Newcondo
1/39
$1,545/mo
$234,9001bd·1ba·588sf
409 Saint Louis Avenue #48, Ocean City, MD 21842
Listing Courtesy of Keller Williams Realty Delmarva
for sale
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Overview
Ideally located on 40th Street, this charming 1 bedroom, 1 bath condo with offers comfort and strong investment potential. Just a short walk from the Ocean City Convention Center and the beach, this property is perfect for Renter Investment and Family Investment! Central A/C and Heat. Close to main entertainment attractions! This condo brought in over $20,000 in rental income last year, making it an excellent opportunity for investors. Whether you're looking for a vacation getaway, rental property, or both, this condo checks all the boxes!
Listing updated: July 16, 2026 at 4:47 PM
Listed by:
Bret Davis (410) 677-0909, Keller Williams Realty Delmarva, Co-Listing Agent: Erik Burch (410) 253-7616, Keller Williams Realty Delmarva
Source: Bright MLS · MLS #MDWO2037466
Property details
Your cost estimate
Est. monthly payment
$1,238/mo
Principal & interest
$1,048Property tax
$123Home insurance (est.)
$67Down payment
$40,00020% of list price
Adjust down payment20%
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Based on $40,000 down (20% of list price), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Jul 16, 2026 | Price reduced | $199,999(−$29,001) |
| May 7, 2026 | Listed for sale | $229,000 |
Location
13 40th Street #7, Ocean City, MD 21842
Est. monthly payment
$1,238/mo
at 20% down · $199,999 list
Tour for free, no strings attached
Mable Loans · Equal Housing Lender
NMLS #1949497
Recently sold nearby
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This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
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$1,238/mo
Est. · $199,999 list
