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1 Bed
1 Bath
304 sqft

$205,000

205 5TH STREET Unit: 41, OCEAN CITY MD, 21842

Price per sqft$674.34
Built in1940
Property size304 sqft
Property typeCondominium

Overview

Active

Active-bright

Listed Jun 11, 2026

Updated 7 days ago

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.

$1,364/mo

Est. mortgage payment based on a $205,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MDWO2039074

Interior Features

Bedrooms
1
Bathrooms
1
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,621
Tax Frequency
Annually
Secondary Association Fee
$527
Secondary Association Fee Frequency
Quarterly
55+/Senior Community
No
MLS provider logo

Listed by Corner House Realty
Listing Contact: 4435386512 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2026 at 11:48 PM UTC

 

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