new - 1 day on rocket

407 Philadelphia Ave Unit 35, Ocean City, MD, 21842

$299,000

Home List Price

$3,551*

Closing Credit

2 Bedrooms
1 Full Bath
470 SqFt
$636/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

407 Philadelphia Ave Unit 35, Ocean City$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAsphalt Driveway, Parking Lot
Year Built1940
HeatingOther
CoolingWindow Unit(s)
ViewOcean
MLS #MDWO2027146
StatusActive
(ACTIVE)

About 407 Philadelphia Ave Unit 35

Coastal Charm Just Steps from the Beach! This beautifully remodeled 2-bedroom, 1-bathroom condo in Parrot Bay perfectly blends modern style with cozy, cottage-like charm. Located just 2 blocks from the beach, Ocean City boardwalk, and 3-4 blocks from the iconic inlet, this property offers the ultimate seaside retreat. The bright, airy interior features coastal-inspired décor designed for relaxation. The gourmet kitchen boasts sleek stainless steel appliances, ideal for preparing meals after a day by the ocean. The updated bathroom includes a ceramic tile step-in shower and contemporary finishes, creating a spa-like retreat. Luxury vinyl plank flooring runs throughout, combining elegance with easy maintenance. Step onto the covered porch to soak in the vibrant atmosphere of Ocean City’s lively beach town. With excellent rental potential and offered fully furnished, this condo is perfect as a vacation getaway or investment property. Don’t miss the chance to own this exceptional coastal retreat!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Unit/Flat
  • Year Built: 1940
  • Stories: 1
  • Living Area: 470 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (410) 849-7055
  • Listing Agent: Dustin Oldfather

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliances, Oven, Electric Range, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Bathroom - Walk-In Shower, Combination Dining/Living, Floor Plan - Open, Kitchen - Gourmet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Ocean

Parking Information:

  • Parking: Asphalt Driveway, Parking Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Just a few blocks from Rt. 50 in south Ocean City.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $636/SqFt

HOA Fees:

  • Amount: $873
  • Frequency: Quarterly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Ocean City, MD.

Map thumbnail provided by MapBox

Ocean City, MD

City

Med. Sold Price

$449.6K

Med. Price/SqFt

$427

Avg. Days On Market

56

# of Sold Homes

87

407 Philadelphia Ave Unit 35 vs Ocean City

1 DAY ON ROCKET

-55 Days

$299,000

-$150.6K Less

$636/SqFt

+$208 More

KEY TAKEAWAY

This property is $150.6K less than the Median Sold Price and $208/SqFt more than other homes in Ocean City, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWO2027146

Listing Office:

  • Office Name: Compass
  • Office Phone: (410) 849-7055
  • Listing Agent: Dustin Oldfather

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. 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. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,851

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-768839
10
/10

  • Ocean City Elementary School

  • 12828 Center Dr

  • 1.43 miles

  • Public District Grades PK-4

school-card-donut-768840
5
/10

  • Berlin Intermediate School

  • 309 Franklin Ave

  • 6.85 miles

  • Public District Grades 4-6

school-card-donut-768841
9
/10

  • Showell Elementary School

  • 11318 Showell School Rd

  • 6.91 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,076. Most Ocean City, MD residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Ocean City, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Ocean City, MD.

Ocean City's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its beachfront condominiums, which make up a significant portion of the housing stock, providing residents with scenic views and easy access to the beach. Single-family homes are also available, featuring styles from classic beach cottages to contemporary designs. The market is characterized by a mix of both year-round and seasonal properties, reflecting the city's popularity as a vacation destination.

What is it like to live in Ocean City, MD?

Ocean City is celebrated for its vibrant boardwalk, pristine beaches, and family-friendly atmosphere. The community prides itself on being a premier resort town, with numerous events throughout the year, including the famous Ocean City Air Show and the Sunfest music and arts festival. The town's character is shaped by its coastal environment, offering a relaxed lifestyle with a focus on outdoor recreation and water-based activities.

Is it easy to get around Ocean City, MD without a car?

The community is served by a range of essential services, including public schools that cater to residents and the seasonal influx of families. Healthcare is accessible through local clinics and urgent care centers, ensuring medical needs are met promptly. Ocean City also boasts a variety of retail shops and dining options, from casual eateries to fine dining, many of which showcase the local seafood cuisine. The town is proactive in maintaining and enhancing its services to accommodate both its permanent population and seasonal visitors.

Transportation in Ocean City, MD.

Transportation in Ocean City is well-suited to the needs of both residents and tourists. The town features a public bus service that runs along the Coastal Highway, providing convenient access to various points of interest. The area is also bike-friendly, with several bike paths and lanes available for those who prefer to cycle. For drivers, the city is easily navigable with well-maintained roads and highways connecting to nearby cities and attractions. While specific ride-sharing statistics are not mentioned, such services are commonly used by visitors and locals alike.

Frequently Asked Questions About 407 Philadelphia Ave Unit 35

What is the listing price of this property?

The listing price of 407 Philadelphia Ave Unit 35 property is $299,000.

What type of property is this?

The property 407 Philadelphia Ave Unit 35 is a condo located in Ocean City, Maryland, 21842.

Is this property for sale now?

Active Listing: 407 Philadelphia Ave Unit 35 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 407 Philadelphia Ave Unit 35 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 407 Philadelphia Ave Unit 35 is 470 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 Philadelphia Ave Unit 35 is 1940.

Rocket Homes›Maryland›Worcester County›Ocean City›21842›407 Philadelphia Ave Unit 35

This home is located at 407 Philadelphia Ave Unit 35 in Ocean City, MD and zip code 21842. This 470 square foot home was built in 1940. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $299,000.

While more than 15 listings in Ocean City, MD in November 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 57 were sold below. The number of homes for sale in Ocean City, MD increased by 0.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $449,666, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources