- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Street View
$399,000
Monthly Est:$1,986
2 Beds
- 2 Baths
2 full baths
1,023sqft
5405 Coastal Hwy #307, Ocean City, MD 21842
$399,000
$1,986/moEst:
Get Pre-Approved
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 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.
- 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

Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
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
Insurance
Health Club
Trash Pickup
Ext Bldg Maint
Pool
deck
Pier/Dock Maintenance
Management
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
| Date | Event | Price |
|---|---|---|
08/19/2026 Source: | Listed for Sale | $399,000 +7.55% $390/sqft |
09/16/2021 Source: | Price Increased | $371,000 +55.88% $363/sqft |
03/29/2019 Source: | Price Decreased | $238,000 -31.19% $233/sqft |
11/04/2004 Source: | Sold | $345,900 $338/sqft |
Getting Around 5405 Coastal Hwy
Bike Score®
Bikeable
52/100
Walk Score®
Car-Dependent
48/100
Data provided by Redfin
Nearby Homes
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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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