13 40th St Unit 4 Ocean City, MD 21842
Estimated payment $1,530/month
Highlights
- Home fronts navigable water
- Public Water Access
- Building is oceanfront but unit may not have water views
- Ocean City Elementary School Rated A
- Public Beach
- City View
About This Home
Bring Your Offers! Easy to visit Investors this unit is ready for 2026 Rental Season! 1 bedroom has been completely updated and ready to rent! These do really well in summer and for events!!! What an Adorable & Spacious 1 bedroom -Lower Level access for easy unloading! Modern, Clean & Fully Furnished, Low Condo fees, Walk to SO MANY ATTRACTIONS! Have your early morning stroll on the beach, or wine down time on your Huge Porch with Summer Sea Breezes! Not only are you Ocean Block but it is conveniently located across the street from the Convention Center, which is now a fulltime destination with so many Spectacular New Shows appearing Year Round! Great Investment opportunity for Short Term Rentals or Long-time residents can enjoy the Turn Key Move in and Local Conveniences, 10 blocks away from route 90 Access! Don't Miss this Great Value!
Listing Agent
Kimberly Dixson
kim.dixson@redfin.com Coldwell Banker Realty Brokerage Phone: 4102638686 Listed on: 10/10/2025
Co-Listing Agent
(410) 263-8686 khylah.settle@cbmove.com Coldwell Banker Realty Brokerage Phone: 4102638686
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,397
Year Built
- Built in 1959
Lot Details
- Building is oceanfront but unit may not have water views
- Home fronts navigable water
- Public Beach
- North Facing Home
HOA Fees
- $190 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 1st floor
- Frame Construction
- Asphalt Roof
- Stick Built Home
Interior Spaces
- 416 Sq Ft Home
- Property has 1 Level
- Furnished
- City Views
Kitchen
- Electric Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Assigned parking located at #4
- On-Street Parking
- Parking Lot
- 1 Assigned Parking Space
Outdoor Features
- Public Water Access
- Property is near an ocean
- Swimming Allowed
- Balcony
- Porch
Location
- Flood Risk
Schools
- Stephen Decatur High School
Utilities
- Window Unit Cooling System
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 2410238161
Community Details
Overview
- Low-Rise Condominium
- Olympic Community
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,476 | $108,100 | $0 | $0 |
| 2024 | $1,393 | $99,800 | $0 | $0 |
| 2023 | $1,290 | $91,500 | $45,700 | $45,800 |
| 2022 | $1,286 | $91,500 | $45,700 | $45,800 |
| 2021 | $1,293 | $91,500 | $45,700 | $45,800 |
| 2020 | $1,293 | $91,500 | $45,700 | $45,800 |
| 2019 | $1,246 | $87,600 | $0 | $0 |
| 2018 | $1,179 | $83,700 | $0 | $0 |
| 2017 | $1,054 | $79,800 | $0 | $0 |
| 2016 | -- | $74,267 | $0 | $0 |
| 2015 | $1,438 | $68,733 | $0 | $0 |
| 2014 | $1,438 | $63,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2026 01/24/26 | Price Changed | $229,000 | -4.2% | $550 / Sq Ft |
| 01/02/2026 01/02/26 | For Sale | $239,000 | 0.0% | $575 / Sq Ft |
| 01/01/2026 01/01/26 | Off Market | $239,000 | -- | -- |
| 11/06/2025 11/06/25 | Price Changed | $239,000 | -11.2% | $575 / Sq Ft |
| 10/10/2025 10/10/25 | For Sale | $269,000 | -- | $647 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $107,000 | Mid Atlantic Title & Escrow | |
| Deed | $64,155 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,600 | Commercial |
Source: Bright MLS
MLS Number: MDWO2033878
APN: 10-238161
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Ask me questions while you tour the home.