$489,000

205 5th St Unit 44 Ocean City, MD 21842

Estimated payment $3,433/month

Total Views 15,529
3 Beds
2 Baths
895 Sq Ft
$546 Price per Sq Ft

Highlights

  • Property fronts the bay but unit may not have water views
  • Furnished
  • Porch
  • Ocean City Elementary School Rated A
  • Community Pool
  • 4-minute walk to 3rd Street Playground

About This Home

Beautiful 3-Bedroom Downtown Ocean City Condo with Pool!
Located on 5th Street, this spacious condo offers the perfect blend of comfort and convenience—just steps from the beach, Boardwalk, shops, and restaurants. Enjoy access to the outdoor pool and everything Downtown OC has to offer.

Listing Agent

Craig R. Lynch

Berkshire Hathaway HomeServices PenFed Realty - OP License #5007588 Listed on: 05/27/2025

Berkshire Hathaway HomeServices PenFed Realty - OP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1940

Lot Details

  • Property fronts the bay but unit may not have water views
  • North Facing Home

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 895 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • Parking Space Conveys

Outdoor Features

  • Patio
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Flood Risk

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 2410749581

Community Details

Overview

  • Association fees include cable TV, common area maintenance, high speed internet, laundry, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, pool(s), reserve funds, trash
  • Low-Rise Condominium
  • Parrot Bay Condos
  • Parrot Bay Community
  • Property Manager

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,525

Year Built

Built in 1940

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Remarks Public: Beautiful 3-Bedroom Downtown Ocean City Condo with Pool! Located on 5th Street, this spacious condo offers the perfect blend of comfort and convenience—just steps from the beach, Boardwalk, shops, and restaurants. Enjoy access to the outdoor pool and everything Downtown OC has to offer.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Dishwasher
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 7
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 895
  • Living Area Sq Ft: 895
  • Price Per Sq Ft: 546.37
  • Above Grade Finished Sq Ft: 895
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1637.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Parrot Bay
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, High Speed Internet, Laundry, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Reserve Funds, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: U
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2025
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2525.00
  • Assessor Parcel Number: 2410749581
  • Tax Lot: 44
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,518 $195,367 $0 $0
2024 $2,518 $180,433 $0 $0
2023 $2,326 $165,500 $82,700 $82,800
2022 $2,326 $165,500 $82,700 $82,800
2021 $2,339 $165,500 $82,700 $82,800
2020 $2,117 $165,500 $82,700 $82,800
2019 $2,117 $148,800 $0 $0
2018 $1,861 $132,100 $0 $0
2017 $1,638 $115,400 $0 $0
2016 -- $115,400 $0 $0
2015 $1,987 $115,400 $0 $0
2014 $1,987 $130,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $489,000 -0.2% $546 / Sq Ft
08/25/2023 08/25/23 Sold $490,000 -1.0% $547 / Sq Ft
06/12/2023 06/12/23 Price Changed $495,000 +10.0% $553 / Sq Ft
05/17/2023 05/17/23 For Sale $450,000 +109.3% $503 / Sq Ft
01/15/2021 01/15/21 Sold $215,000 -10.4% $240 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/18/2020 12/18/20 Price Changed $239,990 -5.9% $268 / Sq Ft
10/01/2020 10/01/20 For Sale $255,000 -- $285 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $490,000 Lakeside Title
Deed $215,000 Community Title
Deed $180,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,200 No Value Available
Previous Owner $285,600 New Conventional
Previous Owner $678,750 New Conventional
Previous Owner $131,250 New Conventional
Previous Owner $275,000 Stand Alone Second
Source: Public Records

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Source: Bright MLS

MLS Number: MDWO2030864

Bright MLS

APN: 10-749581