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$250,000
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Property Description
This beautiful 1 bed 1 bath condo on 40th street is centrally located to almost everything; Seacrets, Macky's, Fager's Island and other local amenities. Less than one block to the sand, unit 114 is on the first floor of Coastal Point II and is awaiting your arrival. With an amazing rental history, updated cabinetry, updated spa like bathroom shower, stylish decor, updated LVP flooring, this home is move in ready. Relax on hot beach days or watch bayside sunsets from the front balcony. Perfect location for car shows, directly across the street from the convention center, and an abundance of free parking. Condo is being sold fully furnished and will transfer all bath towels and bed linens to the next owner. Generating approximately $21,000 gross yearly rental income (rented May-October) over the last 5 years, this is a great opportunity to make passive income or the perfect second home.
Full Property Details
Full Property Details for 4000 Coastal Hwy #114
General
- Price: $250,000
- HOA FEE: $267/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,426 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2040592
- Updated: 9/30/2026
- Added to Site: 49 day(s) ago
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
- Parking Type: Parking Lot
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: WORCESTER
- Subdivision: OCEAN'S POINT
- Building Name: Ocean Point II
- Driving Directions: Turn onto 41st street from coastal highway, then building will be located on your right, OCEAN POINT II
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Insurance, Management, Reserve Funds
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Coastal
- Structure Type: Garden 1 - 4 Floors
- Construction: Mixed
- Entry Floor Number: 2
- Stories Description: Main
- Square Feet: 616
- Sq. Ft. Source: Assessor
- Living Area: 616 Sq. Ft.
- Finished Above Grnd: 616 Sq. Ft.
- Year Built: 1983
- Year Built Source: Assessor
Lot Features
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $405.84
- Condo Fee: $800
- Condo Fee Freq: Quarterly
- Assessment Year: 2026
- City/TownTax: $783
- City/TownTax Freq: Annually
- County Tax: $1,444
- County Tax Freq: Annually
- Tax w/Assessment: $206,300
- Tax Amount: $2,426
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 616
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Lot Number: 114
Listed by Corner House Realty, Ryan W Eby
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Schools
Schools serving 4000 Coastal Hwy #114
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 2.4 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 6.8 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4000 Coastal Hwy #114
Date
Details
Price
Change
Source
9/30/2026
Price Reduced
$250,000
-3.85%
MLS
8/21/2026
Listed
$260,000
48.66%
MLS
1/15/2021
Sold
$174,900
—
Public Record
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
Tax History for 4000 Coastal Hwy #114
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,796
67%
$206,300
16%
2023
$1,675
—
$177,133
20%
2023
$1,675
—
$147,967
25%
2023
$1,675
—
$118,800
—
2021
$1,679
2%
$118,800
3%
2020
$1,646
3%
$115,733
3%
2019
$1,592
3%
$112,667
3%
2018
$1,548
—
$109,600
1%
2017
$1,547
—
$109,000
1%
2016
$1,545
6%
$108,400
1%
2015
$1,458
—
$107,800
—
2014
$1,460
—
$107,800
—
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
Estimate the Cost for 4000 Coastal Hwy #114
4000 Coastal Highway #114, Ocean City, MD 21842 (MLS# MDWO2040592) is a Condo property with 1 bedroom and 1 full bathroom. 4000 Coastal Highway #114 is currently listed for $250,000 and was received on August 21, 2026. Want to learn more about 4000 Coastal Highway #114? 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.

