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sales rep | Brivity IDX

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205 5th St Unit 41 , Ocean City, MD 21842
$200,000
Est. Payment: $1,064.48/mo
1 Bed
1 Bath
304 Sqft
Status: active | Days on site: 153
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CORNH1 - 3286444
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House Description

This is an amazing one-bedroom unit in the heart of downtown that won't disappoint. If you're looking for your next hideaway in ocean city to vacation or you're looking for a powerhouse income producing unit, you have arrived. Walking distance to the beach, boardwalk and all local attractions; this home is central to everything. Over the last two years this unit has grossed (on average) $22,000 each summer and can produce even more if operated during the winter as an off-season rental. Recently updated with new furniture, paint and staging, this gem can comfortably sleep 5 adults. The home has a full kitchen, a large shower and a recently updated exterior space. Stairs and deck have been rebuilt using Trex decking and provide a quiet private space to rest once you have walked off the beach. There is nothing on the market at this price that can compare.

Highlights

Listed by Ryan W Eby , 4435386512 Corner House Realty , 4434993839. Bright MLS

Property Type

Condo

Year Built

1940

County

Worcester

Area

Bayside Interior (83)

Neighborhood

None Available

School District

Worcester County Public Schools

Listing ID

MDWO2039074

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:304
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:R2
Others:
  • ▪ Additional:Swimming Pool, Pool - Outdoor, Reserve Funds, Insurance, Common Area Maintenance, Cable TV
Sewer:No Septic System,Public Sewer
Parking Features:Off Site,1+ Spaces
Principal Interest
$1,064
Taxes
$135

Home Price

$200,000

Loan Details

30 yrs
7%

Down Payment

20%
$40,000
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:
$1,064.48

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,064.48 $135.08 $527.00 $1,726.57
Yearly $12,773.81 $1,621.00 $6,324.00 $20,718.81
Total $383,214.24 $48,630.00 $189,720.00 $621,564.24
Lender profile image
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.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS