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13 40th Street #7 photo 1
for sale
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$229,000

1beds
|
1baths
|
416sqft
|
1959built
13 40th Street #7,Ocean City, MD 21842

Est.$1,506/moCustomize payment

What's special

$550/sqft

Price per square foot

Built in 1959

67 years old

Overview

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 updated: June 15, 2026 at 6:29 PM

Listed by:

Bret Davis 4106770909, Keller Williams Realty Delmarva, Co-Listing Agent: Erik Burch 4102537616, Keller Williams Realty Delmarva

Source: Bright MLS · MLS #MDWO2037466Bright MLS

Property details

Cost estimate

Est. monthly payment

$1,532/mo
Principal & interest
$1,200
Property tax
$123
Home insurance (est.)
$76
HOA fee
$131

Down payment

$45,80020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($45,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Customize scenario

Price history

DateEventPrice
May 7, 2026Listed for sale$229,000

Location

13 40th Street #7, Ocean City, MD 21842

Recently sold nearby

Similar homes sold within 0.5 miles in the last 90 days.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Nearby homes

$229,000

1 beds · 1 baths · 416 sqft

Bright MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Samson Properties participates, and is provided by BRIGHT through a licensing agreement. © 2026 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Data last updated: 7/2/2026.