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205 5th St # 41 photo 1
for saleNew — 2d on market
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$205,000

1beds
|
1baths
|
304sqft
|
1940built
205 5th St # 41,Ocean City, MD 21842

Est.$1,348/moCustomize payment

What's special

Just listed

On the market for 2 days

$674/sqft

Price per square foot

Built in 1940

86 years old

Overview

This is an amazing one-bedroom unit in the heart of downtown that won't disappoint. If you're looking for your next hideaway in ocean city to vacation or you're looking for a powerhouse income producing unit, you have arrived. Walking distance to the beach, boardwalk and all local attractions; this home is central to everything. Over the last two years this unit has grossed (on average) $22,000 each summer and can produce even more if operated during the winter as an off-season rental. Recently updated with new furniture, paint and staging, this gem can comfortably sleep 5 adults. The home has...

Listing updated: June 12, 2026 at 8:02 PM

Listed by:

Ryan W Eby 443-538-6512, Corner House Realty

Source: Bright MLS · MLS #MDWO2039074Bright MLS

Property details

Cost estimate

Est. monthly payment

$1,464/mo
Principal & interest
$1,075
Property tax
$135
Home insurance (est.)
$68
HOA fee
$186

Down payment

$41,00020% of list price
Adjust down payment20%
0%25%50%

Based on 20% down ($41,000), 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
Jun 11, 2026Listed for sale$205,000

Location

205 5th St # 41, 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

$205,000

1 beds · 1 baths · 304 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: 6/14/2026.