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$699,900

Listing Price

3beds

2baths

2,080sqft

1sqft lot

405 Philadelphia Ave, Ocean City, MD 21842

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Condo / Townhome

Home type

360.53

Price / sqft

1940

Year built

Home Details

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!

Interior Details

Square Feet
  • 2080

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 1

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • Condo/apartment

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2021

$2,688

$95,100

$95,200

--%

$190,300

2020

$2,400

$0

$0

--%

$168,767

2019

$2,079

$0

$0

--%

$147,233

2018

$1,775

$62,800

$62,900

--%

$125,700

2017

$1,784

$62,800

$62,900

--%

$125,700

2015

$1,901

$70,300

$70,300

--%

$140,600

2014

$1,903

$0

$0

--%

$140,600

2012

$1,884

$0

$0

--%

$140,600

percent-home-icon

Average Home Price in 21842

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,275,856

-- Beds

-- Baths

1,828 Sqft

931 Lot (sqft)

Sold 07/07/2026

$1,105,812

-- Beds

3 Baths

2,004 Sqft

464 Lot (sqft)

Sold 05/13/2026

$649,900

-- Beds

2.5 Baths

1,859 Sqft

756 Lot (sqft)

Sold 10/05/2026

$696,000

3 Beds

2 Baths

1,860 Sqft

868 Lot (sqft)

Sold 02/14/2025

$699,900

3 Beds

2 Baths

2,080 Sqft

1 Lot (sqft)

Sold 09/08/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
699,900
$
Down payment
139,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,199.4
$
HOA (Monthly)
0
$
PMI
0
$
$4,531
Your Payment
Total Monthly Payment:$4,531
Percent of Income:78%
Affordable:No

Details for 405 PHILADELPHIA AVE

Property Debt

Foreclosure Contact Details