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Joseph Martin

Menkiti Group

jmart561@pm.me +1(561) 716-5970

Listed by Ryan Eby • Corner House Realty

$ 205,000

Est. payment -/mo

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205 5TH ST #41 Ocean City, MD 21842

1 Bed

1 Bath

304 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 304 sqft

Price per Sqft $674

Subdivision None Available

MLS Listing ID MDWO2039074

Style Bungalow

Bedrooms 1

Full Baths 1

Condo Fees $186/mo

HOA Y/N N

Abv Grd Liv Area 304

Year Built 1940

Annual Tax Amount $1,621

Tax Year 2025

Lot Dimensions 0.00 x 0.00

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

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 a full kitchen, a large shower and a recently updated exterior space. Stairs and deck have been rebuilt using Trex decking and provide a quiet private space to rest once you have walked off the beach. There is nothing on the market at this price that can compare.

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning R2

Rooms

Main Level Bedrooms 1

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 1.0

Amenities Available Swimming Pool, Pool - Outdoor

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Story 1

Unit Features Garden 1 - 4 Floors

Above Ground Finished SqFt 304

Sewer No Septic System, Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Worcester County Public Schools

Others

Pets Allowed Y

HOA Fee Include Reserve Funds,Insurance,Common Area Maintenance,Cable TV

Senior Community No

Tax ID 2410749557

Ownership Condominium

SqFt Source 304

Special Listing Condition Standard

Pets Allowed No Pet Restrictions