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Presented by: Coldwell Banker Realty Powered by Highrises

15 40th St Unit 12, Ocean City, MD 21842 listing image 1

For Sale

$399,000

15 40th St Unit 12, Ocean City, MD 21842

2Beds
1Bath
728SqFt

2Beds
1Bath
728SqFt

Property Type
Condo
Year Built
1959
HOA Fees
$190/mo
Price per Sqft
$548
On highrises
1 Day

Property Details

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 Features

Bedrooms

Bedrooms: 2

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Appliances

Built-In Microwave
Washer Dryer Hookup: Yes

Heating and Cooling

Cooling Features: Central A/C
Heating: Yes

Waterfront and Water Access

Water Access
Navigable Water

Garage and Parking

Parking Features: Asphalt Driveway, Paved Parking, Private, Parking Lot
Parking Total: 1

Homeowners Association

Association: Yes
Association Fee: 190
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 190
Pet Description: No Pet Restrictions
Senior Community: No

School Information

School District: Worcester County Public Schools

Other Property Info

Annual Tax Amount: 1783
Source Listing Status: Coming Soon
County: WORCESTER
Disclaimer: Standard
Ownership: Condominium
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: NONE AVAILABLE
Postal Code Plus 4: 8151
Subdivision: NONE AVAILABLE

Building and Construction

Total Square Feet Living: 728
Year Built: 1959
Above Grade Finished Area: 728
BelowGradeFinishedArea: 0
Building Name: Olympic
Construction Materials: Frame, Stick Built, Vinyl Siding
Levels: 1
Property Age: 66
Levels or Stories: 1
Structure Type: Unit/Flat/Apartment
Total Area Sqft: 728
Architectural Style: Coastal

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
10/08/2025	Listed	$399,000	$548	BrightMLS
06/02/2016	Sold	$117,500	$161	Public Record
03/17/1992	Sold	$53,000	$73	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2025	$1,938	-	+	-	=	$141,933
2024	$1,777	-	+	-	=	$141,933
2022	$1,585	$56,400	+	$56,400	=	$112,800
2021	$1,593	$56,400	+	$56,400	=	$112,800
2020	$1,593	$56,400	+	$56,400	=	$112,800
2019	$1,604	$56,400	+	$56,400	=	$112,800
2018	$1,593	$56,400	+	$56,400	=	$112,800

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
13 40th St Unit 4	$269K	1	1	416	416
401 Atlantic Ave Unit 103	$630K	2	2	862	862
203 33rd St Unit 30402	$285K	1	1	548	548
10900 Coastal Hwy Unit 1809	$595K	2	2	1092	1092
400 141st St Unit 24	$325K	2	2	864	864
404 141st St Unit 19	$325K	2	2	878	878

Presented by:
Kimberly Dixson

This listing is presented by Coldwell Banker Realty

Broker Location:

Annapolis

Data Source:

BrightMLS

Source's Property ID:

MDWO2033864

Data Source Copyright:

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$399,000

15 40th St Unit 12, Ocean City, MD 21842