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124 75th St Unit 402, Ocean City, MD, 21842

3beds
2baths
1,735sqft
$875,000
$504price/sqft
$5,907/moest. monthly cost
$236,280/yrincome needed

About This Home

Luxury Bayfront Living with Spectacular Sunset Views Experience coastal living at its finest in this beautifully updated 3-bedroom, 2-bath bayfront residence offering 1,735 square feet in an exclusive 12-unit boutique building in the heart of Midtown Ocean City. Perfectly positioned with southern exposure, this exceptional home offers breathtaking panoramic views of the bay and protected wetlands. This meticulously maintained residence has been extensively updated with fresh paint throughout, upgraded recessed lighting in every room, new ceiling fans, all new electrical outlets and switches, new gas fireplace logs, Levolor® motorized shades, and heated distressed wide-plank tile flooring with 11 individually controlled heating zones. The Levolor® motorized shades feature room-darkening blinds in the primary suite and light-filtering blinds in the living room, while the gas fireplace creates the perfect place to relax on cooler evenings. The spacious kitchen is designed for entertaining and offers an abundance of cabinetry, quartz countertops, a coastal blue tile backsplash, stainless steel appliances, and a wine refrigerator a rare find for a beach home. The primary suite features a custom Elfa® Closet System by The Container Store and a stunning en-suite bath with upgraded fixtures and a spacious walk-in shower. A second Elfa® Closet System adds exceptional organization to one of the additional bedrooms. The second bathroom has also been beautifully updated with a spacious walk-in shower and seamless glass doors. The spacious laundry room has also been recently enhanced with the addition of a utility sink and custom cabinetry, providing exceptional storage and functionality. Step onto the expansive waterfront deck and enjoy spectacular sunsets, outdoor dining, or simply relax while overlooking the bay and protected wetlands. Amenities include a south-facing outdoor pool, barbecue area, covered parking, ground-level storage, secure lobby with elevator, and a kayak/paddleboard launch and storage area. Located in a well-maintained boutique building, this home offers a peaceful waterfront lifestyle just moments from Ocean City’s beaches, dining, shopping, and entertainment. Don’t wait on this one! Opportunities like this are rare. Schedule your private showing today and experience the very best of bayfront living in Ocean City!

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

10/10
10/10
7/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 2004

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Coastal,Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Stainless Steel Appliance(s),Microwave,Dishwasher,Disposal,Refrigerator,Ice Maker,Water Heater,Washer/Dryer Stacked,Oven/Range - Electric,Cooktop,Exhaust Fan,Electric Water Heater
  • Laundry features: Washer In Unit,Dryer In Unit,In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Combination Dining/Living,Combination Kitchen/Dining
  • Flooring: Laminate,Heated
  • Finished area below ground: 0
  • Finished area above ground: 1,735

Heating & Cooling

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

Interior Area

  • Total structure area: 1,735
  • Total interior livable area: 1,735 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2410428955
  • Attached to another structure: Yes
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Exterior features: Barbecue,Balcony
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 2
  • Parking features: Parking Lot

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 $4,424$53,088
Home Insurance *$211$2,532
Property Taxes $991$11,892
Electricity $281$3,374
Total$5,907$70,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$202,525/yr
40% on housing$177,210/yr
45% on housing$157,520/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

$504This listing

vs Other Active Listings

Avg $/sqft

ZIP 21842$301
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
2026-07-22Listed for sale$875,000
2024-11-15Sold$710,000
2024-10-22Pending sale$750,000
2024-09-13Contingent$750,000
2024-07-16Price change$750,000
2024-06-24Listed for sale$775,000
2023-11-06Listing removed$795,000
2023-08-29Listed for sale$795,000
2014-11-13Sold$570,000
2007-02-13Sold$569,900

For Sale by Agent

AgentLeslie Smith
BrokerageSheppard Realty Inc

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