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Est. $1,278/mo

$205,000

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

beds

baths

304

sqft

1940

built

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 20, 2026 at 3:37 PM

Listed by:

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

Source: Bright MLS · MLS #MDWO2039074

Property details

Your cost estimate

Est. monthly payment

$1,278/mo

Principal & interest

$1,075

Property tax

$135

Home insurance (est.)

$68

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.

Personalized Mortgage Summary

Price history

Date	Event	Price
Jun 11, 2026	Listed for sale	$205,000
Jun 7, 2024	Sold	$170,000

Location

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

Est. monthly payment

$1,278/mo

at 20% down · $205,000 list

Tour for free, no strings attached

Ask a question (703) 349-5477

Mable Loans · Equal Housing Lender
NMLS #1949497

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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.