7 40th St #207

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

Nicholas Bobenko

(443) 614-9179
 
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Status: Active
Property Type:Condo
MLS #:MDWO2016574
Sq. Feet:588
On Site:139 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
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
County:Worcester
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
Unit Building Type: Garden 1 - 4 Floors
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

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7 40th St #207 Ocean City,  MD 21842
GO SEE THIS LISTING
7 40th St #207 Ocean City, MD 21842
 
ASAP
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Listing Information Last Updated 3/5/2024
Listing provided courtesy of Michael Maykrantz, Seaside Resort Group, LLC.
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