About This Home

This 3-bedroom, 2-bathroom condo at 15 42ND Street in Ocean City, MD is listed for $489,900 ($454 per sqft). Built in 1971, the home offers 1,080 sqft of living space on a N/A lot.

Key Features

  • Built in 1971
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
#1W
1971

Amenities

A/C
Listing Description

Look no further, this beautifully updated 3-bedroom, 2-bath ocean block condo offers the perfect blend of coastal comfort, convenience, and strong rental potential. Ideally located just half a block from the beach, this midtown gem places you within easy reach of everything Ocean City has to offer.

Step outside and enjoy quick access to the beach, or take a short walk to the Ocean City Convention Center, Boardwalk, amusement park, restaurants, grocery stores, and public transportation. Whether you're heading out for a morning coffee, an evening stroll, or a full day of entertainment, everything is right at your fingertips.

Inside, the condo has been thoughtfully updated with a modern coastal feel. Features include stainless steel appliances, custom cabinetry, and luxury vinyl plank flooring throughout, creating a clean, durable, and stylish living space designed for both relaxation and easy maintenance.

The open layout enhances natural light and provides a comfortable flow for everyday living and entertaining. Two assigned parking spaces offer a rare and valuable convenience in this highly desirable midtown location, perfect for owners and guests alike.

The property is currently enrolled in a rental management program and offers established rental income potential. 2026 rental reservations must be honored, providing immediate continuity for investors seeking a turnkey opportunity. Whether you're looking for a strong investment property, a vacation retreat, or a primary residence by the beach, this condo checks all the boxes. Don't miss your chance to own in one of Ocean City's most sought-after locations, this one truly may be the perfect fit.

Monthly Cost Estimate

$4,120/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,123
Insurance$143
HOA$1,500

Estimates only. Actual payments may vary.

Location

15 42ND Street

Ocean City, MD 21842

NONE AVAILABLE

Features & Amenities

Interior Features

Bathroom - Tub ShowerBathroom - Stall ShowerBathroom - Walk-In ShowerBreakfast AreaCombination Dining/LivingCombination Kitchen/DiningEntry Level BedroomFamily Room Off KitchenFloor Plan - OpenKitchen - IslandPantryPrimary Bath(s)Recessed LightingWindow Treatments

Property Details

Construction

Block Concrete

Parking

Parking Lot

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

Built-In MicrowaveDishwasherDisposalDryerExhaust FanRefrigeratorStoveStainless Steel AppliancesWasherWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom condo at 15 42ND Street is listed at $489,900 ($454/sqft). The estimated monthly payment is $4,120 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1500/month.

Key features include: Built in 1971, 2 parking spaces. Interior Features: Bathroom - Tub Shower, Bathroom - Stall Shower, Bathroom - Walk-In Shower.

This property is listed by Carol Proctor and can be reached at 4435670650.

CP

Carol Proctor

Agent at Berkshire Hathaway HomeServices PenFed Realty

(443) 567-0650

Listed by Berkshire Hathaway HomeServices PenFed Realty · View on Broker Site

MLS# MDWO2039552· Source: listhub· 1 day on market

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

15 42ND Street, Ocean City, MD 21842

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