17 40th St Unit 16 Ocean City, MD 21842
Estimated payment $1,756/month
Highlights
- Building is oceanfront but unit may not have water views
- Open Floorplan
- Wood Flooring
- Ocean City Elementary School Rated A
- Coastal Architecture
- Main Floor Bedroom
About This Home
Classic Ocean Block Beach Bungalow - The Olympic, 40th Street
Step back to simpler times with this charming 1-bedroom, 1-bath beach bungalow located in the historic Olympic, built in 1959 and ideally situated on the ocean block of Coastal Highway at 40th Street. Featuring newer windows and an efficient mini-split system, this coastal retreat blends classic beach character with modern comfort. Perfectly positioned just seconds from the sand, and within short distance to the Ocean City Convention Center and a variety of popular restaurants, cafes, and local hotspots. When you’re ready to slow down, simplify, and truly embrace the beach lifestyle, this is the perfect getaway to make your own.
Listing Agent
(410) 430-5333 erik@thewindrowgroup.com Keller Williams Realty License #524838 Listed on: 11/03/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,481
Year Built
- Built in 1959
Lot Details
- Building is oceanfront but unit may not have water views
- Backs To Open Common Area
HOA Fees
- $168 Monthly HOA Fees
Home Design
- Coastal Architecture
- Entry on the 1st floor
- Block Foundation
- Shingle Roof
- Stick Built Home
Interior Spaces
- 416 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Double Hung Windows
- Wood Flooring
Kitchen
- Galley Kitchen
- Electric Oven or Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Gravel Driveway
- Parking Lot
- Off-Street Parking
Location
- Flood Risk
Schools
- Ocean City Elementary School
- Stephen Decatur Middle School
- Stephen Decatur High School
Utilities
- Ductless Heating Or Cooling System
- Vented Exhaust Fan
- Electric Baseboard Heater
- 120/240V
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 2410238099
Community Details
Overview
- Association fees include common area maintenance
- Low-Rise Condominium
- Olympic Condos
- Olympic Community
- Property Manager
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 | $1,286 | $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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $279,950 | -- | $673 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $32,500 | -- | |
| Deed | $18,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $6,049 | No Value Available | |
| Previous Owner | $17,280 | No Value Available |
Source: Bright MLS
MLS Number: MDWO2034556
APN: 10-238099
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