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Image 1 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 2 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 3 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 4 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 5 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 6 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 7 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Image 8 - 12 42nd St Unit 502, Ocean City, Maryland, 21842 - Condo for sale

Condo For Sale In Ocean City, Maryland

12 42nd St Unit 502, Ocean City, Maryland, 21842

Condo For Sale In Ocean City, Maryland

condo for sale

Listed: 06/11/24

12 42nd St Unit 502, Ocean City, Maryland, 21842

2 Bed:

2 Bath:

808 Sq Ft Living Area:

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Price

$ 415,000

Price: Average

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About This Condo

Location, location !! This condo offers a wonderful partial view of the ocean from the spacious private balcony on the 5th floor. Get ready to enjoy the location of this property that is a half block from the ocean, and walking distance to the Convention Center, bus stop and many restaurants and night clubs, or could be a great rental opportunity. The building has had a facelift this past year with new paint, stairs and railings through special assessment, that the buyer will be paying. Both bedrooms have new mattresses with boxsprings and a new pull out sleeper couch in the living room. Schedule your showing today!

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Ocean City Housing & Living

Average sale prices for condos

2 bed

Show as List Show as Graph

Month	Median Price
May 2024	$446,121 (+6.7%)
Apr 2024	$418,269 (0%)
Mar 2024	$418,269 (0%)
Feb 2024	$418,269 (0%)
Jan 2024	$418,269 (+6.6%)
Dec 2023	$392,414 (-10.8%)

In May 2024, the asking price for 2 bed condos for sale in/near Ocean City, United States averaged $446,121, an increase of 6.7% from the previous month.

Median price trends for properties for sale in Ocean City, United States as of May 2024.

Household Income

Median household income: $54,659

Number of households: 3,412

The average household income in Ocean City, MD grew from $53,288 to $54,659 in the past year. This data is an estimate based upon 3,412 households in Ocean City, MD.
The chart below presents how household income is distributed in Ocean City, MD in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ocean City, MD compared to median property taxes around the country. The prevalent amount of property taxes in Ocean City, MD equals $3k+ , which is more than the national average.