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$259,900

  • For Sale
  • Under Contract
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 588 Sq. Ft.
  • 1 Car Garage
  • Updated 15 hours ago
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Price Reduced!! The perfect place at the beach, A Place in the Sun #308 is located on 40th Street ocean block, walk to the beach in a few minutes! This 1 Bedroom, 1 full bath top floor unit features a front balcony where you can enjoy the ocean views and another rear balcony for additional outdoor space. The unit has 2 sliding glass doors, ceramic tile flooring, recessed lighting, 2 ceiling fans, granite counter tops, backsplash tile, upgraded kitchen cabinets, stainless steel kitchen appliances, bathroom with ceramic walk in shower, bedroom with built in storage, a closet and washer and dryer, covered assigned parking space, furniture in the property is included in the sale. (Sofa is a pull out bed and bedroom has a queen bed) Move in ready with all the furnishings ! OWNER JUST INSTALLED A BRAND NEW HVAC SYSTEM ON 8/4/2025 AMERICAN STANDARD 2.0 TON 14 SEER UNIT, BUILDING IS IN GOOD STANDING WITH NO ASSESSMENTS, NO RENTAL RESTRICTIONS

Full Property Details for 7 40th #308

General

  • Price: $259,900
  • HOA FEE: $359/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,509 (2024)
  • Status: Under Contract
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2030786
  • Updated: 12/17/2025
  • Added to Site: 248 day(s) ago

Interior

  • Interior Features: Built-Ins, Ceiling Fan(s), Dining Area
  • Appliances: Dishwasher, Dryer, Microwave, Stainless Steel Appliances, Refrigerator, Stove, Washer
  • 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

Other Rooms

  • Laundry: Washer In Unit, Dryer In Unit

Additional Information

  • Shared Amenities: Reserved/Assigned Parking

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Assigned Spaces: 1
  • Total Spaces: 1
  • Parking Features: Assigned
  • Parking Type: Parking Garage
  • Garage Description: Covered Parking

Location

  • Area: Ocean Block (82)
  • Municipality: Ocean City
  • County: WORCESTER
  • Building Name: A Place In The sun
  • Driving Directions: Coastal Highway to 40th Street, Ocean Block
  • City Limits: Yes

School Information

  • School District: Worcester County Public Schools

Community

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

Heating & Cooling

  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Unit/Flat
  • Structure Type: Garden 1 - 4 Floors
  • Construction: Vinyl Siding
  • Entry Floor Number: 3
  • Stories Description: Main
  • Square Feet: 588
  • Sq. Ft. Source: Assessor
  • Living Area: 588 Sq. Ft.
  • Finished Above Grnd: 588 Sq. Ft.
  • Year Built: 1972
  • Year Built Source: Assessor
  • Property Condition: Very Good

Lot Features

  • Property View: Ocean
  • Zoning: R-3

Water Features

  • Water View: Yes
  • Water Front Type: Ocean

Financial Considerations

  • Price Per Sq. Ft.: $442.01
  • Condo Fee: $1,077
  • Condo Fee Freq: Quarterly
  • Assessment Year: 2025
  • City/TownTax: $793
  • City/TownTax Freq: Annually
  • County Tax: $1,515
  • County Tax Freq: Annually
  • Tax w/Assessment: $214,600
  • Tax Amount: $2,509
  • Tax Year: 2024
  • Tax Total Finished Sq. Ft.: 588

Disclosures and Reports

  • Ownership: Condominium
  • Condo: Yes
  • Exclusions: Area rug and ottoman
  • Inclusions: Being sold with the furniture and any kitchen supplies that are in the property.
  • Lot Number: 308

Listed by NOVA Brokers, LLC., Lucia Ferrante

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Listing agent

— 7 40th #308 —

  • Lucia Ferrante

    NOVA Brokers, LLC.

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 7 40th #308

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-42.5 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-68.1 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
9-126.8 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 7 40th #308 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Price Reduced
$259,900
-1.89%
MLS
11/09/2025
Price Reduced
$264,900
-1.85%
MLS
10/23/2025
Price Reduced
$269,900
-1.82%
MLS
10/13/2025
Price Reduced
$274,900
-3.51%
MLS
10/02/2025
Price Reduced
$284,900
-1.72%
MLS
9/02/2025
Price Reduced
$289,900
-3.33%
MLS
6/05/2025
Price Reduced
$299,900
-1.67%
MLS
5/13/2025
Listed
$305,000
38.64%
MLS
6/24/2006
Sold
$220,000
—
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 7 40th #308

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,030
—
$214,600
49%
2023
$2,030
—
$144,000
—
2021
$2,035
-1%
$144,000
—
2020
$2,049
1%
$144,000
—
2019
$2,034
-10%
$144,000
-10%
2018
$2,267
3%
$160,500
4%
2017
$2,201
3%
$155,000
4%
2016
$2,130
9%
$149,500
4%
2015
$1,947
—
$144,000
—
2014
$1,950
—
$144,000
—
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 7 40th #308

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

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NMLS#: 1598647

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Listed by NOVA Brokers, LLC., Lucia Ferrante

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7 40th #308, Ocean City, MD 21842 (MLS# MDWO2030786) is a Condo property with 1 bedroom and 1 full bathroom. 7 40th #308 is currently listed for $259,900 and was received on May 13, 2025. Want to learn more about 7 40th #308? 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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