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3 Beds
2 Baths
2,080 sqft

$699,900

405 PHILADELPHIA AVENUE Unit: 26, OCEAN CITY MD, 21842

Price per sqft$336.49
Built in1940
Property size2,080 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Sep 8, 2026

Updated 20h ago

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!

$4,656/mo

Est. mortgage payment based on a $699,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MDWO2040626

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0 Acres

Other Property Details

Taxes
$5,237
Tax Frequency
Annually
Association Fee Frequency
Quarterly
55+/Senior Community
No
MLS provider logo

Listed by ERA Martin Associates, Shamrock Division
Listing Contact: 4435045281 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/7/2026 at 3:50 AM UTC

 

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