13 40TH STREET 7, OCEAN CITY, MD 21842
NONE AVAILABLE · WORCESTER County
Key Facts
Description
Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with offers comfort and strong investment potential. Just a short walk from the Ocean City Convention Center and the beach, this property is perfect for Renter Investment and Family Investment! Central A/C and Heat. Close to main entertainment attractions! This condo brought in over $20,000 in rental income last year, making it an excellent opportunity for investors. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Unit/Flat
Year Built
1959
Living Area
416 sq ft
Lot Dimensions
0.00 x 0.00
Parking Spaces
1
Zoning
R-3
Days on Market
71
MLS® Listing#
MDWO2037466
Property Features
Appliances
Cooling
Heating
Pool
Parking
Construction
Sewer
Water Source
Schools
- District:
- WORCESTER COUNTY PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$1,481
Tax year 2025
Assessed Value
$116,400
Parcel Number
2410238218
Directions
Located across from the Ocean City Convention Center
Affordability Calculator
$40,000
Estimated monthly payment
$1,064/mo
Principal $159,999 · Est. interest $223,213 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 57% 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
Getting Around
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 · 6.6 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 · 8.0 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 · 10.7 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 · 14.8 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 |
|---|---|---|---|---|
| 407 WALNUT STREET, POCOMOKE CITY, MD | $140,000 | 4 | 1 | 1,662 |
| 3625 EVERETT STREET, BALTIMORE CITY, MD | $142,900 | 2 | 2 | 1,116 |
| 1500 LOCUST STREET, BALTIMORE CITY, MD | $149,900 | 4 | — | 1,479 |
| 614 MARKET STREET, POCOMOKE CITY, MD | $149,900 | 4 | 2 | 1,855 |
| 4620 CURTIS AVENUE, BALTIMORE CITY, MD | $150,000 | 4 | 1 | 1,800 |
| 12346 OLD BRIDGE ROAD 112, OCEAN CITY, MD | $150,000 | 1 | 1 | 672 |
Moving Cost Estimate
EXIT Agents in OCEAN CITY
Listing Courtesy: Keller Williams Realty Delmarva - 4106770909