Search
Two-Bedroom Residential Income Property
For Sale
$372,000

5405 COASTAL HWY #207, Ocean City, MD 21842

OCEAN CITY, MD

Property SizeContact for details
Days on Market127

Property Features for 5405 COASTAL HWY #207

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1
Subdivision NONE AVAILABLE
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

pool
hot tub
fitness room
pier
kayak rack
gas fireplace
in-unit laundry
private balcony

Building Details

Year built 2003
Listing Agency: Bethany
Listed By: Allie L Rothenberger
Added: May 5 Changed: Sep 2 Last Checked: Sep 8 at 12:06PM
MLS# MDWO2038302

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2003-built condominium at 5405 Coastal Hwy #207 offers a two-bedroom, two-bath layout with an open kitchen, breakfast bar, dining area, and living room. A gas fireplace, in-unit laundry, abundant natural light, and a private balcony with a small bay view add to the interior features. The primary suite includes an en-suite bath with a soaking tub, separate glass-enclosed shower, and dual vanity.

Sunset Bay is positioned near 54th Street in Midtown Ocean City, with restaurants, entertainment, nightlife, and beach access within walking distance. A pedestrian refuge and staged crossing at Coastal Highway provide a documented route toward the beach. Community amenities include an outdoor pool, hot tub, fitness room, pier, kayak rack, and three elevators. The condominium includes two parking spaces, one assigned and one open. A rental projection is available in the listing documents.

Key Highlights

  • Two‑bedroom, two‑bath condominium built in 2003
  • Private balcony with a small bay view
  • Sunset Bay amenities include an outdoor pool, hot tub, fitness room, pier, and kayak rack

Property Analytics

Current Use

Sunset Bay Condominiums Condominium Complex

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Coastal condominium with resort amenities, private outdoor space, and walkable access to dining, entertainment, and the beach.
Where is this residential income property located?
The property is located at 5405 COASTAL HWY #207 Ocean City, MD.
What is the asking price?
The asking price for this property is $372,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium built in 2003; Private balcony with a small bay view; Sunset Bay amenities include an outdoor pool, hot tub, fitness room, pier, and kayak rack
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message