$474,900

406 15th St Unit 1 Ocean City, MD 21842

$5,639
Closing credit¹
2 beds
2 full
858 sqft
$554 / sqft
Condo

Property details

About 406 15th St Unit 1

Wow! Recently adjusted price on this beautiful waterfront renovated condo! The waterview down Butterfish Cove is one of the most impressive you'll find in town! Come see this adorable condo on 15th St. bayside! The beach and boardwalk are just two blocks away, and there's a boat slip that has an existing jetski floating dock in it. The condo is located on the first-floor, and has 2 bedroom/2 baths. It was fully (and tastefully) renovated in '21 and has so much to offer. Blue Lagoon is a smaller, 2-story, 10-unit complex located waterfront on Butterfish Cove and offers waterfront deck for outdoor enjoyment and sunsets. Inside the flooring is easy maintenance LVP throughout, the kitchen is bright and cheery with quartz counters, shiplap accents on the walls, and a convenient dry-bar area off kitchen. A laundry closet contains a full-size washer/dryer, and the unit offers energy-efficient mini-splits in every room! Being sold fully furnished, the condo has been a self managed rental on Airbnb in past years, but there are no rentals on the books for the upcoming summer season. One assigned parking spot in lot, but additional guest spot available first-come, first-serve. Located right next to the famous White Marlin Open, you'll enjoy bike rides on the boards, and walks to local favorite hotspots like the Reel Inn! The self managed association completed their reserve study, and the stairwells were replaced in 2024.

Highlights

Home typeCondominium
HeatingOther
StatusActive
(ACTIVE)
Size858 sqft
Year built1971
ParkingPaved Parking, Parking Lot
MLS #MDWO2030168
ViewCanal

Summary

  • Full Bathrooms: 2
  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer, Water Heater
  • Basement: No
  • Interior: Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Total Bedroom Count: 2
  • Parking: Paved Parking, Parking Lot
  • View: Canal
  • Architectural Style: Unit/Flat
  • Heating: Other
  • List Price: $474,900
  • Price/SqFt: $553
  • Annual Tax Amount: $2,599
  • Tax Year: 2024
  • Directions: From Coastal Highway, take 15th St west. Building on right.
  • Year Built: 1971
  • Stories: 1
  • Living Area: 858 SqFt
  • Municipality: Ocean City
  • MLS Number: MDWO2030168
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Realty Delmarva
  • Office Phone: (410) 524-6400
  • Office Email: lwbunting@comcast.net
  • Listing Agent: Lauren W. Bunting
  • Agent Phone: (410) 422-9899
  • Agent Email: lwbunting@comcast.net

IDX 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: 6/7/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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406 15th St Unit 1, Ocean City, MD 21842 - view of dock with a residential view and a water view

$474,900

406 15th St Unit 1

$5,639

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 08, 2002
Home Sold
$170,000

Tax history

YearAssessmentProperty Tax
2024$214,433$2,599
2023$184,400$2,599
2022$184,400$2,605
2021$184,400$2,605
2020$184,400$2,605
2019$172,667$2,456
2018$160,933$2,273
2017$149,200$2,107

History based on county public records data.

Nearby schools

10

Ocean City Elementary School

Public District PK-4

1.3 mi

12828 Center Dr

9

Showell Elementary School

Public District PK-3

6.6 mi

11318 Showell School Rd

8

Berlin Intermediate School

Public District 4-6

7.0 mi

309 Franklin Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,076. Most Ocean City, MD residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

33%
<35k
38%
35k-100k
20%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
22%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Ocean City, MD

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

About 406 15th St Unit 1

The listing price of 406 15th St Unit 1 property is $474,900.

The property 406 15th St Unit 1 is a condo located in Ocean City, Maryland, 21842.

Active Listing: 406 15th St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 406 15th St Unit 1 are: Ocean City Elementary School (GreatSchools Rating 10/10), Showell Elementary School (GreatSchools Rating 9/10), Berlin Intermediate School (GreatSchools Rating 8/10), Stephen Decatur Middle School (GreatSchools Rating 10/10), Selbyville Middle School (GreatSchools Rating 5/10), Southern Delaware School of the Arts (GreatSchools Rating 8/10), Stephen Decatur High School (GreatSchools Rating 5/10), Indian River High School (GreatSchools Rating 5/10), Snow Hill High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $2,599 (source: MLS/based on county public records data).

The last sale was on October 8, 2002 for $170,000 (source: MLS/tax record).

The property at 406 15th St Unit 1 has 2 bedrooms and 2 bathrooms.

The property 406 15th St Unit 1 is 858 SqFt (source: MLS/tax record).

The year of construction for 406 15th St Unit 1 is 1971.

This home is located at 406 15th St Unit 1 in Ocean City, MD and zip code 21842. This 858 square foot home was built in 1971. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $474,900.

The number of listings in Ocean City, MD increased by 29.5% between April and May 2025. Listings spent 105 days on the market in May 2025, and had a median list price of $473,566 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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