7 40th St #207

Ocean City, MD 21842 View Map $260,000 Schedule a Tour
Beds1
Baths1
Sq.Ft.588
Year1972
Dave Whittington

Dave Whittington

(410) 430-5283

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Status: Under Contract - Under Contract
Property Type:Unit/Flat
MLS #:MDWO2016574
Sq. Feet:588
On Site:149 Days
County:Worcester
Welcome to A Place in the Sun Condominium! Located in Midtown Ocean City, the building is professionally managed and sits just 2 back from the beach. There is covered assigned parking and a storage area available by request at the ground level for all your beach accessories. Unit also has a rear balcony that gets afternoon sun and overlooks neighboring pool. Unit is in original 1972 condition and would make a great short term rental with its retro decor, or for a full renovation project to hold/flip. Financing is available through local lenders specializing in the resort market. Purchase now and have it ready by the 2024 season.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/18/2023$300,000$289,900-3.4%
12/4/2023$289,900$275,000-5.1%
2/5/2024$275,000$260,000-5.5%

Community Information

Address:7 40th St #207, Ocean City, MD 21842
Area:Ocean Block (82)
County:Worcester
City:Ocean City
Subdivision:Non Development
Zip Code:21842
Neighborhood:Ocean Block (82)
Building Name:A Place In The Sun

School Information

High School:Stephen Decatur
Middle School:Stephen Decatur
Elementary School:Ocean City

Architecture

Unit Number:#207
Bedrooms: 1
Bathrooms: 1
Year Built:1972
Stories:1
Style:Unit/Flat
Construction: Frame
Roofing: Built-Up, Flat
Foundation: Pilings

Features / Amenities

Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Stove
Unit Floor: 2
Amenities: Reserved/Assigned Parking
Exterior Spaces: Balcony
Type of Parking: Off Street, On Street
Air Conditioning: Central A/C
Primary Heat Type: Heat Pump(s)

Property Features

View: Street, Ocean
Assigned Parking Space Number(s): 207
Septic: Public Sewer
Water: Public
Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
Municipality: Ocean City

Tax and Financial Info

Property Taxes: $2,030 (paid Annually)
HOA: No
Condo Association: Yes
Condo Fee: $1,077 (paid Quarterly)
Fees Include: Common Area Maintenance, Ext Bldg Maint, Management

Schools

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7 40th St #207 Ocean City,  MD 21842
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7 40th St #207 Ocean City, MD 21842
 
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Listing Information Last Updated 2/23/2024
Listing provided courtesy of Seaside Resort Group, LLC.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Dave Whittington are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.