for sale

See all 8

for sale

8 photos

1 / 8

2 / 8

3 / 8

4 / 8

5 / 8

6 / 8

7 / 8

8 / 8

Est. $1,400/mo

$229,000

13 40th Street #7,Ocean City, MD 21842

beds

baths

416

sqft

1959

built

Overview

Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with offers 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! Central A/C and Heat. Close to main entertainment attractions! This condo brought in over $20,000 in rental income last year, making it an excellent opportunity for investors. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!

Listing updated: June 15, 2026 at 6:29 PM

Listed by:

Bret Davis (410) 677-0909, Keller Williams Realty Delmarva, Co-Listing Agent: Erik Burch (410) 253-7616, Keller Williams Realty Delmarva

Source: Bright MLS · MLS #MDWO2037466

Property details

Your cost estimate

Est. monthly payment

$1,400/mo

Principal & interest

$1,200

Property tax

$123

Home insurance (est.)

$76

Down payment

$45,80020% of list price

Adjust down payment20%

0%25%50%

Based on 20% down ($45,800), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Rates provided by Mable Loans.

Personalized Mortgage Summary

Price history

Date	Event	Price
May 7, 2026	Listed for sale	$229,000

Location

13 40th Street #7, Ocean City, MD 21842

Est. monthly payment

$1,400/mo

at 20% down · $229,000 list

Tour for free, no strings attached

Ask a question (703) 349-5477

Mable Loans · Equal Housing Lender
NMLS #1949497

Recently sold nearby

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

1/25

3 35th Street #302

Ocean City, MD

$615K

Sold Jul 10, 2026 · Listed $640K

2 bd2 ba912 sqft$702/sqft(+152%)

1/76

4201 Coastal Highway #203

Ocean City, MD

$189K

Sold Jul 7, 2026 · Listed $200K

0 bd1 ba380 sqft$526/sqft(-24%)

1/27

6 34th Street #152

Ocean City, MD

$330K

Sold Jun 28, 2026 · Listed $299K

1 bd1 ba464 sqft$644/sqft(+94%)

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.