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$440,000
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Property Description
Wow- move fast! Big price adjustment 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.
Full Property Details
Full Property Details for 406 15th St #1
General
- Sold For: $440,000
- Taxes: $3,001 (2024)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2030168
- Added to Site: 274 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Combination Kitchen/Living, Dining Area, Floor Plan - Open, Recessed Lighting, Upgraded Countertops, Window Treatments
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Washer, Washer - Front Loading, Water Heater
- Furnished: Yes
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Pier/Dock
Exterior
- Porch/Patio/Deck: Deck(s)
Parking
- Total Spaces: 1
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Bayside Waterfront (84)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: Blue Lagoon
- Driving Directions: From Coastal Highway, take 15th St west. Building on right.
- Location Details: Canal
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Unit/Flat
- Architectural Style: Unit/Flat
- Structure Type: Garden 1 - 4 Floors
- Construction: Stick Built, Vinyl Siding
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 858
- Sq. Ft. Source: Assessor
- Living Area: 858 Sq. Ft.
- Year Built: 1971
- Year Built Source: Assessor
Lot Features
- Property View: Canal
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-2
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Front Type: Canal
Financial Considerations
- Price Per Sq. Ft.: $524.36
- Assessment Year: 2025
- City/TownTax: $949
- City/TownTax Freq: Annually
- County Tax: $1,812
- County Tax Freq: Annually
- Tax w/Assessment: $244,467
- Tax Amount: $3,001
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 858
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: All bedding and towels.
- Inclusions: Sold fully furnished
- Lot Number: 1
Listed by Keller Williams Realty Delmarva, Lauren W. Bunting
Sold by EXP Realty, LLC, JASON MICHEAL DUCKWORTH
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Schools
Schools serving 406 15th St #1
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 1.4 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 7.1 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 5.8 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 5.9 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 406 15th St #1
Date
Details
Price
Change
Source
8/08/2025
Sold
$440,000
-2.2%
MLS
6/23/2025
Price Reduced
$449,900
-5.26%
MLS
5/20/2025
Price Reduced
$474,900
-5%
MLS
4/18/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
406 15th Street #1, Ocean City, MD 21842 (MLS# MDWO2030168) is a Condo property that was sold at $440,000 on August 08, 2025. Want to learn more about 406 15th Street #1? 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.

