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5405 Coastal Hwy Unit 307 , Ocean City, MD 21842
$399,000
Est. Payment: $2,123.65/mo
2 Bed
2 Bath
1023 Sqft
Status: active | Days on site: 73
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KWBCH62 - 3255748
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House Description

What does $399,000 buy you in Ocean City these days? That's actually a pretty good question. In this case (at Sunset Bay #307), it gets you a fully furnished, updated 2-bedroom, 2-bath condo in a bayfront Midtown community with an elevator, pool, fitness center, waterfront access, on-site parking, an oversized private balcony, and a location where leaving the car parked for your entire stay is actually realistic. That's a lot of Ocean City for under $400K. Located bayside at 54th Street, Sunset Bay sits in one of those Midtown locations that becomes more convenient the longer you own here. The beach is only a few minutes away, Route 90 makes getting on and off the island considerably easier, and you're surrounded by restaurants, entertainment, shopping, watersports, and plenty of reasons to leave the car exactly where you parked it. Inside, #307 has already received the updates most buyers are looking for. Wood-style LVP flooring runs throughout, while the kitchen features granite countertops and a tiled backsplash. The interior was professionally designed to feel cohesive and comfortable without becoming overly "beachy" (you know exactly what we're talking about), and the condo is being sold fully furnished. Then there's the balcony. It's oversized, private, and most importantly, actually useful. There's enough room to sit outside, spread out, have dinner, read a book, or enjoy a drink after the beach without rearranging furniture every time someone needs to walk past. Sometimes square footage outside the condo is almost as important as the square footage inside. Sunset Bay adds quite a bit to the equation. The bayfront community offers an outdoor pool and spa, fitness center, elevators, and a shared waterfront dock where owners and guests can launch kayaks or paddleboards, or spend some time crabbing. It's a nice reminder that even when you're not looking directly at the bay from your condo, you're still buying into a community that sits directly on it. And 54th Street might be one of the better case-studies for 'why to buy in Midtown Ocean City'. Walk to the beach. Walk to Fager's Island, Bad Monkey, Alley Oops, Seacrets, and plenty of other restaurants and entertainment nearby. The Convention Center and Jolly Roger aren't far away either, while the Route 90 Bridge gives you one of the most convenient entry and exit points in Ocean City. #307 has previously been rented and has everything you'd expect from a property capable of returning to a vacation-rental program: two bedrooms, two full baths, a furnished and updated interior, usable outdoor space, a pool, elevator, on-site parking, beach access nearby, and a location surrounded by things vacationers already want to do. So let's go back to the original question......What does $399,000 buy you in Ocean City? In this case, it's a LOT MORE than you might expect. An updated and fully furnished 2-bedroom condo. An established bayfront community. Pool. Fitness center. Waterfront access. Elevator. Oversized balcony. On-site parking. A walkable Midtown location. The beach nearby. And legitimate rental potential if that's part of your plan. It's the combination that makes this property so appealing.

Highlights

Listed by Grant K Fritschle , 4104305880 Keller Williams Realty Delmarva , 4105246400. Bright MLS

Property Type

Condo

Year Built

2003

County

Worcester

Area

Bayside Interior (83)

Neighborhood

None Available

School District

Worcester County Public Schools

Listing ID

MDWO2040634

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer
Air Cond:Central A/C
Fireplaces:Gas/Propane,1 Fireplace
Floor:Vinyl
Above Ground Sq Ft:1023
Other:
  • ▪ Main Floor Bedrooms:2
  • ▪ Additional:Bathroom - Soaking Tub, Bathroom - Stall Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Kitchen - Gourmet, Pantry, Upgraded Countertops, Window Treatments, 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:2
Zoning:C-1
Roof:Built-Up,Flat
Others:
  • ▪ Additional:Outside Shower, Elevator, Exercise Room, Pier/Dock, Pool - Outdoor, Swimming Pool, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Pier/Dock Maintenance, Pool(s), Trash
Sewer:Public Sewer
Parking Features:Assigned,Paved Driveway,Private,Parking Lot,2+ Spaces,1+ Spaces
Principal Interest
$2,124
Taxes
$376

Home Price

$399,000

Loan Details

30 yrs
7%

Down Payment

20%
$79,800
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:
$2,123.65

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,123.65 $375.50 $2,032.00 $4,531.15
Yearly $25,483.75 $4,506.00 $24,384.00 $54,373.75
Total $764,512.40 $135,180.00 $731,520.00 $1,631,212.40
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.

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

© 2026 Bright MLS