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$749,900 Coming Soon

  • For Sale
  • Coming Soon
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,080 Sq. Ft.
  • Updated 12 hours ago
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This beautifully renovated 3-bedroom, 2-bath single-family home is ideally located on 5th Street in the heart of downtown Ocean City. Completely remodeled in 2018, including fixtures, appliances, and major systems, the home also features an encapsulated crawl space, is offered fully furnished, and includes access to a community pool. With approximately $80,000 in gross annual rental income, this turnkey property offers excellent investment potential while also making a perfect coastal getaway. Enjoy a prime location close to the beach, Boardwalk, dining, shopping, and entertainment, with everything Ocean City has to offer just minutes away. Don't miss out on this amazing opportunity!

Full Property Details for 405 Philadelphia Ave #26

General

  • Price: $749,900
  • HOA FEE: $730/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $5,237 (2025)
  • Status: Coming Soon
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2040626
  • Updated: 8/27/2026
  • Added to Site: 1 day(s) ago
  • Expected Market Date: 9/8/2026

Interior

  • Interior Features: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Recessed Lighting
  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Icemaker, Microwave
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Additional Information

  • Shared Pool: Yes
  • Pool: Yes
  • Security/Safety: 24 hour security

Exterior

  • Exterior Features: Exterior Lighting

Parking

  • Assigned Spaces: 1
  • Total Spaces: 1
  • Parking Features: Assigned
  • Parking Type: Parking Lot

Location

  • Area: Bayside Interior (83)
  • Municipality: Ocean City
  • County: WORCESTER
  • Building Name: Parrot Bay
  • Driving Directions: From 90 Bridge - Right into Parrot Bay Community before Mitchell's Market - House is Right on Coastal Highway next to Mitchell's Market
  • Direction Faces: East
  • City Limits: Yes

School Information

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

Community

  • Association: Yes
  • Assoc. Name: PELICAN PROPERTY MGMT
  • Assoc. Fees Include: Common Area Maintenance, Trash, Water, Parking Fee, Management, Lawn Maintenance, Pool(s)
  • Pets Allowed: Yes
  • Pets: No Pet Restrictions

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV

Structural Information

  • Architectural Style: Coastal
  • Structure Type: Detached
  • Construction: Vinyl Siding
  • Foundation: Block
  • Roof: Architectural Shingle
  • Walls/Ceilings: Dry Wall, Vaulted Ceilings
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Stories Description: Main
  • Square Feet: 2,080
  • Sq. Ft. Source: Assessor
  • Living Area: 2,080 Sq. Ft.
  • Finished Above Grnd: 2,080 Sq. Ft.
  • Year Built: 1940
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • Unit Floor in Bldg.: 2

Lot Features

  • Lot Size (Sq. Ft.): 1
  • Lot Size Source: Assessor
  • Zoning: R

Financial Considerations

  • Price Per Sq. Ft.: $360.53
  • Association Fee: $2,191
  • Assoc Fee Freq.: Quarterly
  • Other Fee: $841
  • Other Fee Freq.: Quarterly
  • Assessment Year: 2026
  • City/TownTax: $1,692
  • City/TownTax Freq: Annually
  • County Tax: $3,116
  • County Tax Freq: Annually
  • Tax w/Assessment: $478,400
  • Tax Amount: $5,237
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 2080

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Personal Items
  • Lot Number: 26

Listed by ERA Martin Associates, Shamrock Division, Brittani Phillips

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Listing agent

— 405 Philadelphia Ave #26 —

  • Brittani Phillips

    ERA Martin Associates, Shamrock Division

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 405 Philadelphia Ave #26

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-41.4 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-85.7 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-125.7 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 405 Philadelphia Ave #26 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/27/2026
Listed
$749,900
316.61%
MLS
6/24/2016
Sold
$180,000
—
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 405 Philadelphia Ave #26

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,221
95%
$478,400
25%
2023
$2,682
—
$382,367
101%
2023
$2,682
—
$190,300
—
2021
$2,689
12%
$190,300
13%
2020
$2,401
15%
$168,767
15%
2019
$2,080
17%
$147,233
17%
2018
$1,776
-1%
$125,700
—
2017
$1,785
—
$125,700
—
2016
$1,791
-6%
$125,700
-11%
2015
$1,901
—
$140,600
—
2014
$1,904
—
$140,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by ERA Martin Associates, Shamrock Division, Brittani Phillips

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405 Philadelphia Avenue #26, Ocean City, MD 21842 (MLS# MDWO2040626) is a Single Family property with 3 bedrooms and 2 full bathrooms. 405 Philadelphia Avenue #26 is currently listed for $749,900 and was received on August 27, 2026. Want to learn more about 405 Philadelphia Avenue #26? Do you have questions about finding other Single Family 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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