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17 40th St photo 1
for saleNew — 3d on market
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$279,000

1beds
|
1baths
|
481sqft
|
1959built
17 40th St,Ocean City, MD 21842

Est.$1,835/moCustomize payment

What's special

Just listed

On the market for 3 days

$580/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 an additional loft offers both 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 This condo brought in over $40,000 in rental income last year, making it an excellent opportunity for investors. Inside, you'll find a bright, open living space, complete with in-unit washer and dryer for added convenience. Relax on the shaded private patio perfect for escaping the summer heat after a day at the...

Listed by Bret Davis, Keller Williams Realty Delmarva

410-677-0909 · bretdavis@kw.com · Office 410-677-0909

Co-listed by Erik Burch · Keller Williams Realty Delmarva · 410-253-7616 · eburch.davisstrategic@gmail.com

Source: Bright MLS · MLS #MDWO2037364

Listed May 7, 2026

Last updated May 10, 2026

Property details

Cost estimate

Est. monthly payment

$1,866/mo
Principal & interest
$1,463
Property tax
$143
Home insurance (est.)
$93
HOA fee
$168

Down payment

$55,80020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($55,800), 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$279,000

Location

17 40th St, Ocean City, MD 21842

Recently sold nearby

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

5 41st St # 2

5 41st St # 2

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$237K

Sold May 18, 2026 · Listed $240K

0 bd1 ba375 sqft$632/sqft(+52%)
107 Convention Center Dr # 1030b

107 Convention Center Dr # 1030b

Ocean City, MD

$370K

Sold May 15, 2026 · Listed $385K

2 bd2 ba931 sqft$397/sqft(-183%)
9 37th St Unit 202

9 37th St Unit 202

Ocean City, MD

$465K

Sold May 14, 2026 · Listed $465K

2 bd2 ba1,008 sqft$461/sqft(-119%)

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