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5 73rd St, Ocean City, MD, 21842

2beds
2baths
944sqft
$720,000
$763price/sqft
$4,943/moest. monthly cost
$197,720/yrincome needed

About This Home

Charming end-unit 2-level townhome just steps to the beach in the heart of midtown Ocean City with no HOA or Condo Fee! This beautifully updated 2-bedroom, 1.5-bath home blends classic beach cottage character with modern upgrades and exceptional location. Situated in the desirable Village by the Sea community on 73rd Street, this rare end unit offers added privacy, extra natural light, additional space for parking and easy access to everything Ocean City has to offer. Inside, you’ll find a bright open-concept layout featuring an updated kitchen with white shaker cabinetry, stainless steel appliances, stylish backsplash, breakfast bar seating, and ample cabinet storage. Renovated bathrooms, tiled flooring, recessed lighting, and inviting coastal finishes create a warm and welcoming atmosphere throughout. The spacious primary suite features an updated ensuite bath with custom tile shower, while the second bedroom offers the perfect setup for guests and family. Outside, enjoy the inviting front porch, private outdoor seating area, storage shed, and low-maintenance exterior—perfect for relaxing after a day at the beach. Located just moments from the sand, popular restaurants, shopping, nightlife, and entertainment, this property offers excellent potential as a primary residence, vacation getaway, or investment property with strong rental appeal.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

10/10
10/10
7/10

Construction

Condition

  • Year built: 1969

Materials

  • Foundation: Other
  • Construction materials: Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Coastal
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 944

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 944
  • Total interior livable area: 944 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2410082633
  • Zoning: R-3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean

Lot

  • Lot size: 1,910 sqft
  • Features: Cleared,Corner Lot
  • Lot size dimensions: 23.875 x 80

Parking

  • Total spaces: 3
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Winter Weather
Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,640$43,680
Home Insurance *$211$2,532
Property Taxes $811$9,732
Electricity $281$3,374
Total$4,943$59,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$169,474/yr
40% on housing$148,290/yr
45% on housing$131,813/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$763This listing

vs Other Active Listings

Avg $/sqft

ZIP 21842$302
Worcester County$306

vs Homes Sold Last Month

Median $/sqft

ZIP 21842
Worcester County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Listed for sale$775,000
2021-06-09Sold$410,000
2011-08-03Sold$278,000

For Sale by Agent

AgentJoseph Wilson
BrokerageCoastal Life Realty Group LLC

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