$399,000
 $2,142 est/mo Sourced by Back At You

5405 Coastal Hwy #307,OCEAN CITY, MD 21842

OCEAN CITY, MD 21842

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Description

What does $399,000 buy you in Ocean City these days? That's actually a pretty good question. In this case (at Sunset Bay #307), it gets you a fully furnished, updated 2-bedroom, 2-bath condo in a bayfront Midtown community with an elevator, pool, fitness center, waterfront access, on-site parking, an oversized private balcony, and a location where leaving the car parked for your entire stay is actually realistic. That's a lot of Ocean City for under $400K. Located bayside at 54th Street, Sunset Bay sits in one of those Midtown locations that becomes more convenient the longer you own here. The beach is only a few minutes away, Route 90 makes getting on and off the island considerably easier, and you're surrounded by restaurants, entertainment, shopping, watersports, and plenty of reasons to leave the car exactly where you parked it. Inside, #307 has already received the updates most buyers are looking for. Wood-style LVP flooring runs throughout, while the kitchen features granite countertops and a tiled backsplash. The interior was professionally designed to feel cohesive and comfortable without becoming overly "beachy" (you know exactly what we're talking about), and the condo is being sold fully furnished. Then there's the balcony. It's oversized, private, and most importantly, actually useful. There's enough room to sit outside, spread out, have dinner, read a book, or enjoy a drink after the beach without rearranging furniture every time someone needs to walk past. Sometimes square footage outside the condo is almost as important as the square footage inside. Sunset Bay adds quite a bit to the equation. The bayfront community offers an outdoor pool and spa, fitness center, elevators, and a shared waterfront dock where owners and guests can launch kayaks or paddleboards, or spend some time crabbing. It's a nice reminder that even when you're not looking directly at the bay from your condo, you're still buying into a community that sits directly on it. And 54th Street might be one of the better case-studies for 'why to buy in Midtown Ocean City'. Walk to the beach. Walk to Fager's Island, Bad Monkey, Alley Oops, Seacrets, and plenty of other restaurants and entertainment nearby. The Convention Center and Jolly Roger aren't far away either, while the Route 90 Bridge gives you one of the most convenient entry and exit points in Ocean City. #307 has previously been rented and has everything you'd expect from a property capable of returning to a vacation-rental program: two bedrooms, two full baths, a furnished and updated interior, usable outdoor space, a pool, elevator, on-site parking, beach access nearby, and a location surrounded by things vacationers already want to do. So let's go back to the original question......What does $399,000 buy you in Ocean City? In this case, it's a LOT MORE than you might expect. An updated and fully furnished 2-bedroom condo. An established bayfront community. Pool. Fitness center. Waterfront access. Elevator. Oversized balcony. On-site parking. A walkable Midtown location. The beach nearby. And legitimate rental potential if that's part of your plan. It's the combination that makes this property so appealing.

Details

MLS #MDWO2040634
Listing TypeFor Sale
StyleCondominium
Building NameSunset Bay
HOA Dues$2,032
Sub-TypeResale
StatusActive-bright
Year2003
Days On Site31
Listing Provided ByKeller Williams Realty Delmarva | Grant K Fritschle

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,023
Story(s)1
ZoningC-1

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingHeat Pump(s)
Interior FeaturesBathroom - Soaking Tub, Bathroom - Stall Shower, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Kitchen - Gourmet, Pantry, Upgraded Countertops, Window Treatments
Window FeaturesDouble Pane Windows, Insulated, Screens
FurnishedYes
AppliancesBuilt-In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/Range - Electric, Refrigerator, Washer

Exterior

Exterior FeaturesOutside Shower
RoofBuilt-Up, Flat
Construction MaterialsStucco

Parking

Garage Yes / NoNo
Parking FeaturesAssigned, Paved Driveway, Private

Taxes

Tax Annual Amount4506

Area Information

StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaBayside Interior (83)
Community NameNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (in NONE AVAILABLE)
Price:
$399,000
low | high
Med:
$359,900
59.799498746867% of Average
sqft:
1,023
low | high
Med:
1,585
4.936461388074% of Average
$ / sqft:
$390
low | high
Med:
$228
91.474168163506% of Average
On site:
31
low | high
Med:
160
19.375% of Average
Sourced by Back At You

Market Activity 21842

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Learn More About This Property

StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaBayside Interior (83)
Community NameNONE AVAILABLE
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (in NONE AVAILABLE)
Price:
$399,000
low | high
Med:
$359,900
59.799498746867% of Average
sqft:
1,023
low | high
Med:
1,585
4.936461388074% of Average
$ / sqft:
$390
low | high
Med:
$228
91.474168163506% of Average
On site:
31
low | high
Med:
160
19.375% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $498K
sqft: 767 - 1,000
Nearby Listings Property ImageNearby Listings Details
5500 COASTAL HWY #D219 Property Photo 1
$399,900
5500 Coastal Hwy #d219
Ocean City, MD 21842
Listing Updated: September 9, 2026 at 9:19:28 AM PDT