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$299,990 Coming Soon
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Property Description
Wake up to the sound of the surf and the sight of the ocean from your OCEAN BLOCK beach retreat in Midtown OC. This bright and open FULLY FURNISHED 1-bed/1-full bath offers modern touches throughout, perfect for effortless weekends by the water. Sip your morning coffee on the front balcony with ocean views, then unwind on the rear balcony that captures the warm afternoon sun. Major updates include 2018 HVAC, water heater, flooring, and kitchen renovation, plus a new rear slider in 2023, making this an easy turn-key option. Enjoy the convenience of 1 assigned parking space in building lot, with plenty of on-street parking nearby for guests. Looking for a personal getaway or a savvy rental investment? This condo checks every box...fully furnished, no rental restrictions, strong location, and restaurants, bars, and beach fun all just moments away. Start living the Ocean City beach lifestyle you've been dreaming of!
Full Property Details
Full Property Details for 7 40th St #307
General
- Price: $299,990
- HOA FEE: $359/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,939 (2025)
- Status: Coming Soon
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2036426
- Updated: 2/19/2026
- Added to Site: 2 day(s) ago
- Expected Market Date: 3/6/2026
Interior
- Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
- 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: Dryer In Unit, Washer In Unit
Additional Information
- Shared Amenities: Reserved/Assigned Parking
- Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)
Exterior
- Exterior Features: Exterior Lighting, Sidewalks, Street Lights
- Porch/Patio/Deck: Balconies- Multiple
Parking
- Assigned Spaces: 1
- Parking Features: Assigned
- Parking Type: On Street, Parking Lot, Off Street
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: WORCESTER
- Building Name: A Place In The sun
- Driving Directions: From Coastal Hwy turn onto 40th St. Building is on right.
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Community
- Assoc. Fees Include: Insurance, Management, Cable TV
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- 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
Lot Features
- Property View: Ocean
- Zoning: R-3
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $510.19
- Condo Fee: $1,077
- Condo Fee Freq: Quarterly
- Assessment Year: 2025
- City/TownTax: $949
- City/TownTax Freq: Annually
- County Tax: $1,749
- County Tax Freq: Annually
- Tax w/Assessment: $214,600
- Tax Amount: $2,939
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 588
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Exclusions: Small wall pictures in living room & bedroom bedding
- Inclusions: Sold furnished
- Lot Number: 307
Listed by Cummings & Co. Realtors, Darlene L Wise
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Schools
Schools serving 7 40th St #307
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 2.5 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 | 6.8 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 St #307
Date
Details
Price
Change
Source
2/19/2026
Listed
$299,990
—
MLS
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 7 40th St #307
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
Estimate the Cost for 7 40th St #307
7 40th Street #307, Ocean City, MD 21842 (MLS# MDWO2036426) is a Condo property with 1 bedroom and 1 full bathroom. 7 40th Street #307 is currently listed for $299,990 and was received on February 19, 2026. Want to learn more about 7 40th Street #307? 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.

