About This Home

This 3-bedroom, 2-bathroom single family at 405 PHILADELPHIA Avenue #26 in Ocean City, MD is listed for $699,900 ($336 per sqft). Built in 1940, the home offers 2,080 sqft of living space on a N/A lot.

Key Features

  • Built in 1940
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
2 full
1 space
#26
1940

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$5,934/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204
HOA$2,191

Estimates only. Actual payments may vary.

Location

405 PHILADELPHIA Avenue #26

Ocean City, MD 21842

NONE AVAILABLE

Features & Amenities

Interior Features

Bathroom - Tub ShowerBathroom - Walk-In ShowerCeiling Fan(s)Dining AreaKitchen - Eat-InRecessed Lighting

Property Details

Construction

Vinyl Siding

Parking

Parking LotAssigned

Heating

Central

Cooling

DuctlessCentral Air

Appliances

Built-In MicrowaveDishwasherDryer - ElectricIcemakerMicrowave

Questions & Answers

This 3-bedroom, 2-bathroom single family at 405 PHILADELPHIA Avenue is listed at $699,900 ($336/sqft). The estimated monthly payment is $5,934 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2191/month.

Key features include: Built in 1940, 2 stories, 1 parking spaces. Interior Features: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s).

This property is listed by Brittani Phillips.

BP

Brittani Phillips

License 652284

Agent at ERA Martin Associates

Listed by ERA Martin Associates · Broker phone: (410) 749-1818 · View on Broker Site · Broker website

MLS# MDWO2040626· Source: Bright MLS· 53 days on PropertySimple

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.

405 PHILADELPHIA Avenue #26, Ocean City, MD 21842

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