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17 40th St Unit 16, Ocean City, MD 21842 listing image 1

For Sale

$279,950

17 40th St Unit 16, Ocean City, MD 21842

1Bed
1Bath
416SqFt

1Bed
1Bath
416SqFt

Property Type
Condo
Year Built
1959
HOA Fees
$168/mo
Price per Sqft
$673
On highrises
1 Day

Property Details

Classic Ocean Block Beach Bungalow - The Olympic, 40th Street Step back to simpler times with this charming 1-bedroom, 1-bath beach bungalow located in the historic Olympia, built in 1959 and ideally situated on the ocean block of Coastal Highway at 40th Street. Featuring newer windows and an efficient mini-split system, this coastal retreat blends classic beach character with modern comfort. Perfectly positioned just seconds from the sand, and within short distance to the Ocean City Convention Center and a variety of popular restaurants, cafes, and local hotspots. When you're ready to slow down, simplify, and truly embrace the beach lifestyle, this is the perfect getaway to make your own.

Property Features

Bedrooms

Bedrooms: 1

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Interior Features

Entry Level Bedroom
Wood Floors
Window Treatments
Kitchen - Galley
Floor Plan - Open

Appliances

Disposal
Exhaust Fan
Microwave
Oven/Range - Electric
Refrigerator
WaterHeater
Washer Dryer Hookup: No

Heating and Cooling

Cooling Features: Ductless/Mini-Split
Heating Features: Baseboard - Electric
Heating: Yes

Garage and Parking

Parking Features: Crushed Stone, Parking Lot, Off Street
Parking Total: 1

Homeowners Association

Association: Yes
Association Fee: 503
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 168
Pet Description: No Pet Restrictions
Senior Community: No

School Information

Elementary School: OCEAN CITY
High School: STEPHEN DECATUR
Middle School: STEPHEN DECATUR
School District: WORCESTER COUNTY PUBLIC SCHOOLS

Other Property Info

Annual Tax Amount: 1481
Source Listing Status: Active
County: WORCESTER
Disclaimer: Standard
Ownership: Condominium
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: NONE AVAILABLE
Postal Code Plus 4: 8150
Subdivision: NONE AVAILABLE
Township: Ocean City

Building and Construction

Total Square Feet Living: 416
Year Built: 1959
Above Grade Finished Area: 416
BelowGradeFinishedArea: 0
Building Name: Olympic
Construction Materials: Stick Built
Levels: 1
Property Age: 66
Levels or Stories: 1
Structure Type: Unit/Flat/Apartment
Total Area Sqft: 416
Architectural Style: Coastal, Unit/Flat

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
11/03/2025	Listed	$279,950	$673	BrightMLS
06/23/2015	Sold	$94,000	$226	Public Record
02/10/1988	Sold	$32,500	$78	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2025	$1,476	-	+	-	=	$108,100
2024	$1,392	-	+	-	=	$108,100
2022	$1,285	$45,700	+	$45,800	=	$91,500
2021	$1,292	$45,700	+	$45,800	=	$91,500
2020	$1,292	$45,700	+	$45,800	=	$91,500
2019	$1,246	-	+	-	=	$87,600
2018	$1,182	-	+	-	=	$83,700

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
9500 Coastal Hwy Unit 12F	$389.9K	1	2	730	730
5606 Coastal Hwy Unit 3	$659.9K	3	4	1544	1544
405 143rd St Unit 20	$329K	2	2	836	836
106-A 120th St Unit 20803	$70K	2	2	1104	1104
3701 Coastal Hwy Unit 139H	$275K	1	1	616	616
12909 Assawoman Dr Unit 101	$629K	2	2	1215	1215

Presented by:
The Windrow Group
state license#524838

This listing is presented by Keller Williams Realty

Brokered by:
Keller Williams Realty
(302) 360-0300

Broker Location:

SELBYVILLE

Data Source:

BrightMLS

Source's Property ID:

MDWO2034556

Data Source Copyright:

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$279,950

17 40th St Unit 16, Ocean City, MD 21842