205 5th St Unit 41

Ocean City, MD 21842
  • $205,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 304

    SqFt

About the Listing CORNH1 - 3286444

This is an amazing one-bedroom unit in the heart of downtown that won't disappoint. If you're looking for your next hideaway in ocean city to vacation or you're looking for a powerhouse income producing unit, you have arrived. Walking distance to the beach, boardwalk and all local attractions; this home is central to everything. Over the last two years this unit has grossed (on average) $22,000 each summer and can produce even more if operated during the winter as an off-season rental. Recently updated with new furniture, paint and staging, this gem can comfortably sleep 5 adults. The home has a full kitchen, a large shower and a recently updated exterior space. Stairs and deck have been rebuilt using Trex decking and provide a quiet private space to rest once you have walked off the beach. There is nothing on the market at this price that can compare.

Listing Highlights

Status Active
Days on Site 8
Property Type Condo
MLS ® MDWO2039074
Year Built 1940
Total Square Footage 304
Lot/Acreage 0.00 x 0.00
County Worcester
Building Name Parrot Bay
Neighborhood None Available
HOA Dues 527/Quarterly

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 304
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: No Pet Restrictions,Pets Allowed,Main Floor Bedrooms: 1
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R2
  • Roof:
  • Others: Swimming Pool,Pool - Outdoor,Reserve Funds,Insurance,Common Area Maintenance,Cable TV
  • Sewer: No Septic System,Public Sewer
  • Parking Features: Off Site,1+ Spaces

Financial Details

  • Tax Amount: $1,621
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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Questions About..

205 5th St Unit 41 Ocean City, MD 21842

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Originating MLS: BRIGHT_MAIN

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