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405 Philadelphia Avenue, Unit 26, Ocean City, MD 21842

$699,900
  • 405 Philadelphia Avenue, Unit 26, Ocean City, MD 21842 Main Photo

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Price Reduced $50,000 on October 6th, 2026
BEDS3 BATHS2 full SQUARE FEET2,080 MLS#MDWO2040626
STATUSACTIVE PROPERTY TYPEResidential - Single Family SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

Property Description

HUGE PRICE REDUCTION!! This beautifully renovated 3-bedroom, 2-bath single-family home is ideally located on 5th Street in the heart of downtown Ocean City. Completely remodeled in 2018, including fixtures, appliances, and major systems (HVAC, Electric, Plumbing), the home also features an encapsulated crawl space, is offered fully furnished, and includes access to a community pool. With approximately $80,000 in gross annual rental income, this turnkey property offers excellent investment potential while also making a perfect coastal getaway. Enjoy a prime location close to the beach, boardwalk, dining, shopping, and entertainment, Concerts, festivals with everything Ocean City has to offer just minutes away. Don't miss out on this amazing opportunity!

405 Philadelphia Avenue, Unit 26 | MLS# MDWO2040626

This single family home located at 405 Philadelphia Avenue, Unit 26, Ocean City, MD 21842 is currently listed for sale with an asking price of $699,900. This property was built in 1940 and has 3 bedrooms and 2 full baths with 2080 sq. ft. Philadelphia Avenue, Unit 26 is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.hsvtours.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central A/C, Ductless/Mini-Split
Fuel Type: Electric
Heating: Central
Home Style: Coastal
Lot Size: 0.00 Acre(S)
Roof Type: Architectural Shingle
Stories: 2.0
Taxes: $5,237
Year Built: 1940

Feature Descriptions

Accessibility: Level Entry - Main
Additional Structures: Above Grade, Below Grade
Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Icemaker, Microwave
Building Name: Parrot Bay
Exterior: Vinyl Siding
Exterior: Exterior Lighting
Flooring: Vinyl
HOA Fee: $2191.00/Quarterly
Interior: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Recessed Lighting
Lot Dimensions: 0.00 Acre(S)
Municipality: Ocean City
Parking Features: Assigned
Parking Notes: 1 Total Parking Spaces
Pet Restrictions: No Pet Restrictions
Sewer: Public Sewer
SQFT Above Finished: 2080
SQFT Total Finished: 2080
Structure Type: Detached
Total Garage/Parking Spaces: 1
Utilities: Cable TV
Water: Public

Local Schools

High School: STEPHEN DECATUR
Middle School: STEPHEN DECATUR
Elementary School: OCEAN CITY
School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: ERA Martin Associates, Shamrock Division
Agency Phone: 4106415000

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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Estimated Payment

$ 2,198.23 per month $1,557.67 Principal & Interest $436.42 Property Tax $204.14 Homeowner's Insurance

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