Price Reduced!! The perfect place at the beach, A Place in the Sun #308 is located on 40th Street ocean block, walk to the beach in a few minutes! This 1 Bedroom, 1 full bath top floor unit features a front balcony where you can enjoy the ocean views and another rear balcony for additional outdoor space. The unit has 2 sliding glass doors, ceramic tile flooring, recessed lighting, 2 ceiling fans, granite counter tops, backsplash tile, upgraded kitchen cabinets, stainless steel kitchen appliances, bathroom with ceramic walk in shower, bedroom with built in storage, a closet and washer and dryer, covered assigned parking space, furniture in the property is included in the sale. (Sofa is a pull out bed and bedroom has a queen bed) Move in ready with all the furnishings ! OWNER JUST INSTALLED A BRAND NEW HVAC SYSTEM ON 8/4/2025 AMERICAN STANDARD 2.0 TON 14 SEER UNIT, BUILDING IS IN GOOD STANDING WITH NO ASSESSMENTS, NO RENTAL RESTRICTIONS
Sold for $245,000
$245,000
7 40th St #308, Ocean City, MD 21842
1beds
588sqft
Condominium
Built in 1972
-- sqft lot
$247,500 Zestimate®
$417/sqft
$1,572 Estimated rent
Home value
$247,500
$220,000 - $280,000
$1,572/mo
Zestimate® history
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List your homeWhat's special
Ocean blockWasher and dryerRecessed lightingCeiling fansGranite counter topsStainless steel kitchen appliancesCovered assigned parking space
Zillow last checked:
Listing updated:
Listed by:
Lucia Ferrante 410-320-3824,
NOVA Brokers, LLC.
Bought with:
Angela Athey, 665714
Taylor Properties
Source: Bright MLS,MLS#: MDWO2030786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Heat Pump, Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Stainless Steel Appliance(s), Refrigerator, Cooktop, Washer, Electric Water Heater
- Laundry: Washer In Unit, Dryer In Unit, In Unit
Features
- Built-in Features, Ceiling Fan(s), Dining Area
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 588
- Total interior livable area: 588 sqft
- Finished area above ground: 588
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Covered, Assigned, Garage
- Garage spaces: 1
- Details: Assigned Parking
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2410054664
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- Very Good
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $1,077 quarterly
- Subdivision: None Available
HOA
- Has HOA: No
- Amenities included: Reserved/Assigned Parking
- Services included: Common Area Maintenance, Management, Trash
- HOA name: A Place In The Sun
Location
- Region: Ocean City
- Municipality: Ocean City
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $214,600
- Annual tax amount: $2,509
- Date on market: 5/13/2025
- Listing agreement: Exclusive Agency
- Inclusions: Being Sold With The Furniture And Any Kitchen Supplies That Are In The Property.
- Exclusions: Area Rug And Ottoman
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Sold | $245,000-5.7%$417/sqft |
Source:  Bright MLS #MDWO2030786 Report a problem | ||
| 12/10/2025 | Contingent | $259,900$442/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 11/24/2025 | Price change | $259,900-1.9%$442/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 11/9/2025 | Price change | $264,900-1.9%$451/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 10/23/2025 | Price change | $269,900-1.8%$459/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 10/13/2025 | Price change | $274,900-3.5%$468/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 10/2/2025 | Price change | $284,900-1.7%$485/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 9/2/2025 | Price change | $289,900-3.3%$493/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 6/5/2025 | Price change | $299,900-1.7%$510/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 5/13/2025 | Listed for sale | $305,000+38.6%$519/sqft |
Source: Bright MLS #MDWO2030786 Report a problem | ||
| 6/27/2006 | Sold | $220,000$374/sqft |
Source: Public Record 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
Neighborhood: Midtown
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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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- Maryland
- Worcester County
- Ocean City
- 21842
- Midtown
- 7 40th St Unit 308
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