13 40th St Unit 7 Ocean City, MD 21842
Estimated payment $1,488/month
Highlights
- Water Oriented
- No Units Above
- Instant Hot Water
- Ocean City Elementary School Rated A
- Furnished
- Central Air
About This Home
Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with offers 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! Central A/C and Heat. Close to main entertainment attractions! This condo brought in over $20,000 in rental income last year, making it an excellent opportunity for investors. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!
Listing Agent
(410) 677-0909 lwbunting@comcast.net Keller Williams Realty Delmarva Brokerage Phone: 4106770909 Listed on: 05/07/2026
Co-Listing Agent
(410) 677-0909 lwbunting@comcast.net Keller Williams Realty Delmarva Brokerage Phone: 4106770909
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,481
Year Built
- Built in 1959
Lot Details
- No Units Above
- 1 Common Wall
HOA Fees
- $131 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
Interior Spaces
- 416 Sq Ft Home
- Property has 2 Levels
- Furnished
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Instant Hot Water
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
Outdoor Features
- Water Oriented
- Property is near an ocean
Location
- Flood Risk
Utilities
- Central Air
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 2410238218
Community Details
Overview
- Association fees include insurance, management, reserve funds
- Low-Rise Community
- Olympic Community
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,127 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $229,000 | -- | $550 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $60,000 | Mid Atlantic Title & Escrow |
Source: Bright MLS
MLS Number: MDWO2037466
APN: 10-238218
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