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205 5th St #41, Ocean City, MD 21842

Ocean City
Local realty services provided by:CENTURY 21 A Better Way
205 5th St #41,Ocean City, MD 21842
$200,000
  • 1 Beds
  • 1 Baths
  • 304 sq. ft.
  • Condominium
  • Active
Listed by: ryan w eby
Office: corner house realty
MLS#:MDWO2039074
Source:BRIGHTMLS

Price summary

  • Price:$200,000
  • Price per sq. ft.:$657.89

About this home

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.

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Home facts

  • Year built:1940
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:MDWO2039074
  • Added:138 day(s) ago
  • Updated:October 28, 2026 at 01:54 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:304 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1940
  • Building area:304 sq. ft.
  • Architectural Style:Bungalow
  • Construction Materials:Combination
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:No Septic System, Public Sewer

Finances and disclosures

  • Price:$200,000
  • Price per sq. ft.:$657.89
  • Tax amount:$1,621 (2025)

Parking

  • Parking description:Off Site

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