For Sale
Condo for sale at 5405 Coastal Hwy #307, Ocean City, MD 21842 | MLS# MDWO2040634 | Listing updated on 2026-10-06
Photo 1 of Condo for sale at 5405 Coastal Hwy #307, Ocean City, MD 21842 | MLS# MDWO2040634 | Listing updated on 2026-10-06
Photo 2 of Condo for sale at 5405 Coastal Hwy #307, Ocean City, MD 21842 | MLS# MDWO2040634 | Listing updated on 2026-10-06
Photo 3 of Condo for sale at 5405 Coastal Hwy #307, Ocean City, MD 21842 | MLS# MDWO2040634 | Listing updated on 2026-10-06
Photo 4 of Condo for sale at 5405 Coastal Hwy #307, Ocean City, MD 21842 | MLS# MDWO2040634 | Listing updated on 2026-10-06
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$399,000

Monthly Est:$1,986

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,023sqft

5405 Coastal Hwy #307, Ocean City, MD 21842

$1,986/moEst:

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  • Condominium

  • Built in 2003

  • $677.33/mo HOA

  • -- sqft lot

  • $390/sq.ft

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 isl
and 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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 6, 2026 at 1:00 pm
  • Listing Provided by: Grant K Fritschle (410) 430-5880 | Keller Williams Realty Delmarva (410) 524-6400
  • Source: Bright MLS-NJ | MLS#: MDWO2040634 Bright MLS-NJ

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Worcester Md County

  • City

    Ocean City

  • Neighborhood

    --

  • Year Built

    2003

  • HOA Fees

    $677.33/mo

  • Finished Area

    1,023 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Bright MLS

  • MLS Number

    MDWO2040634

  • MLS Status

    ACTIVE-BRIGHT

  • Days on Market

    49

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Location

HOA Management

N/A

HOA Fees

$2,032/ Quarterly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Elevator Elevator

Insurance Insurance

Health Club Health Club

Trash Pickup Trash Pickup

Ext Bldg Maint Ext Bldg Maint

Pool Pool

deck deck

Pier/Dock Maintenance Pier/Dock Maintenance

Management Management

Common Area Maintenance Common Area Maintenance

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

Interior

  • Exterior Features

    Outside Shower

  • Heating

    Heat Pump(s)

  • Flooring

    Vinyl

  • Cooling

    Central A/c

  • Interior Features

    Bathroom Soaking Tub, Bathroom Stall Shower, Carpet, Ceiling Fan(s), Combination Dining/living, Crown Moldings, Kitchen Gourmet, Pantry, Upgraded Countertops, Window Treatments

  • Window Features

    Double Pane Windows, Insulated, Screens

  • Sewer

    Public Sewer

  • Appliances

    Built In Microwave, Dishwasher, Dryer, Exhaust Fan, Freezer, Oven/range Electric, Refrigerator, Washer

Construction

  • Year Built

    Year Built: 2003

  • Home type

    Condominium

  • Roof

    Built Up, Flat

  • Architectural Style

    Unit/flat

  • Construction Materials

    Stucco

Utilities & Energy

  • Fireplace Features

    Gas/propane

  • Water Source

    Public

  • Parking Features

    Assigned, Paved Driveway, Private

  • Association Amenities

    Elevator, Exercise Room, Pier/dock, Pool Outdoor, Swimming Pool

Other Features

  • Patio And Porch Features

    Balconies Multiple

  • Subdivision Name

    None Available

Price History

DateEventPrice

08/19/2026

Source: mls_logoBright MLS-NJ #MDWO2040634

Listed for Sale

$399,000 +7.55%

$390/sqft

09/16/2021

Source: mls_logoBright MLS-NJ #MDWO2001262

Price Increased

$371,000 +55.88%

$363/sqft

03/29/2019

Source: mls_logoBright MLS-NJ #MDWO102138

Price Decreased

$238,000 -31.19%

$233/sqft

11/04/2004

Source: mls_logoBright MLS-NJ #1000629292

Sold

$345,900

$338/sqft

Getting Around 5405 Coastal Hwy

Bike Score®

Bike Score

Bikeable

52/100

Walk Score®

Walk Score

Car-Dependent

48/100

Data provided by Redfin

Nearby Homes

Based on information from Bright MLS through Oct 09, 2026, 02:30PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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