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17 40th Street C , Ocean City, MD 21842
$249,000
Est. Payment: $1,325.28/mo
1 Bed
1 Bath
481 Sqft
Status: active | Days on site: 172
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KWSR - 3256085,3394265
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with an additional loft offers both 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 This condo brought in over $40,000 in rental income last year, making it an excellent opportunity for investors. Inside, you’ll find a bright, open living space, complete with in-unit washer and dryer for added convenience. Relax on the shaded private patio perfect for escaping the summer heat after a day at the beach. The condo is also just minutes from popular restaurants, entertainment, and attractions, ensuring guests and owners always have something to enjoy. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!
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Highlights

Listed by Bret Davis , 4106770909 and Erik Burch , 4102537616 Keller Williams Realty Delmarva , 4106770909. Bright MLS

Property Type

Condo

Year Built

1959

County

Worcester

Area

Ocean Block (82)

 Neighborhood

None Available

 School District

Worcester County Public Schools

Listing ID

MDWO2037364

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
Air Cond:Ductless/Mini-Split
Fireplaces:
Floor:Hardwood
Above Ground Sq Ft:481
Other:
  • ▪ Main Floor Bedrooms:1
  • ▪ Additional:No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:0.00 x 0.00
Garage Capacity:1
Zoning:R-3
Others:
  • ▪ Additional:Very Good, Management, Reserve Funds, Insurance
Sewer:Public Sewer
Parking Features:Parking Lot,1+ Spaces
Principal Interest
$1,325
Taxes
$143

Home Price

$249,000

Loan Details

30 yrs
7%

Down Payment

20%
$49,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,325.28

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,325.28 $142.67 $503.13 $1,971.08
Yearly $15,903.39 $1,712.00 $6,037.56 $23,652.95
Total $477,101.73 $51,360.00 $181,126.80 $709,588.53
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Ocean City, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS