MLS: #MDWO2040626, Listed By: Brittani Phillips, ERA Martin Associates, Shamrock Division, Source:Bright MLS
405 Philadelphia Avenue #26
OCEAN CITY, MD 21842
3
Bed
2
Bath
2,080Sqft
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, 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, with everything Ocean City has to offer just minutes away. Don't miss out on this amazing opportunity!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2 -
Flooring Information
Vinyl -
Roofing Information
Shingle -
Interior Features
Eat-in Kitchen, Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s) Roof: Shingle Appliances: Electric Water Heater, Dishwasher, Ice Maker, Microwave -
Heating & Cooling
Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Ductless, Electric
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Building Information
Year Built: 1940 Building Area Total: 2080 Construction Materials: Vinyl Siding Pool Features: Community Private Pool: No Association Fee Frequency: Quarterly -
Exterior Features
Exterior Features: Lighting
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Lot Information
Lot Dimensions: 0.00 x 0.00 Lot Size Source: Assessor Lot Size Square Feet: 1Property Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 8329 Property SubType: Single Family Residence Direction Faces: East Levels: Two Property Age: 86
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Listing Price Information
Listing Price: $749900
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Tax Information
Parcel Number: 2410749395 Tax Lot: 26 Tax Year: 2025 Annual Tax: $5237
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Parking Information
Parking Total: 1 Assigned, Parking LotGarage Information
Pets Allowed: YesHomeowners Association InformationHas Association: Yes Included Fees: Trash, Water HOA: $2,191.00 Community Features: Pool
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School Information
Elementary School: OCEAN CITYJunior High School: STEPHEN DECATURSenior High School: STEPHEN DECATUR -
Utility Information
Cable Available -
Location Information
Direction: From 90 Bridge - Right into Parrot Bay Community before Mitchell's Market - House is Right on Coastal Highway next to Mitchell's Market WaterSource: Public Security Features: 24 Hour Security
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| LOT #1 Exeter Road, Ocean City, MD, 21842 | $631,000 | 3 | 3 | 1,614 | 0.16 Acre |
| OCEAN HIGH CM WK40 32nd.., Ocean City, MD, 21842 | $7,500 | 3 | 2 | 1,400 | -- |
| LOT#2 Exeter Road, Ocean City, MD, 21842 | $883,000 | 3 | 3 | 2,030 | 0.17 Acre |
| SANDY SQUARE CM 11901 W.., Ocean City, MD, 21842 | $9,500 | 3 | 2 | 1,041 | -- |
| 11602 Coastal Highway #1A, Ocean City, MD, 21842 | $899,000 | 5 | 3 | 2,541 | -- |
| 12505 Wight Street #18B, Ocean City, MD, 21842 | $949,900 | 3 | 2 | 900 | -- |
| 10900 Coastal Highway #.., Ocean City, MD, 21842 | $499,900 | 2 | 2 | 825 | -- |
| 11500 Coastal Highway #.., Ocean City, MD, 21842 | $474,999 | 2 | 2 | 888 | -- |
| 6 140th Street, Ocean City, MD, 21842 | $1,150,000 | 3 | 1 | 1,018 | 0.17 Acre |
| 13 79th Street, Ocean City, MD, 21842 | $1,295,000 | 6 | 4 | 2,128 | 0.14 Acre |
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Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 09/10/2026 @ 20:54
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