Back 308/7 40th Street
Off Market

308/7 40th Street

Ocean City MD 21842

1
1
1
588 sq. ft.
Condo
Last sold for $245,000
Lucia SteeleLucia Steele, last sold this property on 14 January 2026 after 245 days on market.

Overview

Price Reduced!! The perfect place at the beach, A Place in the Sun #308 is located on 40th Street ocean block, walk to the beach in a few minutes! This 1 Bedroom, 1 full bath top floor unit features a front balcony where you can enjoy the ocean views and another rear balcony for additional outdoor space. The unit has 2 sliding glass doors, ceramic tile flooring, recessed lighting, 2 ceiling fans, granite counter tops, backsplash tile, upgraded kitchen cabinets, stainless steel kitchen appliances, bathroom with ceramic walk in shower, bedroom with built in storage, a closet and washer and dryer, covered assigned parking space, furniture in the property is included in the sale. (Sofa is a pull out bed and bedroom has a queen bed) Move in ready with all the furnishings ! OWNER JUST INSTALLED A BRAND NEW HVAC SYSTEM ON 8/4/2025 AMERICAN STANDARD 2.0 TON 14 SEER UNIT, BUILDING IS IN GOOD STANDING WITH NO ASSESSMENTS, NO RENTAL RESTRICTIONS

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
588 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Ocean City over the last 12 months, the estimated median property value of 308/7 40th Street is $290k.

Median value
$290k
Estimated value range
$152.5k - $450k
Median days on market
62
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocean City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 308/7 40th Street

2026
Sold
$245,000
14 Jan 2026 by Lucia Steele, of NOVA Brokers, LLC.

Happy sellers in Ocean City

87%
87% of sellers in Ocean City reported that their sale price either exceeded or met their price expectations.

Ocean City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Ocean City over the last 12 months.

Local market activity for 1 bedroom condos in Ocean City

In the last 12 months, 200 one-bedroom condos similar to 308/7 40th Street, have been sold.

This represents a 9% decrease in one-bedroom condos sales when compared to the previous 12 months.

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