$3,373 Closing Credit¹
#MDWO2026340, Eileen F Bumba, Listing Office: Long & Foster Real Estate, Inc.
$275,000 List price
14 40th St Unit 302 Ocean City, MD 21842
$3,266
Closing credit¹
1 bed
1 full
616 sqft
$446 / sqft
Condo
Property details
About 14 40th St Unit 302
Welcome to your ocean block getaway! Introducing a charming fully furnished one bedroom condo that offers not just a place to stay but a slice of paradise in Ocean City. With one well appointed bathroom and new HVAC in 2022 comfort meets modern convenience in this delightful condo. Imagine starting your day with breathtaking ocean views on your private balcony as the waves set the perfect backdrop and ending it with amazing sunsets over the bay. This condo isn't just about beautiful views, it has one assigned covered parking spot, designated storage locker and an outdoor shower. Given its prime location, you are only a short stroll away from local attractions and entertainment. Thinking of an investment? This property is a proven performer, offering potential rental income thanks to its turnkey condition and sought after locale. This condo is the perfect blend of retreat and investment. Dive into your new life at the beach- sunshine and good times guaranteed!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingHeat Pump
Size616 sqft
Year built1983
ParkingAssigned, Parking Lot
MLS #MDWO2028534
Summary
- MLS Number: MDWO2028534
- MLS Name: BRIGHT
- Office Name: Berkshire Hathaway HomeServices PenFed Realty
- Office Phone: (410) 524-7000
- Office Email: oceancity@penfedrealty.com
- Listing Agent: Margaret Connors
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. 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. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$275,000
14 40th St Unit 302
$3,266
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 25, 2020 | Home Sold | $165,000 |
| May 14, 2013 | Home Sold | $124,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $141,267 | $1,684 |
| 2023 | $119,500 | $1,684 |
| 2022 | $119,500 | $1,688 |
| 2021 | $119,500 | $1,688 |
| 2020 | $119,500 | $1,688 |
| 2019 | $119,500 | $1,700 |
| 2018 | $119,500 | $1,688 |
| 2017 | $123,200 | $1,740 |
History based on county public records data.
Nearby schools
10
Ocean City Elementary School
Public District PK-4
2.4 mi
•12828 Center Dr
9
Showell Elementary School
Public District PK-3
6.8 mi
•11318 Showell School Rd
8
Berlin Intermediate School
Public District 4-6
8.0 mi
•309 Franklin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,474. Residents of Ocean City, MD typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
34%
<35k
43%
35k-100k
17%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
33%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Skiing/snowboarding
Where do the neighbors shop?
Stein Mart
Kmart
BJs Wholesale Club
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Panera
What do the neighbors drive?
Lexus
Buick
Infiniti
What do the neighbors listen to?
Oldies
Adult Hits
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Ocean City, MD
About 14 40th St Unit 302
This home is located at 14 40th St Unit 302 in Ocean City, MD and zip code 21842. This 616 square foot home was built in 1983. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $275,000.
While more than 10 listings in Ocean City, MD in January 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 37 were sold below. The number of listings in Ocean City, MD increased by 6.7% between December and January 2025. Listings spent 60 days on the market in January 2025, and had a median list price of $458,173 during the same period.
From Rocket Homes Real Estate and based on county public records data.