +0.7% | $144,000 |
| 2018 | $2,034 -10.2% | $144,000 -10.3% |
| 2017 | $2,266 +5% | $160,500 +3.5% |
| 2016 | $2,159 | $155,000 +3.7% |
| 2015 | $2,159 | $149,500 +3.8% |
| 2014 | $2,159 | $144,000 |
| 2013 | -- | $144,000 |
| 2012 | -- | $144,000 -20% |
| 2011 | -- | $179,920 |
| 2010 | -- | $179,920 |
| 2009 | -- | $179,920 -14.3% |
| 2008 | -- | $209,910 +18.1% |
| 2007 | -- | $177,766 +22.1% |
| 2006 | -- | $145,623 +28.3% |
| 2005 | -- | $113,480 +18.6% |
| 2004 | -- | $95,652 +22.9% |
| 2003 | -- | $77,826 +29.7% |
| 2002 | -- | $60,000 +0.6% |
| 2001 | -- | $59,666 |
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.Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 10/10Ocean City Elementary SchoolGrades: PK-4Distance: 2.5 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 6.9 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 6.7 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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