205 5th St #41
Ocean City, MD 21842
For more information on this listing, contact us at: (443) 552-7579
Active
$205,000
205 5th St #41 Ocean City, MD 21842
Condo
Property Type
1
Beds
1
Baths
304
Sq. Ft.
1940
Year Built
Worcester
County
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.
MLS #
MDWO2039074
Monthly HOA
N/A
On Site
39 Days
Last Updated
6/20/2026
Location
Contact Agent
Client Care Team
(443) 552-7579Property Details
Community Information
Address
205 5th St #41, Ocean City, MD 21842
Area
Ocean Block (82)
County
Worcester
City
Ocean City
School System
Worcester County Public Schools
Zip Code
21842
Building Name
Parrot Bay
Architecture
Unit Number
#41
Bedrooms
1
Bathrooms
1
Year Built
1940
Stories
1
Style
Bungalow
Construction Materials
Combination
Unit Building Type
Garden 1 - 4 Floors
Features / Amenities
Amenities
Swimming Pool, Pool - Outdoor
Type of Parking
Off Site
Cooling
Window Unit(s)
Heating
Baseboard - Electric
Hot Water
Electric
Property Features
Lot Dimensions
0.00 x 0.00
Off Site Parking - # of Spaces
1
Sewer
No Septic System, Public Sewer
Water Source
Public
Municipality
Ocean City
Zoning
R2
Directions
Turn right off coastal highway onto 5th street, go one half block and the parking lot is located on your left. Once parked, go under the pink flowers and up the stairs to unit 41
Tax and Financial Info
Tax Year
2025
Total Taxes
$1,621 (paid Annually)
Association Fee Includes
Reserve Funds, Insurance, Common Area Maintenance, Cable TV
Condo Association
Yes
Condo Fee
$527 (paid Quarterly)
Pets Allowed
No Pet Restrictions
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Schools
Walking and Transportation
Please wait while loading...
Schedule a Tour
ASAP
Mon
20
Jul
Tue
21
Jul
Wed
22
Jul
Thu
23
Jul
Fri
24
Jul
Sat
25
Jul
Sun
26
Jul
Scheduling is free, and you can cancel anytime.
Similar Listings
Similar Recently Sold Listings
Listing Information Last Updated 6/20/2026
Listing provided courtesy of Ryan Eby, Corner House Realty.
The information being provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. Coastal Life Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coastal Life Realty Group, a broker participant of Bright MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2026 Bright MLS. All rights reserved.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2026 Bright MLS. All rights reserved.
