15 40TH STREET 12, OCEAN CITY, MD 21842
NONE AVAILABLE · WORCESTER County
Key Facts
Description
Reduced to Sell!Supplemental Income ready to be earned for 2026, hottest summer predicted by Almanac! Investor Alerts! These Units rent very well due to Ocean block and location across from Convention center. Also selling this unit:MDWO2033878 / Unit #4 , Lets make a Deal! The interior is completely redone. Bring your best offer as this is a Charming and updated Investment (or 2nd Home) condo located on 40th and Ocean Block. Private parking, walk to many attractions including OC Convention Center, Seacrets, Fagers Island and many more popular restaurants! Enjoy the beach just steps away or rent out with potential earnings of $40k+! This home is fully furnished with Central Air and LOW Condo fees with no assessments! Lower Level with Huge Porch and Ocean Breezes, convenient 1 Assigned Parking Spaces. Low maintenance & Ready for Move in or rental occupancy! This is a great Investment opportunity!
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Coastal
Year Built
1959
Living Area
728 sq ft
Parking Spaces
1
Zoning
R-3
Days on Market
170
MLS® Listing#
MDWO2035978
Property Features
Appliances
Cooling
Heating
Pool
Parking
Laundry
Construction
Roof
Utilities
Sewer
Water Source
Schools
- District:
- Worcester County Public Schools
Financial Details
HOA
None
Annual Taxes
$1,944
Tax year 2025
Assessed Value
$141,933
Parcel Number
1000560146
Directions
GPS IS BEST
Affordability Calculator
$69,800
Estimated monthly payment
$1,858/mo
Principal $279,200 · Est. interest $389,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OCEAN CITY, MD
- $467,005
- Median Listing Price
- 76
- Median Days on Market
- 1,270
- Median Sq Ft
- $381
- Median Price / Sq Ft
- 784
- Active Listings
- This home’s price is 25% below the area median.
- Its price per sq ft is 26% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OCEAN CITY, MD.
Location
Points of Interest in OCEAN CITY, MD
Showing the OCEAN CITY area map.
Nearby Schools
Ocean City Elementary School
Elementary · 2.4 mi away
Most Blessed Sacrament Catholic School
Elementary · 6.5 mi away
Stephen Decatur High School
Secondary · 6.7 mi away
Showell Elementary School
Elementary · 6.7 mi away
Stephen Decatur Middle School
Secondary · 6.7 mi away
Little Bears & Sunflowers
School · 7.6 mi away
Berlin Head Start
School · 7.9 mi away
Berlin Intermediate School
Secondary · 8.0 mi away
Buckingham Elementary School
Elementary · 8.9 mi away
Carmellas Kids
Elementary · 8.9 mi away
Selbyville Middle School
Secondary · 10.0 mi away
Phillip C Showell Elementary School
Elementary · 10.2 mi away
Indian River School District
School · 10.6 mi away
Southern Delaware School of the Arts
Elementary · 10.7 mi away
Lord Baltimore Elementary School
Elementary · 12.4 mi away
Indian River School District
Secondary · 13.4 mi away
Carver G W Educational Center
School · 13.4 mi away
Clayton (John M.) Elementary School
Elementary · 14.7 mi away
Indian River High School
Secondary · 14.9 mi away
Willards Elementary
Elementary · 15.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 14402 JARVIS AVENUE 2A, OCEAN CITY, MD | $244,850 | 1 | 1 | 680 |
| 4000 COASTAL HIGHWAY 116, OCEAN CITY, MD | $244,900 | 1 | 1 | 616 |
| 512 ROBIN DRIVE 20, OCEAN CITY, MD | $245,000 | 1 | 1 | 396 |
| 2431 TULLS CORNER ROAD, POCOMOKE CITY, MD | $245,000 | 3 | 3 | 2,549 |
| 3701 G COASTAL HIGHWAY 332, OCEAN CITY, MD | $245,000 | 1 | 1 | 616 |
| 101 123RD STREET 384C, OCEAN CITY, MD | $246,500 | 1 | 1 | 737 |
Moving Cost Estimate
EXIT Agents in OCEAN CITY
Listing Courtesy: Coldwell Banker Realty - 4102638686