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$279,950

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 416 Sq. Ft.
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Classic Ocean Block Beach Bungalow - The Olympic, 40th Street Step back to simpler times with this charming 1-bedroom, 1-bath beach bungalow located in the historic Olympic, built in 1959 and ideally situated on the ocean block of Coastal Highway at 40th Street. Featuring newer windows and an efficient mini-split system, this coastal retreat blends classic beach character with modern comfort. Perfectly positioned just seconds from the sand, and within short distance to the Ocean City Convention Center and a variety of popular restaurants, cafes, and local hotspots. When you're ready to slow down, simplify, and truly embrace the beach lifestyle, this is the perfect getaway to make your own.

Full Property Details for 17 40th St #16

General

  • Price: $279,950
  • HOA FEE: $168/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $1,481 (2025)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2034556
  • Updated: 12/17/2025
  • Added to Site: 75 day(s) ago

Interior

  • Interior Features: Entry Level Bedroom, Wood Floors, Window Treatments, Kitchen - Galley, Floor Plan - Open
  • Appliances: Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Furnished: Yes

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Main & Up: 1

Additional Information

  • Shared Amenities: None

Parking

  • Total Spaces: 1
  • Parking Features: Crushed Stone
  • Parking Type: Parking Lot, Off Street

Location

  • Area: Ocean Block (82)
  • Municipality: Ocean City
  • County: WORCESTER
  • Building Name: Olympic
  • Driving Directions: From Coastal Highway turn onto 40th Street - Oceanside - building immediately on your left.
  • Location Details: Oceanblock
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools
  • Elementary School: Ocean City
  • Middle School: Stephen Decatur
  • High School: Stephen Decatur

Community

  • Assoc. Fees Include: Common Area Maintenance
  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Coastal, Unit/Flat
  • Structure Type: Garden 1 - 4 Floors
  • Construction: Stick Built
  • Foundation: Block
  • Roof: Shingle
  • Windows: Double Hung
  • Entry Floor Number: 1
  • Stories Description: Main
  • Square Feet: 416
  • Sq. Ft. Source: Assessor
  • Living Area: 416 Sq. Ft.
  • Finished Above Grnd: 416 Sq. Ft.
  • Year Built: 1959
  • Year Built Source: Assessor

Lot Features

  • Zoning: R-3
  • Lot Description: Backs - Open Common Area

Financial Considerations

  • Price Per Sq. Ft.: $672.96
  • Condo Fee: $503
  • Condo Fee Freq: Quarterly
  • Assessment Year: 2025
  • City/TownTax: $478
  • City/TownTax Freq: Annually
  • County Tax: $881
  • County Tax Freq: Annually
  • Tax w/Assessment: $108,100
  • Tax Amount: $1,481
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 416

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Lot Number: 16

Listed by Keller Williams Realty, R. Erik Windrow

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Listing agent

— 17 40th St #16 —

  • R. Erik Windrow

    Keller Williams Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 17 40th St #16

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-42.4 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-68 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-86.8 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-126.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 17 40th St #16 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/03/2025
Listed
$279,950
197.82%
MLS
6/19/2015
Sold
$94,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 17 40th St #16

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,290
—
$108,100
18%
2023
$1,290
—
$91,500
—
2021
$1,293
4%
$91,500
4%
2020
$1,246
5%
$87,600
5%
2019
$1,182
5%
$83,700
5%
2018
$1,127
7%
$79,800
7%
2017
$1,054
8%
$74,267
8%
2016
$979
15%
$68,733
9%
2015
$855
—
$63,200
—
2014
$856
—
$63,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 17 40th St #16

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty, R. Erik Windrow

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17 40th Street #16, Ocean City, MD 21842 (MLS# MDWO2034556) is a Condo property with 1 bedroom and 1 full bathroom. 17 40th Street #16 is currently listed for $279,950 and was received on November 03, 2025. Want to learn more about 17 40th Street #16? Do you have questions about finding other Condo real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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